PJSC LSR Group became the first Russian developer to establish a Sustainable Development Committee of the Board of Directors. Its main priorities envision monitoring compliance with the ESG principles and strengthening company’s position with regards to sustainable development to increase shareholder value in the long-term.

- In the modern world the sustainable development has become an important part of the strategies of leading companies across all sectors, - said Dmitry Gontcharov, Chairman of the Board of Directors of LSR Group. - We understand that company’s compliance with the ESG principles is one of the fundamental guidelines for its business activities. Therefore, we expect the actions of the new Committee to allow the company to manage non-financial risks even more effectively, and build a clear and responsible approach in tackling all issues relating to sustainable development.

The establishment of the Committee at the Board of Directors level is in line with the best international corporate governance practice. Igor Levit, the First Deputy CEO and the member of the Board of Directors, has become the Chairman of this Committee and will be coordinating all ESG related work, both at level of the Board of Directors and the Executive Committee. The new Committee, will also be charged with defining the strategic goals with regards to sustainable development.

For more information please contact:  

Investor Relations

Igor Tsoy 
Director of Investor Relations
E-mail: IR@lsrgroup.ru 

 Media Relations

LSR Group Press Service
E-mail: press@lsrgroup.ru