2017
SUSTAINABLE
DEVELOPMENT REPORT

ABOUT THE COMPANY

Gazprom Neft is a vertically integrated oil company whose principal activities include the exploration, development, production, and sale of crude oil and gas as well as the production and sale of petroleum products.

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SUSTAINABLE DEVELOPMENT STRATEGY

Sustainable development and corporate social responsibility principles are integrated into Gazprom Neft’s strategy, decision-making processes, and operational activities.

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SUSTAINABILITY MANAGEMENT AND STAKEHOLDER ENGAGEMENT

The standards and mechanisms of Gazprom Neft’s corporate governance system enable the Company to observe sustainable development principles at all levels of operations — from planning the corporate strategy to solving daily business tasks. The Company’s corporate governance system is one of the key factors in the continued growth of Gazprom Neft.

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HUMAN RESOURCE DEVELOPMENT

Employees are Gazprom Neft’s key asset and strategic partners in achieving its sustainable development goals. The Gazprom Neft team includes professionals with a high level of involvement who share the Company’s values. Taking care of their well-being, providing them with the maximum opportunities for development, and attracting and retaining the best employees is a top priority for Gazprom Neft.

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SAFE DEVELOPMENT: INDUSTRIAL AND ENVIRONMENTAL SAFETY, OCCUPATIONAL HEALTH AND SAFETY, ENERGY EFFICIENCY, AND ENERGY CONSERVATION

The lives and health of employees are a key priority for Gazprom Neft. The Company’s strategy in industrial, environmental, and occupational safety is guided by the ‘Goal — Zero: No Harm to People, the Environment, or Property When Performing Work’. Gazprom Neft is committed to becoming one of the world’s leading oil and gas companies in this regard.

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REGIONAL POLICY AND DEVELOPMENT OF LOCAL COMMUNITIES

Gazprom Neft’s geographic footprint encompasses more than 30 regions of Russia, six former Soviet republics as well as six other countries. The Company’s production, economic, social, and environmental activities make a comprehensive contribution to the sustainable development of these territories.

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