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ESG

Rosneft has become the only Russian oil and gas company announced as Global Compact LEAD in the area of sustainable development due to ongoing commitment to the United Nations Global Compact and its Ten Principles for responsible business.

The global leader – ahead
of the major O&G companies

The rating is 72.29*

*Data as of March, 2022

The climate change rating increased to B*

water security rating B-

*Data based on the results of the Assessment for 2021

Press release
Rosneft remains a constituent of the international FTSE4GoodIndex Series

with strong ESG performance*

*Data as of June, 2021

Press release
The rating increased to 67 (percentile2)

rating improved to 47*

*Data based on the results of the Assessment for 2021

Top 100 best companies

from 843 emerging market companies (representing 36 sectors of the economy from 31 countries)*

*Data based on the results of the Assessment as of July, 2021

The best Russian oil and gas Company in the «Just Transition» rating*

The rating «Just Transition» is 5
The rating «Сore social indicator» is 9

*Data based on the results of the Assessment as of October, 2021

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

*Data based on the results of the Assessment as of March, 2021

Rosneft is among the leaders of the Russian O&G companies

entered the Top-10 Russian companies*

*Data based on the results of the Assessment as of May, 2022

For the sixth time in a row, Rosneft became one of the leaders of the RSPP Responsibility and Transparency and Sustainability Vector indices

Rosneft improved its performance in the Net Zero Company Benchmark for global companies

Press release
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 15 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

 

ESG news