OREANDA-NEWS. June 28, 2011. On June 27, 2011 a visiting meeting of representatives from the Committee on Corporate Social Responsibility of the Russian Union of Industrialists and Entrepreneurs, Moscow School of Management SKOLKOVO and RTS Stock Exchange took place.

As a result of the meeting RTS and SKOLKOVO have started working on a joint project for establishing and calculating the first Russian Sustainability Index.

The Index constituents list will include shares of Russian issuers traded on the organized stock market and selected on the basis of regularly published corporate and social responsibility reports (CSR).

According to the global practice CSR reporting allows companies to release information on their issues in the area of economy, environmental impact and social service. By publishing non-financial reports a company stresses the importance of its relationships with employees, customers, investors and local community and establishes that such relationships are a key to  successful sustainable growth by the company.

Two large-scale tasks face the project participants. The first task is the development of criteria for selection of securities to be included in the calculation of the Index. To solve this task best world practices and expert opinions will be used.  The second task is the development and promotion of sustainable growth idea as an important and integral part of companies daily activities.

Final results of the project will be presented in a month.

RTS Group is an integrated trading and settlement complex providing the full range of qualitative and reliable exchange services. The Group consists of OJSC "Russian Trading System" Stock Exchange,  RTS Clearing Center, RTS Settlement Chamber, CJSC "Depository Clearing Company, RTS Tender. The Group includes also subsidiaries such as the Ukrainian Exchange, Eurasian Trade System Commodity Exchange JSC in Kazakhstan and  RTS Exchange Europe Ltd in London.

RTS provides a wide range of opportunities to both Russian and foreign investors, professional institutions and their clients for trading in shares, bonds, futures and options contracts on shares and bonds of Russian companies, RTS Index, RTS Standard Index, Federal loan bonds, oil, gasoil, gold, silver, platinum, palladium, copper and sugar.

OJSC RTS is an organizer of trading on FORTS, the derivatives market of RTS, being among the TOP-10 global derivatives exchanges, and on RTS Standard equities market with settlement on T+4 and partial advance depositing of assets.

Moscow School of Management SKOLKOVO is a joint project between members of the Russian and international business elites which has been started from first principles, as opposed to being built on existing Russian educational institutions. In providing practical knowledge, SKOLKOVO trains business leaders who will apply their professional skills in dynamically developing markets. The main features of the school are leadership and entrepreneurship, emphasis on rapidly developing markets and an innovative approach to training techniques.

The project of the Moscow School of Management SKOLKOVO is implemented on the basis of private and state partnership within the framework of priority national project "Obrazovanie". The project is funded exclusively by private investors and does not use state funds. The Chairman of the International Advisory Board of the Moscow School of Management SKOLKOVO is the President of the Russian Federation Dmitry Medvedev.

Since 2006 SKOLKOVO has carried out short-term open enrollment educational programs, Executive Education for top and mid-level managers as well as company-specific integrated programs. In January 2009 the first program Executive MBA and in September 2009 the first international program Full-time MBAs were launched.