The implementation of the Company’s Strategy involves sustainable growth aspects and ensuring favorable economic and social conditions for business development based on the most efficient use of all types of resources and creating value for stakeholders at each stage of activity.
We recognize the global challenges, problems and trends related to aspects of sustainable development, adhere to the provisions of the UN Global Compact, the UN Responsible Investment Initiatives (UNPRI), the UN Sustainable Development Goals, approved by resolution A / RES / 70/1 of the UN General Assembly on 25.09. 2015, the United Nations Environment Program (UNEP), as well as the G20 / OECD Fundamental Principles of Corporate Governance and the Social Charter of Russian Business, the RSPP Approaches to the Formation of National Indexes of Corporate Sustainability, Responsibility and Openness for Sustainable Development.
We are aware of the large-scale role of energy companies in global economic development and equal responsibility for the high efficiency of our business processes, effective provision of industrial safety, labor protection, the environment, social well-being of personnel and local communities, the importance of the development and implementation of advanced environmentally friendly technologies.
The Company's position is that only if a balance is maintained between these aspects and the expansion of social partnership can harmonious, effective and sustainable development of business and society as a whole be ensured.
FTSE4GOOD Emerging Index
TATNEFT is included in the authoritative international stock exchange index - FTSE4GOOD Emerging Index of companies that are benchmarks of efficiency and transparency in environmental, social and management (ESG) practices. The index is compiled by the analytical division of the London Stock Exchange - FTSE Russell - the leader in stock market indices, which calculates indices for more than 80 countries and for all asset classes, covering 98% of the global invested markets. The professional investment funds with a total asset management volume of about $16 trillion use the FTSE Russell indices as a standard for making investment decisions.