Stakeholder engagement

Employees, customers, local authorities, communities, investors. This is not a complete list of those who can influence your business and whose lives are affected by your company.

Stakeholder engagement is the process of communication and collaboration between an organization and its stakeholders. This process involves identifying, comparing, and prioritizing stakeholders who may have an impact on a project or company.

Stakeholder engagement helps organizations take into account everyone's needs and desires in advance. It's all about building relationships, trust, confidence, and engaging with your organization's key initiatives. Timely involvement of stakeholders can reduce potential risks and conflicts with stakeholder groups, prevent misunderstandings, dissatisfaction and resistance to change.

Interaction with stakeholders is another big part of the company's work, which plans to be socially responsible.
What we do:
Stakeholder Engagement Plan (SEP)
Holding public hearings and consultations with stakeholders
Formation of negotiations and partnerships
Stakeholder engagement before starting new project: project development and adjustment of alternative solution plans and risk elimination
Defining the goals and issues of the project/portrait of the stakeholders
Forming a communication plan and grievance mechanism for reviewing complaints and suggestions
Monitoring and evaluating relationships with stakeholders
Forming non-financial reporting
By constantly interacting with your stakeholders, they become an effective tool in achieving the company's mission and strategic goals. This long-term contribution to a “friendly relationship” with stakeholders helps to avoid financial and reputational risks, restore trust or build new relationships that will form the basis of a secure partnership.
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