Rosneft Oil: Rosneft is the best Russian oil and gas company in the RAEX-Europe ESG rating

Rosneft became the best in the oil and gas industry and entered the Top 5 Russian companies of the independent European rating agency Rating-Agentur Expert RA GmbH (RAEX-Europe), and its performance in corporate governance scored especially high points. In 2021, 155 Russian companies took part in RAEX-Europe ESG rating.

RAEX-Europe is a rating agency affiliated with the RAEX international group that has more than twenty years of experience in the rating industry and analytical activities. Since 2015, the Agency has been accredited by the European Securities and Markets Authority (ESMA1) and has an official status of External Credit Assessment Institution (ECAI). RAEX-Europe cooperates with Refinitiv and the Russian Union of Industrialists and Entrepreneurs.

Since 2007, Rosneft has been publishing its Sustainability Report by the Global Reporting Initiative standards (GRI). The Company is also a member of the UN Global Compact, thus confirming its commitment to the highest sustainability principles.

In December 2018, Rosneft was the first Russian company to publicly confirm its commitment to 17 UN Sustainable Development Goals and integrate them into its corporate strategy. Following the global practices, the Company has determined five priority goals which are directly supported by its core operations: Good Health and Wellbeing, Affordable and Clean Energy, Decent Work and Economic Growth, Climate Action, Partnership for the Goals. However, given its pivotal role in the energy industry and the scale of its activities, the Company also contributes to the achievement of the remaining 12 UN goals.