"Help others in order to help yourself" F.W. Raiffeisen
ZAO Raiffeisenbank, along with the entire Raiffeisen Group, has always paid a great deal of attention to Corporate Responsibility programmes. Raiffeisenbank is more than just a major financial institution. It is also a team of more than 9,000 highly qualified professionals. The bank’s corporate responsibility arises from team members’ sense of citizenship and from each employee’s inherent desire to be a part of sustainable development in the community. Here are the principles that reflect the core values of Raiffeisenbank’s team.
Raiffeisenbank’s responsibility to the community is reflected in following fundamental business principles:
Openness and transparency in relations with partners, customers, employees and authorities are the top priority for ZAO Raiffeisenbank. The bank’s disclosure of information about operations makes it possible to fairly assess risk and make decisions on long-term investment and partnership. The Bank strictly complies with the requirements of Russian law, and pays its taxes on time and in full.
Responsible Employer’s Status
ZAO Raiffeisenbank is a responsible employer with more than 9,000 employees, provides them with good working conditions and offers a competitive benefits and compensation package. The bank has developed and constantly updates personnel training and advancement programmes. Being committed to enhancing social protection for its employees, Raiffeisenbank maintains a corporate pension package.
ZAO Raiffeisenbank manages a wide-ranging philanthropic programme, both federally and locally.
Raiffeisenbank is advancing its charitable work along the following lines :
assistance to the disabled of all ages
In 2010, Russia celebrated the 65th anniversary of the victory in WWII, so a major priority this year was providing assistance to war veterans and the elderly.
assistance to the elderly, and to WWII participants and veterans
assistance to orphans, social services, and training for neglected children and assistance to children with chronic diseases
Methods of implementing the Bank’s philanthropic policy:
Response to incoming assistance requests from companies or individuals
The Bank carefully reviews all of the assistance requests we receive from external agencies (by facsimile, e-mail and ordinary mail). Assistance is provided only in given categories, based on accepted criteria.
The Helping Together! Programme
Raiffeisenbank places great emphasis on employee involvement in its charitable activities. Thanks to the Helping Together! Corporate programme, each employee is able to make his/her personal contribution to the common cause.
As part of the package, individual contributions are collected from bank employees. The bank then matches the total amount. An important part of getting a project into the Helping Together! programme is engagement on the part of bank employees, for example, as volunteers. If the donations are insufficient, the bank contributes the remaining amount needed.
Working in concert with charitable foundations and other non-for-profit companies
Eligibility criteria for organisations seeking our support:
possession of certificates/licenses/other documents that authorise an organisation to perform its functions within the Russian Federation
corporate operations must be transparent, and the organisation must have financial reports on hand and be ready to provide a detailed report on expenditures at any time
a solid reputation
Herbert Stepic Foundation
Presently, the bank is preparing to launch a project through the philanthropic foundation managed by Herbert Stepic, CEO at Raiffeisen Bank International. More details on the foundation’s operations are available at http://www.stepicceecharity.org/.
Engagement in Projects Aimed at Sustainable Development of the Whole of Society
The Bank’s sponsorship programme covers the three components:
Support to outstanding cultural initiatives
Support for Disabled Athletes and the development of corporate sports.
Project selection criteria:
A project’s fit within our categories (described below)
Highly professional preparation for the project
The project’s impact
Management and production quality
Possibility of participation in drafting the sponsorship package
Arts and Culture
In the area of arts and culture sponsorships, Raiffeisenbank sees its mission:
support for innovative initiatives in the the context of Russian culture;
support of innovative projects outside the cultural establishment/mainstream with strong organisation and significance for the development of culture and society.
This year our main partners and key projects in each category were chosen in advance; we are continuing to review new proposals and applications, selecting some of these in exceptional cases.
Our regional sponsorship policy requires projects to conform with our mission and categories, taking into account applications’ specific regional nature.
New music. Preference is given to musicians representing alternative trends in musical art including: baroque, jazz, and contemporary independent music. Among them, preference is given to those who are defining the current musical environments in Europe and Russia.
Theatre. Plays, opera and ballet, theatrical festivals. Preferred projects are those related to the development of local theatre or projects with a well-defined local component.
Fine arts. Innovative projects related to high-level graphic and media arts; projects related to Austrian arts.
Film. Project and festivals for full-scale, small-scale and animated films intended to acquaint Russian viewers with European and global cinematic trends; offering exchanges of experiences between Russian and foreign filmmakers.
We support programmes and projects intended to assist disabled athletes. In 2010, Raiffeisenbank is also providing broader assistance to corporate sports team development.