As a leading Russian real estate developer, PIK strives to adhere to the world’s best standards in the area of sustainability. PIK is fully aware of the impact its activities have on the society and the environment. There are many serious risks inherent in the construction industry, making it necessary for the Group to take a highly responsible approach to ensuring operational development and strong senior management involvement in the key sustainability areas. Since 2019 PIK has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, the environment and anti-corruption. With our commitment to sustainable development, we are confident PIK will thrive and make a real difference through fostering a comfortable urban environment across Russia.