Corporate
Responsibility
UGE actively supports a number of various social projects contributing to culture, science and educational development and endorses charitable causes and consistently supports non-profit organizations.
Corporate Social Responsibility

UGE is one of the companies that is proudly and consistently follows a policy of Corporate Social Responsibility which is extended to UGE employees and their families and as well to communities in the countries where UGE operates.

The corporate social responsibility vision of UGE is to be an influential leader in creating social and economic opportunities for the welfare of the regions where UGE does business.

Beyond core business, UGE believes to have a responsibility to make a positive impact in the society. Working in partnership with local communities and governments the strategy is to promote sustainable social and economic development wherever UGE goes. With this vision in mind, UGE attempts to play an important leadership role, leading by good example.

Well-being of the employees is extremely important to UGE and therefore company implements a comprehensive set of social welfare benefits with the goal of creating safe, secure and well-functioning working conditions. UGE proudly provides a set of benefits, assisting with accommodation, schooling fees for kids, consistently supports professional development of the employees by offering educational facilities and encouraging employees to attend courses and evolve further, UGE supporting the retirees and has a well-established pension fund and healthcare arrangements.

UGE is also a responsible member of the societies where it operates, where it often initiates charitable activities and strives to improve the quality of life promoting regional and socioeconomic development. UGE actively supports a number of various social projects contributing to culture, science and educational development and endorses charitable causes and consistently supports non-profit organizations.

UGE’s social policy is an integral part of the corporate strategy and it is always in stringent order with official policies annunciated by the governments of the countries where UGE operates. UGE on an annual basis invests millions of USD on the extensive social programs, which in terms of their scope are equal to the world’s largest corporations.

Besides socioeconomic regulations UGE pays special attention to health, safety, security and environmental protection and with great dedication focuses on minimizing negative ecological impacts from the business activities which UGE undertake locally and globally.

UGE is highly committed to providing its employees with safe and secure working conditions, which extends to comprehensive healthcare assistance and additional safety and security systems implemented. UGE applies innovative technology and high-end enhanced production techniques to create a safe and healthy working environment.

Minimizing environmental impact of its operations is in the center of every activity of UGE. We try to mitigate the risk of industrial accidents and other emergency situations by all means possible. Safety and control are on our top priorities list for every action taken by UGE. On average total spending on environmental protection and industrial and labor safety programs at the UGE and its affiliate companies can be counted in millions.

UGE is a responsible member of the communities it operates in and constantly and consistently expanding the scope and the variety of the social programs and has been supporting a number of non-profit institutions and events for many years in a row. As one of the most prominent companies in the oil and gas industry, UGE naturally strives to gain financial benefits, but hand in hand with achieving profitability UGE is determinant to make a significant contribution for the development and prosperity of the countries where company operates.