The corporate social responsibility of system forming mining and metallurgical companies of Russia
Authors:
About authors
- post-graduate student National Mineral Resources University (Mining University)
Abstract
The concept of corporate social responsibility in Russia is in the process of formation. A successful strategy of a company in the field of CSR, taking into account the interests of all stakeholders, reduces non-financial risks of the company and contributes to its sustainable development. Therefore, when developing and evaluating of the CSR strategy it’s necessary to identify all the stakeholders of the company, as well as to evaluate the potential effect of strategy’s implementation for each of the groups.
Область исследования:
(Archived) Economics and management
Keywords:
corporate social responsibility
non-financial statements
iron ore companies
interested parties
Funding:
None
References
- Annual report on corporate social responsibility of «Metalloinvest». URL: http://www.metinvest.com/files/%D0%A1SR_09_10_rus.pdf
- Annual report on corporate social responsibility of «Severstal». URL: http://www.severstal.ru/files/1206/CSR_Report%202010.pdf
- Kostin A.E. Mirror for the investor // Russian strategy. 2004. N 3.
- Increasing transparency of business through the development of corporate sustainability reporting. Analytical review of the corporate non-financial reports, 2008-2011 // A.N. Shokhin, L.V. Alenichev, E.N. Feoktistov, F.T. Prokop, M.N. Ozeryanskaya. Moscow, 2012.
- Ponomarenko T.V., Pikalova T.A. Characteristic Features of Construction of the Balanced Scorecard in the Integrated Mining Companies // Collected Articles of the International Scientific and Practical Conference «Integration of Science, Education and Industry is a Strategy of Innovation Economy». Yekaterinburg, 2011.
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