(AGENPARL) – gio 30 giugno 2022 FOR IMMEDIATE RELEASE
NOVATEK
s Board of Director Approves 2021 Sustainability Report
Moscow, 30 June 2022
The Board of Directors of
NOVATEK (“NOVATEK” and/or the
“Company”) approved the Sustainability Report 2021 (the
Report
) prepared in accordance with
the leading international standards and
verified
by an independent auditor.
The Report provides a detailed account of NOVATEK
s role in the global energy transition as
well as the progress on, a
nd ways to achieve, the Company’
s climatic and environmental goals.
In the reporting year, NOVATEK established the Subcommittee on Climate and Alternative
Energy, strengthening oversight at the Board of Directors level. Another important step was the
introduction of internal carbon prici
used in making investment decisions.
The Report also
showcases
the best practices of Yamal LNG and Arctic LNG 2 in introducing
the procedures for evaluating the impact on human rights and implementing plans to promote the
sustainable development of indi
genous peoples, as well as in biodiversity management in
accordance with the most stringent international standards.
We are confident that fulfilling our strategy to further expand the resource and production base
while maintaining high efficiency and
pursuing a responsible approach to business conduct will
promote the development of communities that we form a part of as well as contribute to national
and global sustainability goals,
noted Leonid Mikhelson, NOVATEK’
s Chairman of the
Management Board.
Following the principles of openness and transparency, the Company has
been regularly publishing its sustainability reports since 2004. We intend to continue adhering to
the highest responsible business conduct standards, maintaining the high level of tran
sparency
for all stakeholders
The Report is available on the NOVATEK website in the
Sustainable Development
section.
further
information,
please
visit:
novatek
Press Service
press
novatek
Investor Relations
novatek
PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered
the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the
Company is engaged in the exploration, production, processing and market
ing of natural gas and
liquid hydrocarbons. Upstream activities of the Company’s subsidiaries and joint ventures are
concentrated mainly in the prolific Yamal
Nenets Autonomous Region, which is the world’s
largest natural gas producing area and accounts fo
r approximately 80% of Russia’s natural gas
production and approximately 15% of the world’s gas production.
NOVATEK is
public joint
stock company established under the laws of
the Russian Federation.