“NIIneftepromсhim” JSC is assigned an ESG rating from the largest Russian rating agency Expert RA

“NIIneftepromсhim” JSC is assigned an ESG rating from the largest Russian rating agency Expert RA
Joint-Stock Company “Research Institute for Oilfield Chemistry” (“NIIneftepromchim”) announces the assignment of an ESG rating from the rating agency Expert RA at the level of ESG-IV compliance with the interests in the field of sustainable development when making key decisions. The rating outlook is ‘stable’.
In compiling the rating, Expert RA takes into account both quantitative and qualitative indicators, as well as a company’s risk minimisation activities, which provides investors with more comprehensive information.
“NIIneftepromchim” JSC is the first company to receive a non-financial rating in its market segment.
The Company, guided by the current assessment, is planning activities aimed at improving its key ESG indicators as well as engaging partners in ESG transformation.
General Director of “NIIneftepromchim” JSC Gamilov Ildar Agelamovich noted that: “Assigning the ESG rating to “NIIneftepromchim” JSC as the first among companies in the industry was a very important event for us. Responsible business conduct is part of the strategic vision of “NIIneftepromchim” JSC. The company pays close attention to environmental and social responsibility, as well as in the field of corporate governance. We implement “green” projects, move forward taking into account the principles of preserving the environment, caring for employees and improving the company’s management system. Now our task is to build a systematic work on managing ESG factors in order to remain a reliable partner for the state and the business community on the way to achieving sustainable development goals. We intend to continue to develop in order to comply with the best world practices”.