Sakhalin Energy ranks first in the environmental rating

Sakhalin Energy ranks first in the environmental rating of oil and gas companies for the fourth time in a row.

The Environmental Rating of Oil and Gas Companies ceremony was held within the frames of the Common Sense Project on 25 November at the Analytical Centre for the Government of the Russian Federation in Moscow.

Alexey Knizhnikov, Oil and Gas Programme Leader at WWF Russia, appreciated the top quality of Sakhalin Energy environmental risk assessment and the effectiveness of measures aimed at minimising impact on the environment, as well as the high level of transparency of the monitoring results provided in the Sustainable Development Report, noting that the company sets a good example to be followed, being the long-time leader in the Russian oil and gas industry.

Andrey Samatov, Head of Sakhalin Energy Corporate Environmental Division, thanked the Rating organisers for recognising the company’s efforts. “It is required to note that the strive of managers and environmental specialists of companies to continuous improvement of performance has resulted in stronger competition and the lower impact of the oil and gas industry on the environment”.

The Rating was initiated by the consulting and analytical group KREON and the World Wildlife Fund (WWF) in partnership with the National Rating Agency and UN Environment Programme, with the support of the RF Ministry of Natural Resources and Environment and Ministry of Energy.

In 2019 Zarubezhneft and Exxon Neftegas Limited are also among the top three leaders.

In total, the Rating included 20 energy companies operating in Russia that together account for over 90% of produced oil and gas, including the major part of hydrocarbons transportation and processing.

The Rating was formed based exclusively on open data accessible to the public. Such ratings serve as a good incentive for oil and gas companies to implement best environmental practices and establish an effective dialogue between the business and community with regard to environment protection. This contributes to the enhanced environmental performance and higher transparency of the Russian energy and fuel sector. Вертикальное.jpg

25 November 2019