Sustainability Report 2024

Anti-Corruption and Ethics

2024 Key Fact

No cases of corruption or fraud were recorded

Material Topic

Ensuring fair, impartial, and transparent operations in accordance with legal requirements

UN SDG

Icons

Target group

Responsible business

Key aspect

Business Ethics

GRI 3-3, 2-23, 2-24, 2-25, 2-26, 2-27, 205-2, 205-3, SV-PS-510a.1, MED 41, MED 42, MED 43


SV-PS-510a.1, МЭР 41, МЭР 42, МЭР 43

Expert RA has been using an approved Code of Professional Ethics since 2019.


The Code of Professional Ethics sets out Expert RA’s basic operating principles and rules intended to maintain Expert RA’s objectivity and independence. The Code was developed in keeping with the current laws of the Russian Federation and is based on the best examples of international CRA practice and the most relevant IOSCO Code of Conduct Fundamentals for CRAs.

The Internal Control and Risk Analysis Service is a business unit responsible for ensuring that Expert RA and its employees act in accordance with the Code of Professional Ethics, the applicable laws and regulations and for receiving and processing reports of violation.

All the staff are familiar with the Code of Professional Ethics, comply with professional ethical standards and internal procedures aimed at ensuring the quality and integrity of the rating process.

Pursuant to the Federal Law No. 273-FZ dated 25 December 2008 On Combating Corruption, Expert RA carries on an anti-corruption policy and implements a system of measures to limit conflicts of interest when carrying out its rating actions.

Expert RA undertakes to eliminate any negative consequences of actions which it has taken or has contributed to. This undertaking includes the investigation of grievances communicated through corporate mechanisms and other processes.

Wrongdoings of a corruption nature, conflicts of interest and other ethical violations can be reported to the ICRAS by email at compliance@raexpert.ru or by phone: +7 (495) 225-34-44 (ext. 1645).