Co-operation with the society
VKG's complete social responsibility and sustainable development policy began in 2009. We are proud that VKG is one of the first promoters and advocates of the concept of social responsibility in Estonia and especially in Virumaa.
VKG was the first Estonian company to disclose all of its resource use and environmental information in accordance with the Global Reporting Standards for Social Responsibility GRI G3 (last two reports – GRI G4). Although the original purpose of the initiative was to raise awareness, evaluate and manage the group's overall impact on the country's economy, social life and environment, today the responsibility is integrated into the company's business strategy, since in VKG's case, it is impossible to distinguish between responsible activities and the company's main activity.
Openness and transparency
Social reporting means total disclosure of data on social, economic and environmental impacts in accordance with the Global Reporting Initiative (GRI).
Vastutustundlik tegutsemine
Sotsiaalselt vastutustundlik tootmiskorraldus nii ettevõttes endas (ohutute töötingimuste loomine, töötajate motiveerimine, lisasoodustused, lisamaksed, pidev dialoog töötajate ja tööandja vahel) kui ka töötajate hulgas (igaüks vastutab kõige eest).
Honesty and correctness
Public relations standards have been approved by the company that prohibit the submission of incorrect or inaccurate data.
Compliance with international standards
Implementation of the principles of social responsibility approved by international organizations (GRI, UN Global Compact) in the company.
Cooperation with interest groups
The cooperation of Viru Keemia Grupp with interest groups is aimed at sustainable development and achieving the balance between different interests. The cooperation with interest groups is based on the principles of respecting their interests, regular and constructive cooperation, the transparency of the information pertaining to the activities of the Group, and the performance of our duties.
The Group does cooperation with the main interest groups on a number of the most relevant issues. In order to lay down those issues, the social environment inside and outside of the Group is constantly analysed, with due consideration of strategic trends and the preferences of interest groups.
Main interest groups of the Group:
Shareholders
Employees
Institutions
Local communities
Civil groups
Viru Keemia Grupp is developing a sustainable development strategy and implementing it in active cooperation with the main interest groups. It enables the Group to boost the efficiency of the social and environmental activities of the company and achieve comprehensive and permanent positive changes.
The Group believes that sustainable economic growth and the well-being of the society, being the conditions, upon which the Group builds its activities, are inherently related to each other. Moving towards the strategic goals of sustainable development, Viru Keemia Grupp is trying to generate value for interest groups at every single stage of its activities and make a contribution into the social and economic development of the state.
Generating value for interest groups
Society
Responsible production - preserving the environment.
Shareholders
- Long-term growth of the value of the Group.
- High dividend yield.
Partners
Good availability of oil shale products with very good production and environmental properties and stable supply/provision.
Employees
- Sustainable workplaces.
- Valuable bonus package.
- Social support.
- Various opportunities for professional development.
State
- Provision of energy safety and independence.
- Contribution into economic development.
- Taxes.
- Development of technologies in the field of oil shale.
Local communities
- Contribution into social and economic stability of Ida-Viru County.
- Development of local suppliers and manufacturers.
- Taxes.
- Creating workplaces, environmental protection programmes.
- Improving the quality of life of the local community.
- Facilitating the growth of social activity of local population, especially among children and youth.
Viru Keemia Grupp has been acknowledged as a socially responsible enterprise
Every year the Responsible Business Forum in Estonia acknowledges the companies that take care of the environment and are striving to make a greater contribution into the society than required by law. The Group has received the bronze medal nine times so far.
For VKG, social responsibility is not simply a marketing vehicle, but a value-based contribution with a long-term perspective, which helps to promote the region, culture, sport, and the local people, too, It is very important to listen to each other and to take each other’s needs into consideration. Nowadays we can only achieve long-term success if society supports the entrepreneurship
Chairman of the Board
For VKG, social responsibility is not simply a marketing vehicle, but a value-based contribution with a long-term perspective, which helps to promote the region, culture, sport, and the local people, too, It is very important to listen to each other and to take each other’s needs into consideration. Nowadays we can only achieve long-term success if society supports the entrepreneurship
Chairman of the Board
The main directions of support activities of VKG
Our priority is to support Virumaa and the social activities beneficial to the organizations that operate here, to its people and local associations.
The Group pays special attention to the development of the region, keeping in touch with the local authorities and citizens. VKG supports sports, cultural, and educational initiatives and contributes to the development of local life via the voluntary work done by its employees.
We are also focused on the issues related to the oil shale sector and research and development projects, which involve the search for innovative solutions and their implementation in the industry.
Our major initiatives
Our largest educational projects in 2018
Last year, just like before, we continued making our active contribution to regional educational life. We see ourselves as playing an important part in promoting and supporting engineering and chemical education.
We continued awarding scholarships to the best students of Tallinn University of Technology
In 2018, we awarded a total of 11,660 EUR of scholarships via the Development Fund of Tallinn University of Technology. VKG awards scholarships twice a year.
We continued awarding scholarships to the best students of Tallinn University of Technology
In 2018, we awarded a total of 11,660 EUR of scholarships via the Development Fund of Tallinn University of Technology. VKG awards scholarships twice a year.
VKG scholarships in bachelor´s studies are awarded in the fields of electrical power engineering, mechatronics, geosciences and geotechnology, chemistry and environmental protection technologies, heat power engineering.
VKG scholarships in master´s studies are awarded in the fields of chemistry and environmental protection technologies, chemistry and technology of fuels, heat power engineering, and electrical power engineering.
VKG applied higher education is meant for students of Virumaa College studying in the fields of fuel technology, production automation, machine building technologies, energy technology, chemical technology, management of technological processes, and telematics and smart systems.