PhosAgro Tops RAEX’s ESG Ranking of Russian Companies

Sample article from our Agriculture Industry

MOSCOW , July 6, 2023 (press release) –

PhosAgro was named the leader in a rating – compiled by the independent agency RAEX – of Russian companies with the best corporate ESG practices.

Compiled since 2018 on the basis of a comprehensive analysis of the quality of corporate management of ESG risks and opportunities, the rating currently provides information on about 160 companies. Group A, the leading group, includes the 15 companies that demonstrated the best performance in the areas of the environment, social relations and corporate governance.

PhosAgro not only topped the overall business rating in terms of the final ESG assessment but was also the leader in the categories of social policy impact and quality of corporate governance. The Company, along with NLMK Group and Polyus, was given a final ESG rating of AA.

RAEX CEO Dmitry Grishankov congratulated PhosAgro for its impressive achievements: «PhosAgro received more than 80 out of a possible 100 points based on the sustainability findings, thus making it the July leader in our monthly ESG ranking. It is particularly worth noting corporate governance, where PhosAgro received the highest score».

PhosAgro CEO Mikhail Rybnikov thanked RAEX’s experts for their extensive work in assessing corporate practices: «PhosAgro’s achievement of the leading position in the ESG ranking confirms the Company’s commitment to sustainabilty principles and indicates the successful incorporation of ESG criteria into our long-term development strategy. Over the course of many years, PhosAgro has been systematically incorporating the best available technologies; increasing funding for social and charitable programmes; carrying out comprehensive initiatives in the areas of climate, resource conservation and energy efficiency; adhering to high corporate governance standards; and paying special attention to health and safety issues as well as disclosure in the interests of all stakeholders».

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order agriculture industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.