Company Priorities

According to PJSC MOESK, sustainable development means meeting the current demands without jeopardizing the ability of future generations to fulfill their needs, which can be achiev ed subject to balanced consideration of the impact of economic, social and environmental consequences of the Company’s activities on the society at large, including authorities and business.

Providing electric power transmission services in Moscow and Moscow region, PJSC MOESK contributes to support of normal living conditions of the population and development of all the economic sectors in the Moscow area. Due to the infrastructure-related basis of its activities, PJSC MOESK has great responsibility towards the society, As a result, PJSC MOESK identified 5 key priority areas of its development which are traditionally associated with the sustainable development and at the same time specific of PJSC MOESK due to its role of electric grid company: since it provides vital conditions for its existence and sustainable development. When preparing the integrated report of PJSC MOESK for 2015 in compliance with GRI G4 Guidelines, the Company identified the key aspects of sustainable development. The basis was formed by the key aspects of the previous Report on Activities in the Field of Sustainable Development for 2012 along with the aspects which are generally considered important in the electric power sector. Additionally, the Company took into consideration the analysis of the best practices used by the Russian and foreign electric grid companies in terms of non-financial aspects of the report.

As a result, PJSC MOESK identified 5 key priority areas of its development which are traditionally associated with the sustainable development and at the same time specific of PJSC MOESK due to its role of electric grid company:

 

Stakeholder engagement (sections 3.2., 4.1. and 4.5.)
  • development of dialog with the key groups of interested parties
  • customer-friendly approach
  • high level of Corporate Governance
  • compliance with the Ethics Code and Anticorruption Policy
Sustainable economic development (sections 2. and 4.4.)
  • compliance with the Ethics Code and Anticorruption Policy
  • fulfillment of financial obligations in relation to interested parties
  • growth of investment attractiveness and capitalization
  • implementation of longterm stable dividend policy
  • investments into the electric power system of Moscow area
Reduced negative effect on the environment(section 3.3.)
  • improved quality of waste water and higher efficiency of effluent treatment plants
  • reduction of atmospheric emissions
  • protection and rational use of land resources
  • protection of flora and fauna
Social and HR impact control(sections 3.5. and 3.6.)
  • provision of good work conditions and safety
  • implementation of measures to reduce workrelated injuries
  • HR development
  • HR loyalty improvement
  • Implementation of social programs
Improvement of electric power supply efficiency and reliability(sections 2.5. and 3.4.)
  • implementation of energy-efficient technologies
  • reduction of electric power losses in the course of transmission
  • increased availability of electric power supply
  • uninterruptible power supply
  • improved quality of equipment maintenance and repair

A list of stakeholder groups engaged by the organization. in 2015

Group of Stakeholders Interests of the Stakeholders Forms of Engagement
Personnel
  • Salary and social benefits
  • Steady jobs
  • Occupational health
  • Creation of learning and development opportunities
  • Opportunities for professional and career growth
  • HR policy and Environmental Policy
  • Personnel satisfaction surveys and questionnaires
  • Intranet portal
  • Personnel meetings with Deputy Director General for HR Management
  • Internal meetings
  • Organization of cultural and sports events
  • Activities of labor dispute committee
  • Meetings organized by representatives of Young Specialists’ Council
  • Meetings with trade union representatives
Consumers
  • Product price
  • Operational efficiency
  • Safety and reliability
  • Questionnaires
  • Interaction via front office
  • Internet reception office of Director General
  • Execution of monthly reports based on the readings of electric power meters
  • Execution of reports on electric power consumption without metering and contracts
  • Instrumentation checks for electric power meters
Suppliers, contractors
  • Procurement from local suppliers
  • Procurement budget
  • Compliance with procurement standards in the framework of all bidding processes
  • Organization of procurement procedures using electronic trading platforms
  • Contractual relations
  • Meetings with manufacturers of electrical and other equipment
  • Agreement on information exchange
Shareholders, investors
  • Operational efficiency
  • Cost control
  • Development prospects of PJSC MOESK
  • Compliance with the law
  • Situation in the power market
  • Corporate governance
  • Strategy and KPIs
  • Publication of reports as required by the law
  • Presentations and conference calls organized by the Company executives for the investment community
  • Press releases on material subjects and key corporate events
  • General meetings of shareholders
  • Meetings of PJSC MOESK executives with representatives of shareholders, investment communities
  • Analyst’s days, including visits to the production facilities
Authorities
  • Tax payments in due time and in full scope
  • Energy support for implementation of plans for social and economic development of territories
  • Participation in significant social projects
  • Support of partner relations
  • Support of partner relations
  • Support of partner relations
  • Participation in joint work groups
  • Meetings of PJSC MOESK executives with the representatives of authorities
  • Organization of joint public events
Mass media
  • Uninterruptible and quality power supply
  • Operational efficiency
  • Client-friendly approach
  • Environmental impact
  • Development prospects of PJSC MOESK
  • Press events: press tours, briefings, press conferences
  • Press releases on the most significant subjects and key events
  • Interviews with the Company executives
  • Video and radio spots, publications in mass media
Non-commercial organizations and local communities
  • Environmental safety
  • Minimization of negative consequences in case of production accidents
  • Compliance with the law
  • Social programs
  • Development and modernization of social infrastructure
  • Support of cultural events
  • Partnership in noncommercial organizations
  • Participation in work groups
  • Economic, environmental and social initiatives
  • Publications in local mass media
Educational institutions
  • Refresher training and qualification improvement for personnel
  • Internship and employment opportunities for graduates
  • Support of industry-specific educational institutions and scientific research activities
  • “Doors Open” days
  • Cooperation with educational institutions in connection with relevant education subjects

My Report

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