MOSCOW, 11 Feb – RIA Novosti. PhosAgro's General Director Andrey Guryev has been awarded the 15th Director of the Year National Award in the category For Contribution to the Development of ESG Culture, PhosAgro said in a statement.
The Director of the Year National Award was established in 2006 and is designed to recognize the personal contribution of directors to the development of the corporate governance system, as well as to promote the dissemination of advanced standards of board practice in Russian companies.
The winners and laureates are determined by the award's expert council from among the participants in the annual ratings of the best directors, which are compiled by the Association of Independent Directors (IDA) and the Russian Union of Industrialists and Entrepreneurs (RSPP) in partnership with PwC.
Presenting the award, President of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin noted that for the first time in the history of the award, the announced nomination “For Contribution to the Development of ESG Culture” will become annual: “All member companies of the Russian Union of Industrialists and Entrepreneurs have long introduced the practice of regular submission of non-financial reporting, reporting on sustainable development. Therefore, it is no coincidence, that it was the RSPP member company that became the winner this year, “he said.
Alexey Fegetsin, head of PwC's corporate governance practice, stressed that PhosAgro traditionally not only invests in the development of its own business, but, thanks to its commitment to ESG principles, makes a much broader contribution to sustainable development. “This year our company turns 20. And All these 20 years, sustainable development issues have been a key priority for PhosAgro. ESG abbreviation is part of our company's DNA, our mission. The growing attention to these principles is a macro trend that will determine future decades. It includes not only social policy, environment, corporate governance aspects , but covers our entire life, all the stakeholders who surround us, “- quoted in the message Guryev.
According to Xavier Rolet, Chairman of the Board of Directors of PhosAgro PJSC, the decision of the prestigious expert council of the award recognizes the strategic vision and management skills of PhosAgro CEO Andrey Guriev, further confirming the effectiveness of the company's strategy of environmentally sustainable development. “Striving to contribute to the achievement of the SDGs is an integral part The company's strategy to 2025, as we are directly supporting 11 of the 17 SDGs. PhosAgro will continue its investment program in this area, while continuing to help ensure the food security of the planet. Today, our eco-efficient mineral fertilizers that do not contain harmful concentrations of carcinogenic heavy metals and other toxic substances are in demand in 102 countries of the world “, – commented on the awarding of Guryev with the National Award” Director of the Year “added the Chairman of the Board of Directors of PJSC” PhosAgro “.