The Development Corporation will cooperate with the federal operator in the field of industrial renovation

The Development Corporation of the Republic of Bashkortostan has concluded a cooperation agreement with the federal operator of the ESG project of industrial renovation, the Alexandrgrad Company. The relevant document was signed by the parties at the site of the international industrial exhibition "Innoprom-2023" in Yekaterinburg. The Alexandrgrad Brownfield Group of Companies implements various industrial renovation projects based on ESG principles in the Republic of Bashkortostan.

Our cooperation will be aimed at the implementation of industrial renovation projects based on ESG standards. This will make it possible to prepare new sites for further expansion of existing production facilities or redevelopment," said Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan.

Recall that ESG principles at enterprises imply a responsible attitude to the environment, high social responsibility and high quality of corporate governance. The policy is based on the basic approaches and principles in the field of sustainable development defined by international standards on ESG and sustainable development, legislative and ethical norms of the Russian Federation.