Andrey Galaev, Chief Executive Officer of Sakhalin Energy participated in the UN Global Compact LEAD chaired by Ban Ki-moon, Secretary-General of the United Nations (UN). The event took place during the World Economic Forum in Davos.

Business representatives and other LEAD participants assessed the progress the initiative made during its first year and discussed plans and strategies going forward. The UN Secretary-General thanked the members of LEAD for promoting and adhering to their views and values on corporate sustainability.

An important item LEAD attendees talked about was how to prepare for Rio+20, a UN sustainable development conference to take place in that Brazilian city 20 to 22 June. The Rio conference is widely expected to set the global sustainable development agenda of main strategies and topic areas for decades to come.

Several LEAD members also voiced their intentions to step up their efforts to promote corporate sustainability in the runup to Rio+20: Acciona, China NTG Energies, Enel, Eni, and Sakhalin Energy.

The UN Global Compact set up LEAD to prompt businesses to adopt a range of social, environmental and governance best practices on sustainability, as well as to raise standards of corporate social responsibility.

LEAD comprises 56 companies from two dozen countries, including the USA, UK, China, Canada, and Germany. all companies that are well-recognized leaders in corporate social responsibility. Sakhalin Energy is the first and only Russian company the UN has chosen so far to join LEAD.

February 2012.

Other materials:

UN Secretary-General Launches New Platform for Corporate Sustainability Leadership

About Global Compact LEAD

Sakhalin Energy in cooperation with UN Global Compact