Vnesheconombank Holds International Conference “Investment in Sustainable Development. New Conditions for Business Innovation Potential”

13 december 2013 года
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The 4th International Conference “Investments in Sustainable Development. New Conditions for Business Innovation Potential” was held in Moscow from 10 to 11 December. State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ acted as the Conference’s organizer.

Welcoming addresses to the Conference’s participants were given by Russian Deputy Vice Prime Minister Arkady Dvorkovich, Vnesheconombank Deputy Chairman – Member of the Board Mikhai Kopeikin and Detector of the UN Information Center in Moscow Alexandr Gorelik.

Speaking before specialists Mikhail Kopeikin said, “At present, the Bank is taking an active part in preparing a Draft Concept for Developing Russia’s Non-Financial Reporting being developed by the Russian Economic Ministry. This Concept is designed to help to increase institutions’ responsibility for social and ecological effects of their activities as well as achieve greater transparency and information openness”.

He also added that in 2013 Vnesheconombank was the first among financing institutions in the former Soviet Union to join the Financial Initiative of the UN Environment Program (UNEP). Almost at the same time the Bank developed and approved its own Responsible Financing Policy – a document setting forth main goals, principles and lines of practical activity in assisting sustainable development.

This year the Conference was devoted to large-scale changes in sustainable development and corporate social responsibility in Russia and the world. The Conference’s agenda included issues of formulating new humankind development goals being developed by the UN in exchange for the current Millennium Development Goals. The Conference’s participants gave to priority to examining the role of “green” finances in securing ecological well-being and efficiency of state and market mechanisms for encouraging corporate social responsibility. Experts also discussed Russia’s and Russian business’ contribution to developing the sustainable development concept.

More than 300 executives of government authorities, representatives of the business community and high-ranking experts participated in the Conference.

The Conference was held with the assistance of the Russian Foreign Ministry, the Russian Union of Industrialists and Entrepreneurs, the International Finance Corporation (IFC), Ey Company, the Financial Initiative of the UN Environment Program (UNEP) and the UN Global Compact Network in Russia, the Chamber of Commerce and Industry of the Russian Federation and the magazine ‘Sustainable Development”.

 

Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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Representatives of Vnesheconombank’s Management were Awarded the Foreign Ministry’s Badge ‘For contribution to International Cooperation’

11 december 2013 года
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A ceremony to award the Foreign Ministry’s Badge ‘For Contribution to International Cooperation’ to Vnesheconombank Deputy Chairman - Member of the Board Alexandr Ivanov, Vnesheconombank Deputy Chairman – Member of the Board Mikhail kpeikin and Director of Vnesheconombank’s Export Financing Department Daniil Algulyan was held at the Foreign Ministry.

First Russian Deputy Foreign Minister Vladimir Titov presented the awards.

In accordance with the order of Russian Foreign Minister Sergei Lavrov dated June 26, 2013 representatives of Vnesheconombank received the award for their contribution to establishing and enhancing a Pilot Financial Initiative of the Council of the Baltic Sea States as part of Russia’s Presidency in this institution in 2012-2013.

The Pilot Financial Initiative of the Council of the Baltic Sea States is a mechanism for funding projects aimed at sustainable economic development and cooperation, sharing scientific and technical expertise as well as at boosting the Council member states’ investments efficiency and implementing sub-regional programs.

Vnesheconombank regards the Pilot Financial Initiative as a form of foreign economic activity designed to create favorable conditions for implementing the Strategy of the North-Western Federal District’s Socio-Economic Development for a Period of up to 2020. The Strategy was approved by the Government of the Russian Federation.

The Council of the Baltic Sea States (CBSS) was established in 1992 in Copenhagen as an informal regional political forum, which main aim is to promote integration process and to affiliate close contacts between the countries of the region. The members of CBSS are Denmark, Estonia, Finland, Germany, Iceland, Latvia, Lithuania, Norway, Poland, Russia, Sweden and European Commission.

 

Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru

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