Rapid assessment of corporate social responsibility programs of the largest arctic companies

The paper presents an express assessment of mining companies` corporate social responsibility programs (CRS) who are operating in the Arctic region of the Russian Federation. The research object is mainly chosen due to the following factors: 1) large public companies are interested in the developmen...

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Bibliographic Details
Main Authors: Zhdanyuk, Angelina, Nikulina, Anni, Kruk, Marina, "Арктика история и современность", ежегодная международная научная конференция 3; 2018; Санкт-Петербург
Format: Text
Language:Russian
Published: ПОЛИТЕХ-ПРЕСС 2019
Subjects:
Online Access:https://dx.doi.org/10.18720/spbpu/2/id19-125
http://elib.spbstu.ru/dl/2/id19-125.pdf
Description
Summary:The paper presents an express assessment of mining companies` corporate social responsibility programs (CRS) who are operating in the Arctic region of the Russian Federation. The research object is mainly chosen due to the following factors: 1) large public companies are interested in the development of CSR programs; 2) in order to create a favorable impression about their activities among stakeholders (investors, local population, media), these large companies place reports about social responsibility and sustainable development in open access; 3) the Arctic region which is characterized by unfavorable climatic conditions, remoteness from the Central region of Russia, requires employers to increase social responsibility to employees and society. Based on the methodology of rapid assessment of CSR programs, the analysis of the activities of seven companies of the mineral complex on 12 parameters for years 2015- 2016 was performed. As a result of the evaluation, EuroChem was awarded the highest score in CSR programs (17 points) and PJSC Norilsk Nickel had the lowest points (-5). It should be noted that this method of rapid assessment of companies is based not on absolute indicators but on their relative change in time: 2017 compared to 2016. The disadvantage of this study is also the inability to separate the CSR programs of companies into parts that are distributed in the Arctic region and parts that are used throughout the country. Further research involves the study of other methods of evaluation of companies ' CSR programs, their application for the evaluation of companies of the Arctic mineral complex as well as the development of recommendations for their improvement.