Strategic Initiatives and Sustainable Development Fundamentals

Our unconditional priority at all stages of value creation is to ensure sustainable development, which is based on the coordination of the interests and plans of the Company with the principles and goals of sustainable development of the UN, universal values, global trends and priorities of national and regional development, integration of economic, environmental and social goals and objectives into the corporate business decision making system.

The Company’s strategy envisages aspects of sustainable growth and ensuring favorable economic and social conditions for business development based on the most efficient use of all types of resources and creating value for stakeholders at each stage of activity.

The Company is currently expanding the boundaries of its activities in the field of sustainable development and planning to approve the Regulation «On Sustainable Development Policy» in 2019, as well as the Program for the implementation of the Sustainable Development Goals at TATNEFT Group.

We are aware that the long-term sustainable development of a business is inseparable from social progress and the stable development of the whole society and strive to contribute to the socio-economic development of the regions of activity and society as a whole.

The company implements targeted social, infrastructural and environmental programs as part of voluntary corporate initiatives based on responsibility and an open dialogue with the local community.


ECONOMIC SPHERE

  • Participation in the development of the domestic infrastructure of the fuel and energy complex.
  • Creating jobs.
  • Creating value added.
  • Assistance to local economies.
  • The introduction of innovation.
  • Ensuring financial stability and economic sustainability of the group.
  • The development of its own research and production base, integrated with leading industry research centers.

INNOVATION

The Company’s strategy is based on the principles of innovative development.

Target focus — technologies necessary to implement the strategy and overcome the challenges that impede its achievement. the Company systematically develops and implements the most advanced solutions, many of which are unique in the industry and in the technology supply market. interaction with domestic and foreign leading scientific, technical and technological centers allows integrating production tasks and large-scale experience with innovative scientific potential in all areas of the Company’s business.


SOCIAL SPHERE

  • Compliance with the laws.
  • Respect for human rights.
  • Positive public opinion.
  • Management of qualities.
  • Providing high quality goods and services.
  • Continuous improvement of product quality.
  • The desire to follow the changing demands of consumers.
  • Providing accurate information about the company’s products.
  • Contribute to the socio-economic development of the regions of activity.
  • Support local communities of presence.
  • Development of human capital in the areas of the company’s operations.
  • Solving socially significant issues in the areas of the company’s operations based on interaction with local communities.
  • Promoting the development of education, culture and sports. Support for vulnerable groups.
  • Providing competitive remuneration and social package of employees.
  • Development and training of personnel, the formation of personnel reserve.
  • Good working conditions.
  • Development of effective corporate communications with all interested parties.
  • The introduction of advanced social practices. the strategy of the company is based on the principles of innovative development.

ENVIRONMENTAL SPHERE

  • Environmental Protection.
  • Use recyclable materials.
  • Use of clean energy sources.
  • Energy savings.
  • Recycling.
  • Ensuring safe working conditions, protecting the health of personnel and the population living in the areas where the Company operates.
  • Reducing the anthropogenic impact on the environment and preventing environmental damage from economic activity.
  • Rational use of natural resources.
  • Implementation of a set of measures aimed at maintaining the state of the environment in the regions of activity at a regulatory-acceptable level corresponding to the potential for self-restoration of natural ecosystems.
  • Increasing the level of industrial safety and labor protection, reducing injuries, accidents, occupational diseases.
  • Reducing the anthropogenic load and maintaining a favorable state of the natural environment and human environment.
  • Rational use, restoration and protection of natural resources, biodiversity conservation.
  • Fighting climate change.
  • The introduction of the world’s best practices in the field of environmental safety.

See also:
2030 Agenda for Sustainable Development
World Economic Forum Report 2018
Progress towards achieving the Sustainable Development Goals

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