- Statement of the Chairman of the Management Board
- Federal Grid Company General Information
- Corporate Governance
- Internal Control System
- The Risk Management System
- Understanding of Corporate Social Responsibility and Sustainable Development
- Human Resources Management
- Managing of the Economic Impact
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Anti-corruption and Prevention of Conflict of Interests System
- JSC Federal Grid Company`s Anti-Corruption Policy
- Program for Prevention of Corruption and Settlement of Conflict of Interests in Federal Grid Company for 2012-2014
- Implementation of Anti-Corruption Policy and Program for Anti-corruption and Settlement of Conflict of Interests in Federal Grid Company in 2012
- 2013 Plans
- Environmental Impact Management
- Stakeholders Relations
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APPENDICES
- The UNEG Reliability Provisions
- Innovative Development of the UNEG
- GRI Guidelines Indicators (G 3.1 and the Industry Protocol for Electric Power Industry), Reflected in the Report
- A Report on the Fulfillment of the 2012 CSR Plans and Obligations of JSC FGC UES (Draft)
- A Table of Stakeholders’ Suggestions Pertaining to the Disclosure of Information in the Report, Voiced at the Dialogue on 05.04.2013 and at the Public Hearings on 26.04.2013
- A List of Natural Areas in Preferential Protection (NAPP) Accessible for JSC FGC UES for the Purposes of Operation
- Independent Assurance of Social Reporting
- Glossary and Abbreviations
Top Executives’ KPIs
Payments to the members of top executives are made on the basis of the approved organizational and administrative documents of the Company (are developed by the HR and Remuneration Committee of the Board of Directors) and imply that the top executives have met key performance indicators (KPIs).
In 2012, the following KPIs were applied (Annex ¹ 1 (extract) to the Minutes of the Board of Directors meeting (¹ 166 dated 28.06.2012):
Semi-annual KPIs:
- — relative number of restrictions on electricity transmission services (%);
- — no fatal accidents or group accidents, if there is a casualty that results in a serious injury to an individual;
- — financial stability indicator, i.e. the financial leverage ratio;
- — meeting schedules for funding and developing the investment program with progressive totals up from the beginning of the year (in %).
Annual KPIs:
- — cost reduction for the acquisition of goods (work, services) per unit of output of not less than 10% per year within three years in real terms;
- — EBITDA, RUR million;
- — efficient implementation of the Cost Management Program (CMP),%;
- — No major emergencies;
- — electric energy losses in the grid used by Federal Grid Company to provide electricity transmission services (in %);
- — meeting schedules bringing on line power facilities and implementing plans for financing and development (in %).
The approved target semi-annual and annual KPIs for the Company’s top executives in 2012 have been achieved in full.
square km