Bank for Development and Foreign Economic Affairs (Vnesheconombank)

The world’s largest development bank promoting social and economic development policy, improving the competitiveness of Russia and its innovation-based modernization.

In 2013, Vnesheconombank began presidency of the UN Global Compact Network Russia and set ambitious goals to revive the network, increase membership and improve cooperation with government. Vnesheconombank regards involvement with the UN Global Compact Network Russia as a unique strategic opportunity to promote the principles of sustainable development in the Russian business community.

Vnesheconombank’s non-financial reports suggest to stakeholders that the bank and group companies contribute to the social and economic improvement of the country and preserve the environment primarily through Vnesheconombank's functions as a state-owned development institution. Non-financial reports also reflect the bank’s progress towards achieving the Principles of the UN Global Compact on human rights, labor relations, environmental protection, and anti-corruption.

UN GC participant since 2011

News

27.07.2017

Public-Private Partnership in the Fight against Human Trafficking

This acute topic was the cover theme of the High-Level Conference, with took place on 20 and 21 July in the Moscow State Institute of International Relations in Moscow. It was organized jointly by the Organization for Security and Co-operation in Europe (OSCE) and Ministry of Foreign Affairs of the Russian Federation. The conference purpose was to draw public attention to the problem of Trafficking in Human Beings (THB) and to the necessity of setting ang strengthening partner relations between public and private sectors on the issues of combatting THB and creating a network of cooperation and communities of likeminded people in the OSCE region.

business and human rights

government and business

News

19.09.2013

UN Global Compact Network Russia Hosted News Conference “Russia’s Hour. Investments of Russian Business in Sustainable Development” in New York

On September 18, 2013 on the eve of the UN Global Compact Leaders Summit, the UN Global Compact Network Russia hosted the news conference “Russia’s Hour. Investments of Russian Business in Sustainable Development” in the city of New York.

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.

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