AK&M Information Agency has published the third social efficiency ranking of the major Russian companies based on 2019 results available at: http://akmrating.ru/ru/ranking/index/35
In 2019, the negative environmental impact produced by companies generally increased. The total environmental load increased by 10%. Of special concern is the situation in the oil and gas sector where the environmental impact increased by more than 20%. By contrast, energy companies are among the most environmentally friendly ranking participants. Inter RAO is among the aces achieving a more than 15% reduction in the environmental impact over the year.
The AK&M ranking reflects the results of assessing the social efficiency of major Russian companies and is aimed at identifying and highlighting the best of them, making the most useful contribution to society while producing the lowest impact on the environment and at finding a balance between the impact on the environment and their usefulness to society.
The result is a ranked list of companies based on the assessment of the company's social efficiency (the ratio of the social benefit to the environmental impact). The social efficiency is calculated taking into account two groups of indicators: one is the social effect of the company's activity (payments to the budget, for charitable activities, environmental expenses, payments to employees subject to the labor force involvement ratio); the other is environmental impact (air, water emissions, solid waste, adjusted for waste toxicity).
The Agency's ranking is based on the 2019 data provided by companies, including annual reports, sustainable development reports, consolidated financial statements, as well as data directly obtained from the companies via questionnaires.
The calculation methodology is available at: http://akmrating.ru/files/methodology/ru/23.pdf
