Press release

EY running AMCHAM CSR committee meeting

Baku, 1 December 2015

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On December 1st, 2015 CSR Committee of American Chamber of Commerce in Azerbaijan organized its monthly meeting hosted by EY Azerbaijan. Chairperson opened the meeting by welcoming guests and members of the committee. The Committee meeting featured presentations in order to discuss upcoming CSR projects. Members of the committee highlighted remarkable projects implemented during the year.

About CSR
Since, the world is progressively debating Sustainability, it becomes necessary for businesses to take responsibility for their activities. Therefore, the notion of Corporate Social Responsibility (CSR) has become very popular in the business world. CSR is a management concept integrating social and environmental concerns of businesses and their interaction with stakeholders. It is a tool to achieve a balance of economic, environmental and social imperatives. CSR should not be considered as a burden for businesses as its return on investment have already proved itself as a benchmark of companies' long-term policies and good standing in the community. The goal of AmCham CSR committee is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and economies around the world. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In doing so, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY works together with companies across the CIS and assists them in realizing their business goals. 4,500 professionals work at 20 CIS offices (in Moscow, St. Petersburg, Novosibirsk, Kazan, Krasnodar, Rostov-on-Don, Togliatti, Vladivostok, Almaty, Astana, Bishkek, Baku, Kyiv, Tashkent, Tbilisi, Minsk, and other locations).

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

EY in Azerbaijan
EY made a major commitment to the development of Azerbaijan and the region by opening the office in Baku 21 years ago. Today, in addition to being the leading audit and consulting firm in Azerbaijan, we are the leading firm in the region. As a result of our experience and competence, we have been able to assist both domestic and international companies as well as state-owned entities to develop and manage the challenges of the international economy.

There are currently 170 people working in our Baku office that serve our clients in Azerbaijan. EY's strength in the Caspian Region and the firm's commitment of resources are important to the entities operating in the region. It means that as we grow, EY will continue to demonstrate a tradition of hiring and training local professionals to be leaders in our practice.