Sberbank of Russia publishes its Annual Report for 2011

OJSC Sberbank of Russia has issued its Annual Report for 2011, which combines the bank’s financial results with those from its Corporate Social Responsibility activities. Click here to access the report.

 
It is the second report by OJSC Sberbank of Russia, prepared in compliance with the GRI standard of reporting. The Report corresponds to GRI Application Level B which is an improvement over 2010’s “C” level. It demonstrates the significant progress made by the bank with regards to the planning and disclosure of information on the completion of its CSR goals.
 
The Report places an emphasis on OJSC Sberbank of Russia’s main priorities in CSR established in 2011. These are based on the results of the Bank’s dialogue with major stakeholder groups (customers, employees, state and society, shareholders and investors), and includes the bank’s commitment to:

  • fostering the economic development of the country
  • increasing the quality of its products and services
  • promoting the accessibility of services
  • investing in human assets
  • charity and sponsorship
  • reducing its environmental impact
  • developing its corporate management
The Report covers major initiatives by OJSC Sberbank and the results obtained in each of the above priority areas. The report covers the bank’s management approach to the implementation of its CSR initiatives. The Report also describes the approach of the Bank to the development of dialogue with interested parties.
 
Publication of the 2011 Report shows the commitment of OJSC Sberbank to reach its financial and non-financial goals using principles of responsible business and in compliance with the bank’s overall Mission.
 
A PDF copy of the report can be downloaded from:
http://www.sberbank.ru/common/img/uploaded/files/pdf/yrep/SB_Social_Report_2011_EN.pdf
 
If you have any questions or would like to get in touch, you can email Sperbank at: csr@sberbank.ru
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