BP Russia Launches Five Year Investment in Technology, Education and Cultural Programmes
BP announced today the launch of a new corporate social responsibility (CSR) programme in Russia, one of the biggest of its kind undertaken by a foreign company. The five year (2011-2105) $50 million programme in a range of technology, education and culture projects is designed to bolster research and skills in the energy sector.
This new investment will enable BP to build on the successful five year programme it started in 2004 in partnership with three leading Russian universities, and which has since been extended to include ten additional educational and research centres across Moscow and St. Petersburg.
David Peattie, Head of BP Russia, said: “Today's announcement is another example of BP's commitment to Russia. BP intends to be a part of Russia's energy future, through our investment in TNK-BP as well as our partnerships with Russia's leading universities and research institutes to further the development of Russia's human capital and technical capabilities.”
Endorsements by leading Russian figures in technology, education and cultureSergey Guriev, dean of the New Economic School, said: “BP has been supporting higher education in Russia for a long time, and we are pleased and excited to be a part of its corporate social responsibility programme. I strongly believe that providing scholarships to the best students, as well as Russian professors who would like to return and work in Russia, is a great contribution to the development of Russia’s economy and society.”
Andrei Volkov, dean of the Moscow School of Management SKOLKOVO, said: “Investments in educational projects by corporations such as BP contribute positively to the country’s future. The integration of business expertise into the educational process allows us to create learning products which correspond to current challenges, provide students and young scientists with access to cutting edge technologies, and develop a better understanding of modern business realities. All this would have been impossible without the active participation of companies like BP in supporting general and specialised education in Russia.”
Valery Gergiev, Artistic and General Director of the Mariinsky Theatre, said: “This is a substantial investment by BP in the implementation of joint projects with the Mariinsky Theatre. I am grateful to BP for the warm friendship we have enjoyed for such a long period of time. Moreover, we have big plans for the future. For instance, this year BP has pledged its support for Mariinsky Company to tour the UK, which will give British music lovers a unique opportunity to experience the very best of Russian opera, ballet and classical music.
Starting in 2011, BP will also be supporting programmes run by the Podari Zhizn and Vo Blago charity funds, which help children suffering from serious diseases.
Among BP partner universities and research centers are the Moscow School of Management SKOLKOVO, St Petersburg Mining Institute, Gubkin University of Oil and Gas, St Petersburg Polytechnic University, St Petersburg Marine Technical University, Russian School of Economics, Russian Presidential Academy of National Economy and Public Administration, Institute of World Economy and International Relations (IMEMO), European University at St Petersburg and Moscow State Institute of International Relations.
Posted: December 22, 2011