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RusHydro

October 18, 2022

RusHydro’s National Corporate Governance Rating was confirmed

After an annual assessment, the national corporate governance rating of RusHydro was confirmed as level 8 - “Best corporate governance practices”. RusHydro has retained the status of a top-rated leading electric power company for over five years.

The national corporate governance rating is a corporate governance quality indicator allowing to compare the level of development of the company’s corporate governance and the risks related to it. The assessment is conducted annually by the Russian Institute of Directors (RID), Russia’s leading information and research, consulting and training center on corporate governance.

The experts monitored RusHydro’s corporate governance practices using the renewed RID methodology in the areas of shareholders’ rights protection, organizing the work of the management and control bodies, information disclosure, corporate social responsibility and sustainable development.

The RID report notes that the corporate governance practices of RusHydro are characterized by developed institutions aimed at protecting minority shareholders’ rights, well-balanced composition of the Board of Directors and its involvement in resolving strategic issues, and disclosure of material financial and non-financial information. The sustainable development and ESG practices, dividend policy and the work of the Board of Directors also received a positive evaluation.




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