The independent credit rating agency RAEX Europe has included nine Russian timber companies in the updated integral ESG Ranking. Among them is Arkhangelsk PPM JSC (59th out of 110 Russian business structures in 20 industries, https://www.raexpert.eu/esg_corporate_ranking/ ).
RAEX-Europe hold ESG Ranking (Environmental, Social and Governance) of Russian companies for the third year in a row.
The ESG rating of Russian companies was made up on the basis of an assessment of the optimal set of selected indicators reflecting the company's degree of impact on the environmental and social environment, as well as the degree of its liability to social and managerial risks.
The following indicators were used: environmental (as a ratio to total revenue), communication (social expenses and investment in human capital per employee (thousand rubles) and OHS (frequency of accidents, number of accidents per 1000 employees), management (share of independent members of the Board of Directors (% of the total number of members of the BoD), % of free float), transparency of corporate reporting (according to Transparency international).