Non-commercial partnership 'Russian Institute of Directors' assessed the corporate governance practices of OJSC 'rosseti' on the methodology of the National corporate governance rating (NRKU).

The evaluation was conducted in four components: shareholders ' rights, activity of management bodies and control, information disclosure, corporate social responsibility and sustainable development. As a result, JSC 'rosseti' is rated at 7++ 'Developed corporate governance practice'.

This shows that the company complies with the requirements of the Russian legislation is characterized by a high level of corporate governance and low risk of losses of owners related to quality management, in particular, should a significant number of recommendations of the Russian corporate governance Code. Reference: national rating of corporate governance - an indicator of the quality of corporate governance, allowing us to relate the level of development of corporate governance and related risks in different companies; is a tool for the evaluation and improvement of corporate governance practices in the company and improve its relationships with stakeholders.

IDGC of Center and Volga Region JSC published this content on 26 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 January 2017 12:48:06 UTC.

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