AFK Sistema wins the Investment Angel award for sustainable business development
2 DECEMBER, 2015
Sistema JSFC (LSE: SSA; MOEX: AFKS), a public Russian diversified holding company, was recognized as the winner of the Investment Angel 2015 International Investment Award in the special nomination “For Contribution to Achieving Sustainable Development Goals”.
AFK Sistema is one of the largest private investors in various sectors of the economy, employers, taxpayers and philanthropists in Russia. The Corporation became one of the first Russian companies that joined the UN Global Compact in 2002 and strictly adheres to the principles of sustainable development enshrined in it. Having a significant impact on the development of many sectors of the Russian economy and society as a whole, Sistema views social responsibility as a strategic platform for sustainable business development.
Prizes in this nomination were also awarded to OOO Unilever Rus (Unilever) and OAO Corporation for the Development of the North Caucasus. Among the winners of the 2015 Prize are large Russian and foreign companies and leaders of the most investment-attractive constituent entities of the Russian Federation: Moscow, Kaluga, Belgorod, Ulyanovsk, Tambov, Tyumen regions and the Republic of Tatarstan.
The award was established in 2011 by the World Organization for Development (WOD), an international non-governmental organization with special consultative status with the United Nations Economic and Social Council (UN ECOSOC). The “Investment Angel” award is awarded for successful investments in the development and implementation of competitive production of high-quality goods and services. It is designed to stimulate the development of various sectors of the economy, help improve the investment image and increase the investment attractiveness of countries and regions, and stimulate the activity of investors, both external and internal. The laureates are selected based on the ratings of the Agency for Strategic Initiatives (ASI), the rating of the WOD-Research organizer’s own analytical service, and official statistics. Nominees and laureates of the Investment Angel Award are subjects and regions of various countries of the world, investors, business angels, and representatives of large, medium and small businesses.
More information about the award can be found on the website https://unwod.org/