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17.11.2020   15:53

Russian Railways becomes one of top three Russian leaders in sustainable development

Russian Railways was awarded third place in the annual ranking of Sustainable Development - ESG (Environmental, Social, Governance), which is compiled by the RAEX-Europe rating agency.

The strategic priorities of Russian Railways in the field of sustainable development are economic sustainability, environmental safety and social stability. In particular, the Company has been publishing relevant corporate social reports since 2006.

In addition, the concept of financing sustainable development projects at Russian Railways defines the categories of green projects to which funds from the placement of green bonds can be allocated. Such projects include the purchase of electric locomotives, rolling stock for passenger transportation and the construction of electrified railway lines.

The Company has already reported on the use of funds received from the placement of the first issue of green bonds in 2020. The report has been officially published on the Company’s website. The funds were used to refinance the purchase of Lastochka passenger electric trains and to reduce CO2 emissions.