Social Responsibility

Rosneft pursues a policy of high social responsibility to its employees and their families, to the people in the regions where it operates, and to society at large.

The Company implements a comprehensive set of social welfare and charitable activities aimed at creating safe and comfortable labor conditions, assisting with housing, improving the quality of life and professional development of the employees, supporting the veterans and retirees, and fostering regional socioeconomic development.

Rosneft’s social policy is integral part of its corporate strategy and it is in line with the housing, educational, and healthcare national projects currently being implemented by the Russian Government. In 2009, the Company invested RUB 16.5 bln in its social programs, which in terms of their scope are on a par with those of the world’s largest corporations.

Rosneft also pays special attention to environmental protection and minimizing negative ecological impacts from its activities. The Company is also committed to ensuring safe working conditions and providing comprehensive healthcare assistance to its employees. Rosneft applies cutting-edge technology and enhanced production methods to create a safe and healthy working environment, as well as to minimize environmental impact of its operations and the risk of industrial accidents and other emergency situations. In 2009, total spending on environmental protection and industrial and labor safety programs at the Company and its subsidiaries was about RUB 15.9 bln.

The Company is constantly expanding the scale of its social programs and monitoring their effectiveness. As one of Russia’s most prominent companies, Rosneft strives not only to achieve high production and financial performance, but also to make a significant contribution to the country’s development and prosperity.