AK&M Social Efficiency Ranking: High-techs yield highest social benefit

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AK&M 14 August 2020 11:19

AK&M Rating Agency's ranking (http://akmrating.ru/ru/ranking/index/35) has once again demonstrated the social relevance of high-tech industries generating high added value while causing minimal damage to the environment.

Communications service providers, power grid companies and transport holdings are on top of the ranking. Most of the oil producers are also socially effective, while mining and chemical companies are the outsiders, implying the lowest social benefit compared with their environmental impacts.

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