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Council of the Eurasian Women’s Forum, Roscongress Foundation, Innosocium Foundation, and Donors Forum to Hold Online Session ‘Women Leaders on Corporate Social Responsibility Priorities After Coronavirus’

16 June 2020
Совет Евразийского женского форума, Фонд Росконгресс, Фонд Инносоциум и Форум Доноров проведут онлайн-сессию «Женщины-лидеры о приоритетах корпоративной социальной ответственности после коронавируса»

An online business session will be held at 12:00 on 19 June with Russian women leaders on what corporate social responsibility and social investments by business will look like after restrictions are lifted and the world recovers from the COVID-19 pandemic.

The event is being organized by the Council of the Eurasian Women’s Forum (Federation Council Federation Council of the Federal Assembly of the Russian Federation), the Roscongress Foundation, the Innosocium Foundation — the social platform of the Roscongress Foundation, and the Donors Forum.

During the COVID-19 pandemic, most major companies and corporate foundations have been focusing on medical, social, and volunteer institutions that need financial and targeted assistance. According to a survey conducted by the Donors Forum, as of April, a third of companies and foundations planned to maintain their current level of charitable and social support, while 23% planned to increase it. The active involvement of business has also been recognized at the legislative level: amendments to Federal Law No. 172-FZ dated 8 June 2020 «On Amendments to Part 2 of the Tax Code of the Russian Federation» have taken effect as part of a package of measures adopted by the country’s leadership for social workers. Per the document, SMEs working in sectors that have been affected as well as socially oriented NPOs and recipients of the relevant subsidies and grants are exempted from paying taxes and insurance premiums that accrued in the second quarter of 2020. In addition, the funds that businesses donate to socially-oriented NPOs may be classified as non-operating expenses within 1% of revenue. Thus, the amount of the donations will not be factored into the calculation of taxes.

The charitable sector in Russia is traditionally regarded as female-dominated. Women not only support foundations with direct donations or volunteer assistance, but also largely create and develop infrastructure. To this end, the business session will be addressed by women, each of whom is a leader in her respective field.

The key issues that will be addressed at the session include:

  • What changes will be made to the volume and priorities of support for socially responsible businesses as a result of legislative amendments after quarantine ends entirely?
  • What sectors will need additional assistance? How has the crisis impacted education and what solutions can business offer today?
  • How do women leaders see corporate CSR strategies developing in the post-coronavirus world?
  • What social and charitable anti-crisis projects have been successfully implemented and which ones are still not sufficient?

Business session speakers:

  • Galina Karelova, Deputy Speaker, Federation Council Federation Council of the Federal Assembly of the Russian Federation, Chairwoman, Council for the Development of Social Innovations of the Constituent Entities of the Russian Federation under the Federation Council of the Federal Assembly of the Russian Federation
  • Elena Marinina, Deputy CEO, Director for the Socio-Economic Agenda, Roscongress Foundation; Director, Innosocium Foundation
  • Aleksandra Boldyreva, Executive Director, Donors Forum Association
  • Fatima Mukhomejan, Executive Director, ‘Art, Science and Sports’ Charitable Foundation
  • Anna Soshinskaya, President, Responsible for the Future Charitable Foundation, Amway Russia
  • Marina Rakova, Vice President, Sberbank
  • Alexandra Glazkova, Vice President, Biocad

The session will be broadcast on the Roscongress Foundation’s YouTube channel and on the Roscongress Foundation’s official Facebook page.