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Sustainable Development and Environmental Responsibility Report
Clear
DEVELOPMENTSTRATEGYCLEAR
development strategy

The targets set in the Inter RAO Strategy for the period until 2020 have been fully achieved. Company management has decided to prepare an Inter RAO Strategy until 2030.

Strategy implementation results
World-class
WORLD-CLASSMANAGEMENTTEAM
management team

CEO Boris Kovalchuk and the deputy chairman of the Board of Directors were awarded the Order of Alexander Nevsky.

Biographies of members of the Board of Directors
International
INTERNATIONALSUSTAINABLEDEVELOPMENTSTANDARDS
sustainable development
standards

Prominent sustainability ratings from ESG agencies: Sustainalytics, RobecoSAM, and CDP. The highest rating of ‘A’ among Russian companies according to MSCI ESG.

Stakeholder engagement
Strong operating
STRONGOPERATINGANDFINANCIALRESULTS
and financial results

Fitch upgraded PJSC Inter RAO’s credit rating to ‘BBB’ (Stable outlook). Moody’s affirmed PJSC Inter RAO at ‘Baa3’ (Stable outlook)

Key financial results by segment in 2019
High level
HIGH LEVELOF CORPORATEGOVERNANCE
of corporate governance

Corporate governance complies with the recommendations of the Code of Corporate Governance. Improvements were noted in terms of the balance of the Board of Directors, a greater role played by the committees of the Board of Directors, and the training of members of the Board of Directors.

Report by the Board of Directors on the Company’s development in priority areas of business
Substantial
SUBSTANTIALCASH FLOW
cash flow

Net cash flow from operating activities increased by 10.9% Net profit grew by 14.3% Net asset value increased by 13.9%

Key factors affecting financial results
Effective
EFFECTIVERISKMANAGEMENT
risk management

A list of strategic risks that are to be addressed by 2030 has been prepared. The Company observes the principles of the UN Global Compact concerning human rights, labor relations, environmental protection, and anti-corruption.

Risk management framework