Title pageConclusion on the Public / Stakeholders’ Assurance of the Report
GRI:

Conclusion on the Public / Stakeholders’ Assurance of the Report

Introduction

The Engineering Division of Rosatom provided us with an opportunity to assess the Annual Report for 2018 (hereinafter referred to as the Report) including the completeness and materiality of the information provided therein and the Company’s response to stakeholders’ requests. For this purpose our representatives were given an opportunity to participate in public consultations on the draft Report which took place on 23.04.2019 and in two dialogues with stakeholders:

  • dialogue for identification of material subjects to be reflected in the Report on 07.11.2018;
  • dialogue on priority topics of the Report on 26.02.2019.

Report Assessment Procedure

Our conclusion is based on a comparative analysis of two versions of the Report (draft Report for public consultations and the final version of the Report) and the materials provided to us upon the results of the dialogues and consultations with stakeholders (protocols of the events, tables of comments of the stakeholders taken into account) and on the comments received from the management and the employees of the Engineering Division in the course of events related to the public assurance of the Report.

Checking of the system of information collection and information analysis as well as the reliability of the actual and forecasted data provided in the Report was beyond the tasks of the public assurance.

All participants of the public assurance had every opportunity to openly express their opinions. We have not received any remuneration from the Company for participation in the public assurance procedure.

Assessments, comments and recommendations

We are unanimous in a positive assessment of the Report — its format and the scope of information provided. The integrated character of the Report made it possible to fully disclose the reporting information about the results of the main activities of the Company, its effective performance in the field of sustainable development, strategy and plans for the future.

The Report was prepared under a broad framework: it includes reporting information of all the key companies of the Division (JSC ASE EC, JSC ASE, JSC “Atomenergoproekt” and JSC ATOMPROEKT) and a number of subsidiary companies in its scope of management.

The Engineering Division is involved in activities in many countries worldwide. That’s why it is of extreme importance for the Company to prepare reports using international standards, use digital means of communication and be maximally transparent, also for representatives of its foreign stakeholders.

The report was prepared in accordance with the International <IR> Framework, AA1000 series of standards (Institute of Social and Ethical AccountAbility), Global Reporting Initiative sustainability reporting standards (GRI SRS, Comprehensive option ).

In 2019, the Company continued the practice of dialogues with the stakeholders at construction sites and in design institutes. All the public consultations were held in St. Petersburg design institute; JSC ASE EC Moscow Branch participated via video-conference. The selection of the institute was not a random choice. The Engineering Division transformation envisages the integration of the design institutes. We recommend continuing the practice of dialogues and public consultations in the Company’s organizations; we believe it is very efficient.

We believe that the selection of priority topics for the report was correct. We recommend disclosing in detail the subject of transformation and digitalization of the Division in future reports.

The Report showed commitment to sustainable development goals up to 2030 approved by the United Nations Organization (UN) and demonstrated the contribution of the Engineering Division into the achievement of these goals. We recommend justifying the selection of sustainable development goals, a more detailed explanation of connection between the strategic goals of the Division with the UN goals.

We point out with satisfaction that the Engineering Division, being one of the leaders of corporate reporting, continues to seek the most efficient and useful types of reports for its stakeholders. We hope to see the analysis of this pilot project in the next Report and the Company’s decision to continue this practice.

We express the hope that resolving the goals of transformation of the Engineering Division into a digital company in the nearest future the Company will make its contribution to digitalization of reporting processes and relations with the stakeholders.

Materiality and Completeness of Information

We believe that the Engineering Division has considered the requirements of international standards for determination of materiality. To define material issues, Rapid Foresight technology was used for the third time. It allowed the top-management of the company and representatives of the stakeholders to implement, within a short time (at one event), a full cycle of works to develop the materiality matrix.

The selected material issues were comparable with the issues of GRI SRS. Information on material issues provided in the report is sufficiently complete. All important information on high-priority topics of the Report — “Transformation of the Engineering Division of Rosatom State Corporation into a digital company” and “Personnel Training and Development under digital transition conditions” is disclosed.

In our opinion, the Division strictly follows the principles of materiality and conciseness of the reporting information which has a positive effect on the scope of the Report and the significance of the reported information.

Response to stakeholders’ requests

During the preparation of the report, the Company demonstrated readiness for an open discussion with the stakeholders on various fields of its activities. Most of recommendations to the Draft Report were taken into account, or the Company undertook the obligation to consider them in its future reporting cycles. The Report also contains information about the fulfillment of the obligations undertaken by the company in the previous reporting cycles which sets a good example for other companies.

The policy of dialogues pursued by the Company is a good example of improving the level of transparency of the company both in public reporting and on the whole for enhancing the public acceptance of nuclear technologies development.

We hope that the Engineering Division will continue pursuing the policy of information transparency in all the important public issues of the fields of the Company’s activities and that it will improve the mechanisms of public reporting every year.

A.I. Ageev
Director General of Institute for Economic Strategies of Russian Academy of Sciences
P.A. Belousov
Director of Internet-School of CIS and working group for personnel training for CIS-member states in Council for Cooperation in the Field of Use of Atomic Energy for Peaceful Purposes in the CIS Integration Committee
Y.A. Gileva
Editor-in-Chief, “Strana Rosatom” newspaper
M.G. Ganchenkova
Director of Higher Engineering School NRNU MEPhI (HES MEPhI)
N.G. Davydova
Director of Ecological Projects Consulting Institute, Head of international ecological projects, member of Rosatom State Corporation Public Council
E.V. Kochergina
Chairman of JSC ASE EC Trade Union Committee
S.Y. Nakvasin
Director for Research Competence and Technical Capacities Development, Autonomous Non-commercial Organization “Data Economy”
D.I. Pokrovsk
Deputy Director for Ecology, Institute of Ecology
A.V. Putilov
Dean of Department of Business-Informatics and Integrated Systems Management, National Research Nuclear University MEPHI
S.S. Golovachev
Adviser of Communications Department, member of Sustainable Development Expert Council
A.V. Timonov
Director of Communications Department JSC “Rosenergoatom”