SCM Limited
SCM (System Capital Management) Limited is a holding company that manages sectoral sub-holdings and production assets under SCM umbrella.
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How We Work. Our principles and values
Read about how we manage our business, how we behave in straightforward or challenging situations and what we think is right or unacceptable.
Our Businesses
SCM Limited operates over 500 companies located in more than 30 countries.
CloseSustainable development
SCM works as a responsible business driven by its core values of honesty and integrity, effectiveness, professionalism and responsibility.
We share the values of our society, understand their challenges and help to address them. We are committed to building a business that delivers sustainable financial performance and brings benefit to people.
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About the company
SCM (System Capital Management) Limited is a holding company that manages sectoral sub-holdings and production assets under its umbrella.
SCM LIMITED's biggest sectoral sub-holdings are:
- Metinvest (mining and metals)
- DTEK (energy), including Corum Group (heavy engineering)
- ASKA (insurance)
- Media Group Ukraine (media business)
- ESTA Holding (real estate)
- Vega Group (telecommunications)
- UMG Investments (investment business)
- Lemtrans (railway transportation)
- Portinvest (port assets)
- Parallel-M (petroleum products retail)
- Ukrainsky Retail (Brusnichka grocery store chain)
- HarvEast Holding (agriculture).
Operating companies of SCM Limited are located in Ukraine, as well as in the EU and North America: Italy, the UK, Switzerland, Bulgaria, and the United States.
Sub-holdings and production assets of SCM Limited employ about 200,000 people.
Key Facts and Figures
System Capital Management was established in 2000
SCM businesses operate in more than 30 countries of the world
SCM's business portfolio includes over 500 companies
About 200 thousand people work at SCM businesses
Mission
Mission
We are committed to the sustainable growth and profitability of our assets and thus to the economic development of the countries, cities and towns where we operate.
Vision
Vision
We view SCM Limited as a holding company. SCM Limited creates added value of the assets under its umbrella. Our assets are sustainable businesses with a strong growth potential that operate in line with the world's best practices. Our commitment to development of our assets creates added value for the business and has a positive impact on the society.
Values
Values
Honesty and integrity — we value our reputation of a reliable and ethic investor who strictly follows the laws and meets its commitments to colleagues, partners, clients and consumers.
Effectiveness — we aim to achieve high business performance while managing our assets.
Professionalism — we value knowledge, expertise and reputation of our employees. We create the best environment for their development.
Responsibility — we manage the assets which:
• treat with respect their employees, business partners, local communities and the society as a whole;
• care for of the health and safety of employees;
• care for the environment and implement energy efficient technologies.
Mission
<p>We are committed to the sustainable growth and profitability of our assets and thus to the economic development of the countries, cities and towns where we operate.</p>
Vision
<p>We view SCM Limited as a holding company. SCM Limited creates added value of the assets under its umbrella. Our assets are sustainable businesses with a strong growth potential that operate in line with the world's best practices. Our commitment to development of our assets creates added value for the business and has a positive impact on the society.</p>
Values
<p><strong>Honesty and integrity</strong> — we value our reputation of a reliable and ethic investor who strictly follows the laws and meets its commitments to colleagues, partners, clients and consumers.<br />
<strong>Effectiveness</strong> — we aim to achieve high business performance while managing our assets.<br />
<strong>Professionalism</strong> — we value knowledge, expertise and reputation of our employees. We create the best environment for their development.<br />
<strong>Responsibility</strong> — we manage the assets which:<br />
• treat with respect their employees, business partners, local communities and the society as a whole;<br />
• care for of the health and safety of employees;<br />
• care for the environment and implement energy efficient technologies.</p>
SCM has established two Advisory Committees: Advisory Committee for Investment and Business Development and Advisory Committee for Financial Matters. The function of the Committees is to produce recommendations for further implementation by the Board of Directors in the sphere of Investing activity and Business Development, and in the sphere of Finance matters.
How we work
Honesty and integrity are our main values. They are the foundation of our relations with each other and partners as well as the cornerstones of our reputation which is the key to the effective development and growth of SCM.
We have put our standards and principles in writing and now have a small but very important document, HOW WE WORK. Here we have set out how we manage our business, how we behave in straightforward or challenging situations and what we think is right or unacceptable.
These Principles fully match our mission, vision and values. We realise that our development in the future depends on how well we understand and follow the values:
- honesty and good faith in relations within the company
- integrity in relations with customers and business partners
- respect for the individual and observance of human rights
- transparency and openness
- zero tolerance for bribery and corruption
- sustainable development and social responsibility
- legitimacy and the rule of law.
The Principles and Values of SCM will be taken as a basis by our businesses to develop their detailed standards and norms of corporate ethics.
All employees of our businesses should follow these Principles and the codes of ethics and business conduct of their companies.
We encourage our contractors and individuals or entities authorised to represent SCM with third parties to adapt their codes of ethics to be fully in line with our Principles.
We encourage all our contractors to read our Principles to know what to expect from our employees.
