Ukraine’s Corporate Social Responsibility Center released its ranking of the transparency of CSR practices of leading Ukrainian companies last week. The top three scores were all from enterprises related to System Capital Management: SCM itself, energy wing DTEK and metallurgy holding Metinvest.
Top CSR transparency scores
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Company Score
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1 System Capital Management 73%
2 DTEK 66%
3 Metinvest 63%
4 ArcelorMittal Kryviy Rih 56%
5 Kyivstar 53%
6 Interpipe 43%
7 Galnaftogaz 39%
8 Dniprospetsstal 39%
9 Metro Cash & Carry 34%
10 MTS Ukraine 33%
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Note: More details can be found at www.csr-ukraine.org.
Source: CSR Center
Brad Wells: The high placement of SCM businesses is little surprise as CSR activities and reporting have been a group priority and their leadership in Ukraine is undisputed. The rest of the scores are pretty disappointing – the dropoff from the first score to the 10th alone is 40 percentage points – and 100 companies were rated in total, meaning the lion’s share of local companies did very poorly.