O1 Properties, one of the largest owners of class-A office real estate in Moscow, entered the Forbes magazine rating, “Best Employers in Russia”.
This year’s Rating not only assessed HR practices of companies, but also considered ESG factors, i.e., commitment of companies to sustainable development principles. Companies were assessed under three headings: “Employees and Society”, “Environment” and “Corporate Governance”. The first heading considered eight metrics: “Salary”, “Training”, “Social package”, “Staff turnover”, “Injuries”, “Job creation”, “Charity and infrastructure development” and “Systemic measures”. The second heading includes five metrics: “Negative impacts and penalties”, “Resource use”, “Expenditure on environmental protection”, “Environment policy” and “Climate policy”. Metrics under the third heading were: “Number of independent directors on the board of directors”, “Gender diversity”, “Compliance”, “Supervisory environment”, and “Transparency”. Based on evaluations for each heading the jury rated each company as Platinum, Gold, Silver or Bronze.
O1 Properties received Gold for “Employees and Society” and for “Corporate Governance”, and Silver for “Environment”.
O1 Properties believes that adherence to sustainable development principles is crucial for the Company’s long-term success. The Company has various measures in place to support the professional and personal development of its employees, including a high-quality social package, a sports program and arrangements to encourage healthy lifestyles. O1 Properties takes an integrated approach to environmental performance in management of its real estate portfolio and is the largest owner of BREEAM-certified office property in Russia. The Company has been a member of the UN Global Compact since 2019 and publishes a Sustainability Report. O1 Properties works to promote the principles of sustainable development inside the Company and among its partners.