Moscow, 15 September 2021 – Aeroflot has confirmed its National Corporate Governance Rating of 7++. The rating was awarded by the Russian Institute of Directors (RID), an independent auditor, based on its annual monitoring of the Company, and confirms a high quality of the airline’s corporate governance.
Since 2019, Aeroflot has retained its Rating of 7++ representing Advanced Corporate Management Practices according to National Corporate Governance Rating scale.
The rating serves as confirmation that Russia’s flag carrier complies with Russian corporate governance legislation and that it follows the recommendations of the Russian corporate governance code. Aeroflot is characterized by relatively low corporate governance risks for its shareholders.
The RID experts highlighted a number of measures adopted by Aeroflot that helped the Company to maintain its National Corporate Governance Rating amid the challenging period of the pandemic:
According to the analysts, Aeroflot is continuously working to improve corporate governance and aims to introduce best cоrporate governance practices.