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FBK LLC Included in List of Verifiers Under Public Business Capital Standard

27 april 2026

A corresponding decision was made on 23 April 2026 by Autonomous Non-Profit Organisation ‘Social Capital’, which coordinates the verification system.

The Public Business Capital Standard was approved by Executive Order No. 2230 of the Government of the Russian Federation dated 30 December 2025, and is applied by organisations on a voluntary basis. The document defines key approaches to the preparation and disclosure of public non-financial reporting, which comprises systematised information on an entity's environmental, social, governance, and economic activities. It also establishes the procedure for verifying the alignment of a company's activities with the target values of the public business capital indicators.

‘The Public Business Capital Standard offers new opportunities to reflect the contribution of Russian companies to achieving the national development goals of the Russian Federation. We are confident that FBK's extensive experience in providing audit services in the field of sustainable development will be instrumental in improving the quality of the information disclosed,’ noted Vladimir Skobarev, Partner and Head of Corporate Governance and Sustainability Services at FBK.

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