Sustainable development
The mission of JSC NIIneftepromkhim in the field of sustainable development is to promote efficient extraction and use of resources to achieve energy security of the Russian Federation; to promote risk reduction and unlock the potential of energy transition opportunities, making a positive contribution to socio-economic development and following high standards of environmental and industrial safety, corporate governance and social responsibility.
“The energy sector has been in the spotlight in recent years. Fossil fuels account for 85% of global energy consumption, and the energy system is responsible for 76% of global greenhouse gas emissions. Every year, the importance of systemic work aimed at ensuring energy availability while maintaining environmental quality and social well-being increases.
The company JSC “NIIneftepromkhim” in its activities is focused on achieving the goals of sustainable development: by using our products, client companies reduce the environmental impact on the natural environment from oil production processes. The petrochemical industry is a representative of those sectors of the economy, the features of which are the complexity of production and technological chains for the creation of products, a high level of risk in the operation of chemical-technological systems, an increased negative impact on the environment. At the same time, petrochemical industry enterprises demonstrate high indicators of economic, technological efficiency, as well as a high level of innovative activity. In this regard, we assign primary importance to the development of a management approach that allows, on the one hand, to ensure further stimulation of innovative activity in the petrochemical industry, and on the other hand, to ensure the achievement of sustainable development goals due to the unity and harmonious development of environmental, economic and social subsystems.
We integrate sustainable development principles into all aspects of the company’s activities – from internal processes to stakeholder relations, from production operations to charitable projects in collaboration with local authorities.
In January 2022, the Sustainable Development Policy was approved, defining the focal points and key principles of the company’s activities to ensure long-term efficiency. The Sustainable Development Policy serves as a guide for each employee of the company and is the foundation for making management decisions based on the balance of interests of existing and future generations.
“Sustainability is an integral part of the activities of leading companies. A systematic approach to sustainable development is an indicator of a company’s maturity and a common business language spoken by successful organizations.”
Ildar Gamilov
General Director of JSC Niineftepromkhim
The Company’s approach to sustainable development activities is based on the UN Sustainable Development Goals. As part of its sustainable development strategy until 2030, JSC NIIneftepromkhim has identified the UN SDGs that the Company can contribute to the greatest extent.
The activities of JSC NIIneftepromkhim are a manifestation of the approaches underlying the Sustainable Development Goal (SDG) No. 17 “Strengthening the means of implementation and revitalizing the Global Partnership for Sustainable Development” and are aimed at achieving SDG No. 7 “Ensuring access to affordable, reliable, sustainable and modern energy for all”, which is a joint goal of the company itself and its customers. In addition, the company is implementing a number of significant projects together with the city administration to achieve SDG No. 11 “Make cities and human settlements inclusive, safe, resilient and sustainable”.
The company’s production methods integrate approaches related to:
- SDG 9 “Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation”
- SDG 12 “Ensure the transition to responsible consumption and production”.
The internal driver for organizing and supporting innovative and responsible production is the comprehensive protection of the interests of the company’s employees, based on:
- SDG 3 “Ensure healthy lives and promote well-being for all at all ages”
- SDG 4 “Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all”
- SDG 8: Promote sustainable economic growth and decent work for all
- SDG 10: Reduced Inequalities
- SDG 16: “Peace, justice, strong social institutions. Promote peaceful and inclusive societies for sustainable development, ensure access to justice for all and build effective, accountable and inclusive institutions at all levels.”
Clients of JSC NIIneftepromkhim reduce their negative impact on the environment by using high-quality products and advanced oil production technologies. Thus, the company indirectly influences the achievement of the environmental block of sustainable development goals:
- SDG 6 “Ensure availability and sustainable management of water and sanitation for all”
- SDG 13 “Combat climate change and its impacts”
- SDG 15 “Protect and restore terrestrial ecosystems and promote their sustainable use”
In addition, in the regions of presence, the activities of client companies help ensure the well-being of the local population, achieving socio-economic goals, primarily:
- SDG 1: End poverty in all its forms everywhere
- SDG 11: “Make cities and human settlements inclusive, safe, resilient and sustainable.”
The company’s sustainable development strategy until 2030
The Sustainable Development Goals (SDGs) form the basis of the company’s Sustainable Development Strategy for the period up to 2030, which is aimed at achieving a balance between environmental and social indicators while ensuring economic efficiency through sound corporate governance measures. Sustainable development initiatives up to 2030 are comprehensively implemented through achieving strategic goals related to ESG aspects:
E-aspect
- Reduce specific discharges of pollutants into wastewater and emissions of pollutants to 5% compared to 2021;
- Launch long-term projects in the direction of “environmental protection”;
- Train at least 50% of employees in programs related to sustainable development and responsible consumption and production practices;
- Contribute to the achievement of national waste management goals;
- To offset the negative impact on the environment by planting trees and participating in greening projects in the region where the Company operates.
S-aspect
- Maintain LTIF levels annually, target 0 deaths;
- Increase employee engagement up to 50%;
- Increase the proportion of employees participating in volunteer movements and other socially significant initiatives and projects to 25%;
- Ensure equal opportunities for employees;
- Launch the “Good Deed” project and expand the scope of its application.
G-aspect
- Develop the compliance program “Respect for Human Rights”;
- Ensure strict compliance with ethical standards in relations with counterparties (Adopt a counterparty code of business ethics);
- Build a process of interaction with suppliers on sustainable development issues;
- Implement a risk management system;
- Create a collegial body for risk management and internal control;
- Implement the principles of a circular economy.