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Sakhalin Energy Is the Leader in Social Performance Among Oil and Gas Companies

Sakhalin Energy Is the Leader in Social Performance Among Oil and Gas Companies

Sakhalin Energy has become the leader in the Social Performance rating among the oil and gas companies and has kept its leading position ever since the rating was launched in 2018.

AK&M surveyed 44 companies, which disclose information about their social and environmental performance to the fullest possible extent and are known for the best sustainable development practices, were put on the assessment list in 2022.

"The high appreciation of social performance and the stable leading position in the rating testify to the successful implementation of Sakhalin Energy’s mission related to efficient, reliable and safe production, as well as social and environmental responsibility in its business" – noted Natalia Gonchar, Head of Sakhalin Energy’s Corporate Affairs Division:

The purpose of the AK&M rating is to point out companies that bring maximum benefits to society while making minimum impact on the environment and to find a balance between companies’ environmental impact and their positive effect on the society.

The agency compiled the rating using the open data on the companies’ 2021 performance from their annual and sustainable development reports, consolidated financial statements, as well as information received from them during a survey.

29 September 2022

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