Our Approach

Fix Price is one of the leading variety value retailers globally and the largest in Russia, with about 5,000 stores in Russia and neighboring countries.

We seek to deliver long-term benefits to all stakeholders: our customers, employees, suppliers, investors and the communities we work with. We strive to maximize the value we create—not just in commercial terms, but also for the environment and society. We are building a future we can be proud of.

We seek to deliver long-term benefits to all stakeholders: our customers, employees, suppliers, investors and the communities we work with. We strive to maximize the value we create—not just in commercial terms, but also for the environment and society. We are building a future we can be proud of.

In 2021, we established a separate ESG Committee under the Board of Directors. The Committee advises the Board on Fix Price’s sustainability strategy, monitors its ESG performance, and tracks the Company’s progress in delivering on its ESG commitments

We also conducted an in-depth analysis of our ESG practices and identified four ESG strategic priorities: People, Product, Partners and Planet— the 4P. These are the main areas where we plan to focus our ESG efforts in the coming years.

We are keen on embedding sustainability into our operations. Therefore, in Q2 2022 we plan to disclose our sustainability strategy—based on the 4P priorities—in our first Sustainability Report. The report will contain information on our corporate sustainability agenda, presenting key ESG achievements and performance indicators.

More information about key ESG data and current practices can be found in the downloadable ESG databook and presentation in the ESG Results and Reports section.