Supporting local communities

Our social investments focus on providing targeted support for children’s institutions, cultural and sports facilities, education and academic communities, and public health.

Every years, following the Agreement for Social and Economic Development of the Republic of Sakha (Yakutia), the Company transfers RUB 500 million to non-profit association the Target Fund for Future Generations of the Republic of Sakha (Yakutia) for the construction of educational, healthcare, cultural, and sports facilities in the region.

In 2014, the company allocated further 521 million Rubles to the Fund and extended further financing for a range of other republican social projects.

The Regional Development Program covers nine districts of the Republic of Sakha (Yakutia): Mirny, Verkhevilyuisk, Olenyok, Anabar, Suntar, Vilyuisk, Lensk, and Nyurba. All have mutual cooperation agreements with ALROSA up to 2021.

By providing financial assistance to the people of Western Yakutia, we help them maintain their agricultural base and traditional way of life. We also organize and sponsor charity events for the children of the uluses (local districts). In addition, the company provides employment for local residents, often at a higher income than they would otherwise enjoy. In all these ways, ALROSA Group makes a significant contribution to improving wellbeing and social stability across the entire diamond mining region.

In 2014, the amount of targeted investments in society amounted to RUB 492 million; the majority of these funds was provided to support local communities in the form of financial assistance for repair and construction of social infrastructure facilities.

Our Financial Support and Sponsorship programme aims to provide targeted financial support and sponsorship to socially important, non-profit projects. These are managed by a corporate collegial body, the Commission for Financial Support, Patronage and Sponsorship. The Commission reviews requests for help from individuals and community groups or other legal entities on a monthly basis.

Children

ALROSA offers corporate assistance to a wide range of children’s institutions. These include:

We also assist children’s schools and kindergartens in Mirny, Udachny, Aikhal, Syuldyukar, Taas-Yuryakh, Kempendyai, Zhigansk, Boulun. This includes providing the children with New Year gifts.

Other children’s projects:

Science and education

We contribute to the Endowment of the Skolkovo Institute of Science and Technology

We contribute to endowments and the endowment management funds of the North-Eastern, North Arctic and St. Petersburg Federal Universities

Culture, arts, and sports

Environmental protection, social infrastructure, non-profit associations and other projects

This page was last updated on 6 September 2013 at 14.20