As part of performing functions of a financing development institution, Vnesheconombank places special emphasis on integrating sustainable development principles and best corporate social responsibility (CSR) practices into its activity. The Bank’s activity affects the interests of a wide range of interested parties and has a significant influence on the development of entire industrial sectors and regions. This places special responsibility on Vnesheconombank for improving social and economic living conditions of people and protecting the environment by way of adopting a balanced approach to managing the Bank’s activity.
Sustainable development principles and best CSR practices are integrated into Vnesheconombank’s activity in line with objectives and missions set forth by Vnesheconombank’s Strategy for Development for a Period of 2015–2020 as well as by Vnesheconombank’s Sustainable Development Road Map which specifies the Bank’s five main lines of sustainable development activity:
- Funding sustainable development projects
- Developing responsible lending practice
- Positioning Vnesheconombank as an institution operating on sustainable development principles. Promoting sustainable development principles in the business community, forming qualitative professional environment in the financial sector
- Integrating sustainable development principles in managing human resources and Vnesheconombank’s administrative and business activity
- Support events