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Environmental & Social Risk Management in Banks - UNEP Finance ...

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Regulatory Enforcement<br />

Key bodies:<br />

• M<strong>in</strong>istry of Natural Resources of Russia (MNR RF);<br />

• The Federal Service for <strong>Environmental</strong> and Nature <strong>Management</strong><br />

Supervision (RosPrirodNadzor);<br />

• Federal Agency of Subsoil Use (RosNedra);<br />

• Federal Agency of Water Resources (RosVodResources);<br />

• Federal Agency of Forest Resources (RosLesKhoz);<br />

• Federal Service for Ecological, Technological and Nuclear<br />

Supervision (RosTekhNadzor);<br />

• Sanitary and Epidemiological Service of the M<strong>in</strong>istry of Health<br />

Protection.<br />

These organizations have the power (with<strong>in</strong> their responsibility) to:<br />

• set up standards and norms<br />

• <strong>in</strong>spect enterprises,<br />

• monitor pollution,<br />

• require <strong>in</strong>formation,<br />

• impose sanctions <strong>in</strong>clud<strong>in</strong>g f<strong>in</strong>es,<br />

• shut down or suspend <strong>in</strong>dustrial activities.<br />

In general, <strong>in</strong>dustrial companies are required to monitor their emissions to air and water,<br />

and waste generation and regularly report on their performance.<br />

PricewaterhouseCoopers<br />

5 April 2006 .

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