Stakeholder Engagement |
A process, which helps the Company to understand stakeholder interests, expectations and concerns,
to engage stakeholders in the Company activities and the decision-making process, taking into
account their concerns. |
Stakeholder Dialogue |
An interactive communication between the Company and its stakeholders, performed on a voluntary
basis, so that the interests and motives of the parties involved are updated. |
Uniform Energy System of
Russia (UES of Russia) |
A complex of production facilities and other property items of the electric power industry
interconnected by a unified production process, including the combined generation of electric and
thermal power, and electricity transmission under the centralised operational dispatch control. |
Uniform National (All-
Russia) Electric Grid (UNEG) |
A major part of the UES of Russia, a complex of electric grids and other grid facilities that ensure
a sustainable electricity supply to consumers, the wholesale electricity market performance, and
a parallel operation of the UES of Russia and the electric power systems of other countries. |
Stakeholder |
In a broad sense, is a group of individuals and legal entities that can affect or be affected by the
Company’s activities. In a strict sense, stakeholders are public and local authorities, commercial
entities, public and non-profit organisations, whose attitudes and actions towards the Company are
of public nature and focused on the protection of socially significant and group interests. |
Key Performance Indicator
(KPI) |
An integrated performance indicator of the Company, a structural unit or a certain official that reflects
the achievement of the target for the relevant target period. |
Company |
Public Joint Stock Company “Federal Grid Company of Unified Energy System”, PJSC FGC UES |
Sustainability context |
The Company’s understanding of the sustainable development, its characteristics and goals at
the industry, local, regional and/or global level, the degree of the Company’s impact within the
corresponding geographic context, as well as the influence of the main sustainability issues on the
Company’s long-term strategy, risks and opportunities. |
Corporate social
responsibility, CSR |
A regularly updated set of commitments that corresponds to the Company’s specifics and the
development level and is developed voluntarily with the participation of key stakeholders, and is
aimed at implementing the internal and external social programmes that contribute to the Company’s
development (increase in output, improvement in service quality, development of corporate brand),
improving its image, as well as extending the constructive stakeholder relations. |
Reliability of power supply |
An uninterrupted electricity supply to all consumers as needed and of proper quality. |
Autumn-winter period |
A period of maximum consumption of electricity and thermal energy at low outside temperatures. |
Power supply reliability
control |
A set of management activities and mechanisms aimed to orginise, control and improve the
operation processes, operational control, repairs and renovation of the UNEG facilities, and to train
employees in the above areas of the Company activities. |
Sustainable development |
Such a development, which meets the needs of the present without compromising the needs of
future generations. |