Corporate Governance Rating
Sistema Assigned National Corporate Governance Rating
The Russian Institute of Directors (RID) has reassessed corporate governance practices of Sistema PJSFC in accordance with the updated methodology of the National Corporate Governance Rating (NCGR®). Sistema scored 8 on the NCGR scale, which corresponds to «Advanced corporate governance practice».
Its corporate governance was assessed by four criteria, identifying both strengths and focus areas for further improvement:
- shareholders' rights,
- activities of the governance and control bodies,
- disclosure of information,
- corporate social responsibility and sustainable development.