The Report on Social Investments in Russia 2008: Integrating CSR Principles Into Corporate Strategy

Published: Moscow: The Russian Managers Association, 2008The second release of the Report on Social Investments in Russia is presented herewith. Its main focus is to analyse the current state of corporate social responsibility and social investment trends in 2004-2008. The report provides an overview of the approaches to corporate social investments as an element of effective corporate strategy aimed at the long-term sustainable development of a company. By using the social investment index of Russian business, calculated in the same way as in 2004, the dynamics of social investment flows of Russian companies were tracked by industry and investment type, and future developments have been forecast. The report is based on the findings of quantitative survey on corporate social responsibility carried out by the Russian Managers Association as well as on data provided specially by Russian companies. Expert assessments and material from topical events organised by the Russian Managers Association were also used. The report is aimed at both Russian and international audiences: business community leaders, government officials, representatives of international agencies and civil society organisations.The Report on Social Investments in Russia 2008 has been prepared by the Russian Managers Association as part of the UN Development Programme's Global Compact promotion project together with the St. Petersburg State University's Graduate School of Management and with the support of the Strategic Programme Fund of the British Embassy. The report has been compiled by Russian and international experts. The authors' opinions do not necessarily reflect the views of the UN system and institutions, where they are employed