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Sakhalin Energy Maintains Top Corporate Environmental Responsibility Rating for Third Year in a Row

The Oil and Gas Corporate Environmental Responsibility Rating ceremony was held at the Analytical Centre for the Government of the Russian Federation in Moscow. WWF, CREON and National Rating Agency announced the results of the rating for 2018. Sakhalin Energy has topped the corporate environmental responsibility list for the third year in a row.

Speaking at the ceremony, Alexey Knizhnikov, Head of Environmental Policy Programme at WWF Russia, said: “My congratulations to Sakhalin Energy on maintaining good work and demonstrating high environmental safety performance to the WWF criteria. We would like Sakhalin Energy, which has been leading the list of environmentally safe companies for a few years now, to use every opportunity to share their best practices”.

Andrey Samatov, Head of Corporate Environmental Division of Sakhalin Energy, described the Corporate Environmental  Responsibility Rating as an important project for individual companies and generally for the oil and gas industry due to being a driver for reducing environmental impacts: “On the one hand, the first line in the Rating speaks of the company’s high level of environmental and social responsibility, on the other hand, it also stimulates the company to never stop improving and working towards still better performance”.

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Andrey Samatov, Head of Corporate Environmental Division of Sakhalin Energy

The Oil and Gas Corporate Environmental Responsibility Rating compares Russian oil and gas companies according to: the quality of environmental management, the level of environmental impact per unit of output and the degree of openness and accessibility of environmentally relevant information. Ranking in the top five are also Zarubezhneft, ENL, LUKOIL and Surgutneftegaz.

The environmental openness rating of Russian oil and gas companies was calculated for the fifth time. The high status of the Oil and Gas Corporate Environmental Responsibility Rating 2018 was supported by involvement of the Federal Government and the oil and gas industry committees of the State Duma.

Twenty-two companies operating in Russia and accounting for approximately 97% of oil and gas upstream and most of the oil and gas downstream output in Russia applied for the Oil and Gas Corporate Environmental Responsibility Rating 2018. The companies were rated only based on publicly available data, thus increasing transparency of Russian oil and gas companies in addition to enhancing their environmental performance.

3 December 2018

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