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In recent years, the international business community has made great progress in corporate social responsibility (CSR) through innovation and implementation of global sustainable development goals (SDGs). Russian companies are just getting their feet wet when it comes to CSR, first of all, as it relates to domestic projects. Yet, they gradually become more open and involved in addressing global challenges.
Many international companies have established a solid CSR track record and have been implementing relevant innovative global solutions.
Russian companies follow the global corporate social responsibility trends.
Unlike their peers elsewhere, Russian corporate donors are focussed on communities in their areas of operation.
Government authorities, and Russia is no exception, have become proactive in defining the standards and frameworks governing corporate social responsibility.
Incentives to promote corporate social responsibility are of great importance: