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Regular version of the site

Seminar “Current Responsible Business Ratings in Russia and China”

Responsible business conduct is an important part of the global sustainable development agenda. In the context of sanctions, a trend has emerged towards a more nationally driven approach to sustainable development goals. Russia and China are the BRICS leaders in developing national standards and ratings for responsible business conduct.

During the seminar, speakers and experts discussed the following issues:

  1. What are the specific features of responsible business in Russia?
  2. What are the specific features of responsible business in China?
  3. How can best practices in the development of responsible business in Russia and China be integrated into BRICS cooperation projects?

The seminar was moderated by Natalia Vukovic, PhD in Economics, Academic Director of the Laboratory of Responsible Business, Centre for Basic Research, and Associate Professor at the Department of World Economy, Faculty of World Economy and International Affairs, HSE University.

A presentation on the specific features of responsible business ratings in China was delivered by Veronika Smirnova, PhD in Political Science, Head of the Asia-Pacific Section at the Centre for Comprehensive European and International Studies (CCEIS), Faculty of World Economy and International Affairs, and Junior Research Fellow at the Laboratory of Responsible Business, Centre for Basic Research, HSE University.

Invited experts took part in the academic discussion:

  • Vasily Kashin, PhD in Political Science, Head of the Centre for Comprehensive European and International Studies (CCEIS), Faculty of World Economy and International Affairs, HSE University.
  • Oleg Krivokhizhin, Head of the Laboratory of Responsible Business, Centre for Basic Research, HSE University.
  • Olga Biryukova, PhD in Economics, Associate Professor, Senior Research Fellow at the Centre for Comprehensive European and International Studies (CCEIS), Faculty of World Economy and International Affairs, and Senior Research Fellow at the Laboratory of Responsible Business, Centre for Basic Research, HSE University.

Following the seminar, the speakers and experts concluded that the EPS Responsible Business Rating and China’s CSCS rating share many common features, while also reflecting national specificities in approaches to sustainable business development. The research teams plan to continue studying Chinese and Russian experience in sustainable business development.