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The relevant State Duma committee noted PhosAgro’s comprehensive and serious approach to environmental issues

The relevant State Duma committee noted PhosAgro’s comprehensive and serious approach to environmental issues

The Russian Union of Industrialists and Entrepreneurs (RSPP) presented awards to the winners of the first national award “Leaders of Responsible Business”. PhosAgro became the best in three out of five categories.

The business award was established by the Russian Union of Industrialists and Entrepreneurs (RSPP) last year on the initiative of Russian President Vladimir Putin. It has become a tool for encouraging companies investing in social development – the formation of a favorable social and natural environment, sustainable development of territories and, as a result, in strengthening the country. The presentation of the awards took place within the framework of the social forum of the Russian Union of Industrialists and Entrepreneurs “Human potential development as a factor of sustainable development in the context of global change.”

44 Russian companies took part in the competition; they could submit no more than three of their already ongoing social initiatives for consideration by the expert council. Thus, having won in three out of five categories at once, PhosAgro showed the maximum result and received the highest award of the award. The best were PhosAgro’s social programs aimed at the comprehensive development of the regions where it operates, supporting education and the harmonious development of the younger generation. The company actively supports education, healthcare, youth sports and high performance sports, helps with the improvement of urban areas, takes care of the environment, implementing the principles of the ESG agenda.

First Deputy Chairman of the State Duma Committee on Ecology, Natural Resources and Environmental Protection Vyacheslav Fetisov noted the company’s serious and comprehensive approach to environmental issues and nature conservation. He emphasized that in Russia, issues of environmental protection and rational use of natural resources are given priority attention at the highest level. At the same time, an important component is participation in environmental programs of industrial partners.

“A good example is the implementation of the federal project “Clean Air”, designed to radically reduce the level of air pollution in large industrial centers of Russia. Its active participant is the PhosAgro company, which has reduced emissions into the atmosphere by 20% compared to 2017 levels with an annual increase in production volume. In total, the company has invested more than 60 billion rubles in environmental protection measures over 10 years. New capacities are created taking into account the most stringent environmental standards, our own climate strategy is being implemented, and the energy and resource efficiency of capacities is constantly increasing,” said Vyacheslav Fetisov.

As PhosAgro notes, the company is investing in the best available technologies to reduce its environmental impact and is implementing a comprehensive corporate program to improve energy efficiency. For example, in collaboration with the government of the Vologda region and the Russian Academy of Sciences (RAS), PhosAgro began implementing its own project to create a carbon farm – an area designed to monitor and absorb greenhouse gases.

Source: Rosbalt

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