Business Boom in Krasnodar Krai: A Pioneer for Social Responsibility
Implementation of public business capital standard in Krasnodar region
Hey there! Let's delve into a riveting tale of economic growth, social responsibility, and innovation. At the St. Petersburg International Economic Forum (SPIEF) 2025, Krasnodar Krai, a Southern Russian powerhouse, took center stage.
Governor Veniamin Kondratyev convened with ASI CEO Svetlana Chupshova and ANO "Public Capital" Director Asiyat Bagaturova to ponder ways to elevate the social responsibility of entrepreneurship. This dialogue was orchestrated via a directive from Russia's President, spearheading the development of the Standard of Business Public Capital—an ingenious tool for gauging and prodding businesses to assume greater social responsibility.
At the heart of the gathering, an agreement was inked among ASI, ANO "Public Capital", and fifteen Russian regions. Collectively, these federal subjects aspired to be the pioneers in implementing the Business Public Capital Standard on their respective territories. This mechanism serves as a yardstick for gauging and lauding businesses' engagement in country-wide development objectives.
Svetlana Chupshova, the brain behind ASI, revealed that the initiating regions would trailblaze the way, refining uniform and transparent systems for measuring non-financial company indicators. Consequently, such moves would catalyze investment appeal, amplify opportunities for state support, and shore up the international competitiveness of Russian firms.
No surprise! Krasnodar Krai donned a pilot's helmet, geared up for this groundbreaking project. The regional project would present guideposts for supporting companies and entrepreneurs, empowered with lucid development objectives.
Krasnodar Krai, a prominent leader in the Southern Russian business sphere, glows under the limelight due to its vibrant ecosystem of small and medium-sized businesses. Governor Veniamin Kondratyev publicly expressed his pleasure with this achievement but acknowledged his team's unrelenting pursuit for new avenues to revitalize entrepreneurial activity.
He emphasized the region's commitment to championing socially responsible businesses, praising those regional leaders who significantly contribute to national objectives and embrace sustainable development principles.
As the operator of the Standard, the ANO "Public Capital" works in tandem with the government, co-creating an agreement that assesses and supports businesses' contributions to humanitarian programs, employee care, and environmental protection. As a cherry on top, the Russian Federation Government Decree "On the Standard of Business Public Capital" gears up for a go-live, with finalized coordination. This decrees the right of federal executive authorities to devise supportive measures for organizations conformed to the Standard.
In the greater scope of things, the Business Public Capital Standard in Krasnodar Krai encourages a culture of social responsibility in entrepreneurship by means of weaving robust conditions and frameworks for business flourishing in sync with regional and national industrial and economic strategies.
Stay tuned for more updates on this thrilling tale of economic growth and social responsibility and let the journey towards strengthening Russian businesses and sustainable development unfold!
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(Note: TheBusiness Public Capital Standard is part of a wider industrial and economic strategy, fostering a framework for businesses to flourish while pursuing sustainable growth, social responsibility, and regional development objectives.)
- The agreement inked between ASI, ANO "Public Capital", and fifteen Russian regions aims to implement the Business Public Capital Standard across their territories, which is an innovative tool for assessing businesses' social responsibility in areas such as humanitarian programs, employee care, and environmental protection.
- The vibrant ecosystem of small and medium-sized businesses in Krasnodar Krai, a prominent leader in the Southern Russian business sphere, is poised to benefit from the Business Public Capital Standard, as it advocates for a culture of social responsibility and encourages businesses to align their growth strategies with regional and national industrial and economic objectives.