Social Responsibility and Sustainable Development

OGK-1 is strongly committed to corporate social responsibility, and this is evident in its compliance with the highest standards of business conduct and ethics. Company intends to meet high standards of corporate governance and in creating its sustainable development policy OGK-1 is committed to the principle of responsible relations between main shareholders, the company, and the state. OGK-1 recognizes the strong link between sound sustainability performance and long-term business viability as key framework elements. Our vision for sustainable development is to meet the needs of the present without compromising the ability of future generations to meet their own needs.
The corporate responsibility and sustainable development policy of OGK-1 is based on the principle of increasing the positive effect and reducing possible negative impact on society and the environment, by developing a set of social programs and projects, as well as programs for maintaining a responsible approach to the environment. of increasing the positive effect and reducing possible negative impact on society and the environment, by developing a set of social programs and projects, as well as programs for maintaining a responsible approach to the environment. The main priority of the Company’s sustainable development efforts is implementing a clear and transparent policy for shareholders, based on the international principles and guidelines and developing a system of corporate standards that will allow programs to be evaluated for effectiveness.

Principles of Social Policy

• Company management cares for the employees prosperity resulting in the effectiveness growth
• Material and not material needs & interests of employees are considered
• Social benefits granted by the company are accessible & appreciated by the employees as company voluntary expenses
• Profitable social policy is aimed the balance between planned social expenses & obtained key financial and operating indicators
• Social needs satisfied by state are not part of the company social policy
• Social benefits are conform to the living standards of employees

Company Social Mission

• Providing customers with sure & no-break energy & heat supply aimed to meet energy shortage by developing investment projects
• Extending generating facilities &building new energy units which result in increasing tax base & creating new workplaces
• Improving the corporate social responsibility by developing employees & raising social security system
• Reducing negative impact on environment by improving industrial & job safety systems