OREANDA-NEWS. SCM Group has announced its corporate social responsibility performance for January-September 2014 consolidated as part of preparation of the Group's non-financial reporting.

The Group's businesses paid UAH 24.84bn in taxes and levies to local and national budgets (including the Pension Fund).

Investments in modernisation made UAH 11.8bn.

The size of accrued salary amounted to UAH 15.53bn.

Average salary paid by the Group's businesses made UAH 5,794.

Social programmes accounted for UAH 4.61bn.

“I believe SCM Group has proved that it can overcome the hardest challenges and stay true to the core fundamental principles that Rinat Akhmetov set to SCM in 2000: transparency, social responsibility, effective corporate governance, a strong team and fair payment of taxes. We understand that we have new challenges ahead of us and we are ready for them,” commented SCM's Director of Public Relations and Communications Natalia Yemchenko.

System Capital Management (SCM) is a professional investor, the management company of the biggest Ukrainian financial and industrial group focusing on mining and metals, energy and finance. The company also operates in other sectors including telecommunications, media, real estate, grocery retail, clay production, petroleum products retail, agriculture, heavy engineering and transportation.

SCM Group includes Metinvest Holding, DTEK, First Ukrainian International Bank, Renaissance Capital Bank, ASKA and ASKA-Life insurance companies, Vega Telecommunications Group, Media Group Ukraine, Segodnya Multimedia publishing holding, ESTA Holding (real estate), Ukrainskiy Retail (grocery retail), UMG (clay production), Parallel (petroleum products retail), HarvEast (agriculture), Corum Group (heavy engineering), Portinvest transportation holding and others.