Sakhalin Energy tops 2017 Environmental Responsibility Rating of Oil & Gas Companies in Russia
OREANDA-NEWS. Moscow hosted a rating results presentation ceremony within the Common Sense project.
For the second consecutive year, Sakhalin Energy topped the Environmental Responsibility Rating of Oil & Gas Companies, achieving high results in three sections: Environmental Management, Environmental Impact, and Disclosure / Transparency.
The project is implemented by CREON Group and the World Wildlife Fund (WWF) with the involvement of the Ministry of Natural Resources and Environment of the Russian Federation and the Ministry of Energy of the Russian Federation. The rating was calculated by the National Rating Agency. The top three also included Exxon Neftegaz Limited and Surgutneftegaz.
The environmental rating has been compiled since 2014 in order to receive objective and comparable information on the environmental impact caused by Russian oil and gas companies. The calculation of the rating is traditionally performed using only publicly available information. Therefore, its accessibility, disclosure completeness and accuracy are crucial factors influencing the rating points of companies.
The event was held as part of the Year of Ecology in Russia, which is aimed at drawing the companies’ attention to the issues of national environmental development, biodiversity preservation and environmental safety assurance.