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The Rosneft VII Congress of Ecologists discussed theCompany's long-term strategic goals in the area of environmental development and carbon management

24 September 2020

Rosneft held the VII Corporate Congress of Ecologists. The event was attended by top managers, heads of departments and Company's environmental protection specialists, along with more than 200 subsidiaries, as well as representatives of Rosneft's foreign partners Equinor and BP.

Welcoming the participants of the Congress, Didier Casimiro, First Vice President, Chairman of the Subcommittee on Carbon Management, noted that today a responsible approach to environmental protection and climate security is becoming a factor determining the competitive advantage of companies and their success in the long term, with a priority strategy of green recovery of the economy after the coronavirus crisis.

Discussion about the results of implementing the Rosneft-2022 Strategy and the tools for achieving strategic goals in the field of environmental protection became one of the main topics of the event's agenda. The participants of the Congress noted that despite the decline in economic activity around the world and the fall in demand for hydrocarbons, the Company maintains high volumes of green investments and has achieved considerable success in minimizing its environmental impact.

Issues of industrial ecology, biodiversity conservation and the climate agenda were also discussed. Speeches of experts of the Company's specialized subdivisions and legal block, devoted to the topical issues of environmental regulation and trends in resolving environmental litigation, attracted the special interest of the Congress participants.

Socially responsible investment (ESG) and the priority of environmental indicators for the Company's investment attractiveness became a separate item on the Congress agenda. The Congress participants paid special attention to the discussion of the Company's long-term strategic goals in environmental development and carbon management, as well as measures to achieve them in the context of the UN Sustainable Development Goals, national goals and priorities of the Energy Strategy of the Russian Federation.

Note for Editors:

The Congress of Ecologists is an annual corporate event of PJSC Rosneft, which has been held since 2014 to discuss the most pressing issues of environmental safety at the Company's production facilities, exchange competencies and best practices. The Congress is one of the leading corporate events in the field of environmental safety.

Information Division
September 24, 2020

Keywords: Environmental News 2020