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UN Global Compact Russia

New Guidance on Blue Bonds to Help Unlock Finance for a Sustainable Ocean Economy

The International Finance Corporation (IFC), a member of the World Bank Group, together with the International Capital Market Association (ICMA), United Nations Global Compact (UN Global Compact), United Nations Environment Programme Finance Initiative (UNEP FI), and the Asian Development Bank (ADB) have developed a global practitioner's guide for bonds to finance the sustainable blue economy. 

Released today, the voluntary guidance provides market participants with clear criteria, practices, and examples for “blue bond” lending and issuances. Gathering input from the financial markets, ocean industry and global institutions, it provides information on the key components involved in launching a credible “blue bond,” how to evaluate the environmental impact of “blue bond” investments; and the steps needed to facilitate transactions that preserve the integrity of the market.  

The new global guidance helps: 

• Define blue economy typology and eligibility criteria;
• Suggest key performance indicators; 
• Showcase latest case studies from the field; and 
• Highlight the critical need for increased financing to achieve Sustainable Development Goal 14, and other global sustainability targets.

High-Level Political Forum 2023

10-19 July 2023, New York, USA

The High-level Political Forum on Sustainable Development (HLPF)  helds from Monday, 10 July, to Wednesday, 19 July 2023, under the auspices of the Economic and Social Council . This includes the three-day ministerial segment of the forum from Monday, 17 July, to Wednesday, 19 July 2023 as part of the High-level Segment of the Council. The last day of the High-level Segment of ECOSOC will be on Thursday, 20 July 2023.
The theme is "Accelerating the recovery from the coronavirus disease (COVID-19) and the full implementation of the 2030 Agenda for Sustainable Development at all levels”.
The HLPF in 2023, without prejudice to the integrated, indivisible and interlinked nature of the SDGs, also reviews in-depth Goals 6 on clean water and sanitation, 7 on affordable and clean energy, 9 on industry, innovation and infrastructure, 11 on sustainable cities and communities, and 17 on partnerships for the Goals.


Benefits of participation
By joining the UN Global Compact Russia, you merge into a sustainable development leadership community.
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Events

New Guidance on Blue Bonds to Help Unlock Finance for a Sustainable Ocean Economy

High-Level Political Forum 2023

Localization of the SDGs in Russia and Beyond: Lessons Learned at the Mid-Point on the Way to 2030

Programs

This section is under construction

Metalloinvest has published its 2022 Sustainability Report

July 3, 2023

Metalloinvest has published its 2022 Sustainability Report "True to Ourselves in All Circumstances".
Despite the changes that are taking place in the global economy, the company remains open and committed to the ESG principles and systematic work in the key areas of sustainable development. And it's paying off.
In 2022, Metalloinvest improved its sustainability rating from ISS ESG to C+, confirmed its "silver" level in the EcoVadis rating and was ranked fifth out of 138 companies in the steel industry by Sustainalytics.
AK&M Sustainability and Nature Conservation research showed Metalloinvest to be the best among ferrous metallurgy companies.

To view the full version of the Report, please visit the Company's website.

Special project

Local Solutions to Global Problems

The Youth Contest. Grand Prix - educational program in Switzerland

On-line seminar UNEP and the Association Russian "National Global Compact Network"

26 June 2023

UNEP on 26 June will organised an online seminar to present the UNEP’s Strategy for Private Sector Engagement and answer questions on the possible ways for partnership development.
The meeting was moderated by Sylvie Motard, Deputy Regional Director, UNEP Europe Office and Vladimir Moshkalo, Head, UNEP Russia Office.
The meeting was attended by representatives of RUSAL, En+, PhosAgro, ALROSA, Severstal, Metalloinvest, Nornickel, Rosatom, Polus, RSPP, RUSS-INVEST, ACIG and representatives of , SBER, Sovcombank, Vnesheconombank.

Second Session of the Intergovernmental Negotiating Committee on Plastic Pollution

29 May - 2 June 2023, Paris, France

The second session of the Intergovernmental Negotiating Committee to develop an international legally binding instrument on plastic pollution, including in the marine environment (INC-2) will take place from 29 May to 2 June 2023 at the United Nations Educational, Scientific and Cultural Organization (UNESCO) Headquarters in Paris, France. The meeting will be preceded by regional consultations on 28 May 2023, at the same venue.

The UN Global Compact Network Russia has received the UNEP quota for participation in INC-2 as a group of observers. The delegation of the Global Compact National Network participates in the Plenary Session and side events of INC-2 in person.

PLENARIES can be watched by the public (via YouTube) in Arabic, Chinese, English, French, Russian and Spanish.


Live Webcast


International Women's Day

On the eve of International Women's Day, Global Compact Network Russia pays tribute to the women's contribution to well-being and prosperity of their countries and the world as a whole, to sustainable development and effective results of the companies where they work, to the development of the social environment! By ensuring gender balance in leadership positions and in the workteams, companies can improve their performance, which positively impacts the development of business, society and the world as a whole. 
Gender equality is good for business!

Experts

Elena Feoktistova

Deputy Chair of the Steering Committee. The Russian Union of Industrialists and Entrepreneurs, Managing Director, Corporate Responsibility, Sustainable Development and Social Entrepreneurship

Natalia Dorpeko

Executive director of the Association "National Network of the Global Compact"

Irina Bakhtina

Chief Sustainability Officer and Member of the Executive Team, United Company RUSAL, IPJSC

Sasha Boldyreva

Executive Director at Russian Donors Forum

Butmanov Anton

Sustainability Directorate of En + Group

Julia Mazanova

Deputy General Director for Sustainable Development and Corporate Communications of Management Company «Metalloinvest»

Poppel Natalia

Head of CSR and Brand department, Severstal

Benefits
Joining the Global Compact Network Russia – the Association “National Network of the Global Compact” – opens for the UN Global Compact participants additional opportunities – those mentioned above and stated below.