HORIZON CF LLC becomes an ESG Assistance Partner of the Climate Governance Initiative, Russia (CGI Russia).

The goal of the partnership agreement between Horizon CF LLC and CGI Russia is to jointly promote the climate agenda among board members of Russian companies and create the necessary tools to address the challenges of climate transformation in business strategy. One of the main cooperation areas will be ESG assistance for Russian companies and the implementation of the best international practices for introducing the climate agenda into corporate governance.

Horizon CF LLC specializes in advising public Russian companies on corporate finance, corporate governance, investor relations and sustainable development. The company has 25 years of experience in cooperation with major Russian and international financial institutions, as well as key Russian emitents.

An important role in the collaboration between Horizon CF and CGI Russia will be the preparation of analytics on ESG topics, including comprehensive studies involving large Russian companies in various industries. In October 2021, Horizon CF assisted CGI Russia in conducting a study entitled “Climate Agenda in Russian Metals and Mining Companies: Management System, Strategy and Risks”.

Olga Pascault, Founder and Chairman of the Board, CGI Russia, commented on the new partnership: “ESG assistance is an integral part of the consulting services in modern business realities and Horizon, being one of the leaders in this area, will help us improve the quality of the expertise provided by CGI Russia to its members for the implementation of the climate strategy ”.

Maria Novokreschenova, Deputy General Director of Horizon CF LLC: “For Horizon, as an ESG consultant for the largest energy and mining companies in Russia, the climate agenda is one of the key aspects in the sustainable development concept. In our work, we try not only to increase the level and scale of information disclosure by Russian corporations, but also to convince companies to implement low-carbon technologies and programs to reduce GHG emissions. Over the past 5-7 years, we have seen a radical change in priorities – key international investors have gone from ignoring climate issues to including climate indicators in the key indicators list when making investment decisions and creating appropriate internal analytical departments.

Horizon CF partners with CGI Russia to expand the climate agenda on the board and management level, building on our 25 years of experience. We hope that this partnership will allow more companies to solve the problem of reducing the negative impact on the planet’s climate”.

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