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ESG
Rosneft continues to be a constituent in the FTSE4Good Index Series on core sustainability metrics

Press release
As a result of participation, Rosneft was assigned C in the climate rating and B- for the water rating
The global leader – ahead
of the major O&G companies

The rating is 67.91

In the industry top 10

The rating is A-

The rating increased to 44 (54 percentile)

* CSA - Corporate Sustainability Assessment

The best Russian oil and gas Company in the rating

The rating increased to 10

Rosneft is a constituent
of the Best EM Performers Ranking

comprised of the 100 best performing companies
out of 843 companies, from 36 sectors and 31 countries

The rating increased to BB

on improved climate disclosure

Rosneft is among the best in the Russian and international peer group

The rating is 34

The Company integrates climate issues into the decision-making process of its operations

The rating in Management Quality category increased to 3 out of 4

Support for International Sustainable Development Initiatives

Since 2010, Rosneft has been a party to the United Nations Global Compact – the most extensive international sustainable development initiative uniting over 12 thousand companies from more than 160 countries. The Global Compact declares 10 principles in the areas of human rights, labor relations, environmental protection, and countering corruption that shall be followed by the parties of their own free will. The Global Compact calls on parties to support the UN’s sustainable development goals aimed at enhancing the well-being of the present and future generations. Company submitted annual Advanced Communication on Progress (CoP)

As a party to the UN Global Compact, Rosneft makes all efforts to meet the growing energy resource demands of the world economy, which is necessary for balanced social and economic development and improving living standards.

Human rights
Principle 1

Businesses should support and respect the protection of the international proclaimed human rights.

Principle 2

Businesses should make sure that they are not complicit in human rights abuses.

Labour standards
Principle 3

Businesses should uphold freedom of association and effective recognition of the right to collective bargaining.

Principle 4

Businesses should uphold the elimination of all forms of forced and compulsory labor.

Principle 5

Businesses should uphold the effective abolition complete elimination of child labour.

Principle 6

Businesses should uphold the elimination of discrimination in employment and occupation.

Environment
Principle 7

Businesses should support a precautionary approach to environmental challenges&

Principle 8

Businesses should undertake initiatives to promote environmental responsibility.

Principle 9

Businesses should encourage the development and diffusion of environmentally friendly technologies.

Anti-corruption
Principle 10

Businesses should work against in all its forms, including extortion and bribery.

The UN Global Compact principles are taken into account both at the strategic and operational management levels.

These principles are integrated into the Rosneft-2022 Strategy and incorporated into the system of local regulations that directly set the functioning of the Company’s major business processes.

One of the main values of Rosneft is responsible business management. The Company adheres and shares principles of basic international declarations for human rights, labor relations, combatting corruption, environment control, including: 

  • UN Universal Declaration of Human Rights;
  • UN Declaration on the Environment and Development;
  • OECD Guidelines for Multinational Enterprises;
  • The ILO  Declaration on Fundamental Principles and Rights at Work;
  • The ILO Freedom of Association and Protection of the Right to Organize Convention (No. 87);
  • The ILO Right to Organize and Collective Bargaining Convention (No. 98);
  • The ILO Discrimination (Employment and Occupation) Convention (No. 111).

The principles of these international documents are formalized in the Company’s local regulations and integrated into corporate business processes.

 

CEO Speeches and Presentations

 

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