Social reporting
According to a signed United Nations Global Compact in Ukraine, which is a voluntary initiative of socially responsible companies, information on corporate social responsibility is regularly provided in the form of a Social Statement.
Obolon understands the concept of ‘sustainable development’ not only as stable development of the corporation itself, but also of the environment it operates in. That is to say, Obolon recognizes its responsibility to employees and shareholders, as well as to communities.
2009
At the end of July 2010, the Obolon Corporation issued its second Social Report. The document reflects the progress with respect to responsible conduct of business and sustainable development in 2009. This report draws on the best practice of systematically raising stakeholders’ awareness of activities in the area of corporate social responsibility.
The new Social Report of the Obolon Corporation is designed to show its consistent performance in implementing the principles of corporate social activity. The Social Report is executed in compliance with generally accepted GRI v.3 international accounting standards and meets the high ‘B’ rating. It should also be noted that Obolon has been actively participating in the UN Global Compact for three years now, and in accordance with requirements of this organization and the principles of corporate governance, is committed to regular accounting to the general public about its social activity.
The document pays special attention to matters of responsibility for a product at all stages of its lifecycle. The social report shows that Obolon is committed to principles of responsibility for a product starting from procurements to production and marketing and all the way down to package waste recycling. In 2009 Obolon also started a publicity and education program to foster a beer consumption culture in Ukraine. In addition, the Social Report contains the results of operations in 2009,which was marked by crisis developments.
APLICATIONS:
2009 Social Report of the Obolon Corporation (UKR)
2009 Social Report of the Obolon Corporation (ENG)
2007-2008
Social Report of Obolon Corporation: Sustainable Development in 2007-2008
Obolon’s first Social Statement, which is also the first among companies in the beer industry in Ukraine, meets the highest global standards of social reporting. The Social Statement fulfils an important information function, namely, it publicly confirms Obolon’s practice of social policy and increases the loyalty of employees, consumers, and public and business partners. Moreover, the Social Statement serves as evidence of the introduction of generally accepted standards of corporate governance.
This Social Statement is prepared on the basis of the Sustainability Reporting Guidelines of the Global Reporting Initiative (Global Reporting Initiative, GRI, v.3). These recommendations are the most widespread instrument among global companies for report standardization and evaluation. Obolon’s Social Statement complies with level B assessment (according to GRI v.3 methodology).
The Obolon’s Social Report contains all the essential data characterizing its activities in 2007 and 2008. Social reporting enables the Corporation to improve management processes, increase the effectiveness of social activities, enhance communications and take into consideration the needs and expectations of stakeholders. That is why there is an obligation to provide regular information on social activities (reports on sustainable development and advancement), extend their informational content and improve the structure.
Obolon’s first statement develops in particular detail such important subjects as health and safety, quality management, environmental safety of production, utilization of resources, social investments and others. Specialists of more than 15 departments participated in filling the statement with the required information. The Chairman of the Board acted as coordinator of the Social Statement Working Group, while the Public Relations Department compiled the information and carried out other tasks.
APLICATIONS:
Social Report of Obolon for 2007-2008 (Ukr)
Social Report of Obolon for 2007-2008 (Eng)
Progress report of UN Global Compact 2008
The feedback questionnaire
