Rosneft: Rosneft Reconfirmed as a Constituent in the FTSE4Good Index Series Leading on Core Sustainability Metrics

The FTSE Russell (part of the London Stock Exchange Group) has confirmed that the Company continues to be a constituent in the FTSE4Good Index Series. As of the end of 2020, the Company’s rating was upgraded to 3.9 out of 5. With its performance indicators, Rosneft is ahead of most (84%) participants of the international oil and gas industry ICB supersector rating.

The FTSE4Good Index Series ranks the largest global companies based on environmental, social and governance (ESG) performance and transparency in information disclosure. FTSE4Good Emerging Indexes were established in 2016 and include 545 companies (with 23 Russian participants) from over 20 developing countries with a total capitalization of more than $3 trillion.

In 2020, Rosneft significantly improved its FTSE Russell Social
Score, which takes into account corporate performance in the area of human rights, support of indigenous people, labour standards, health and safety.

Since 2007, Rosneft has been publishing Sustainability Reports in accordance with the international standards of the Global Reporting Initiative (GRI). The Company is also a member of the UN Global Compact, thus confirming its commitment to the highest principles of sustainable development.

In 2020, Rosneft Oil Company presented its updated public commitment – “Rosneft: Contributing to Implementation of UN Sustainable Development Goals”, Rosneft Public Position in the Field of Human Rights and the Declaration on human rights for interacting with suppliers of goods, works and services.

In December 2020, Rosneft Oil Company Board of Directors reviewed the Company’s Carbon Management Plan 2035, which stipulated the achievement of key targets, including prevention of greenhouse gas emissions of up to 20 million tonnes of CO2 equivalent, Upstream emissions intensity reduction by 30%, a decrease in the methane emission intensity below 0.25%, and zero routine flaring of associated petroleum gas.

Rosneft is the best Russian oil and gas producer in several international ESG ratings, such as Refinitiv, Bloomberg, CHRB*.