Sustainable development
Zarubezhneft implements the principles of sustainable development in all areas of its activities, focusing on best practices and current changes in the direction of sustainable development and decarbonization.
The company has formed a structure for managing sustainable development factors at the strategic and operational levels, and is constantly working to improve the indicators that affect their achievement. To implement the tasks in the field of sustainable development and decarbonization, the ESG Competence Center was created in the Corporate Center.
In 2022, the Company established the Sustainable Development and Decarbonization Policy, which outlines the key areas of activity in sustainable development and decarbonization, the Supplier Code of Conduct governing engagement with suppliers based on sustainable development principles, and the Climate Risk Assessment Methodology. A greenhouse gas (GHG) emissions inventory was conducted and integrated into Zarubezhneft’s Sustainable Development and Decarbonization Strategy.
In 2024, the Methodological Guidelines for the identification of climate projects in accordance with Russian and international requirements were approved.
In 2025, the Methodological Guidelines for GHG emissions accounting within the Zarubezhneft JSC Group of Companies were approved. Additionally, a GHG Emissions Accounting Information System (IS GHG) was developed and implemented across the Group of Companies. This system enables the calculation of GHG emissions in compliance with national and international requirements across all three scopes, and facilitates the generation of mandatory reporting.
Principles of sustainable development
UN Global Compact
In 2021, the company became a member of the UN Global Compact on the introduction of 10 principles of responsible business conduct into business practice.
Zarubezhneft is committed to 17 UN sustainable development goals, all of which are integrated into corporate practices. Particular attention is paid to 7 priority goals, which to the greatest extent reflect the specifics of the company’s activities.
Environmental protection
Since 2019, Zarubezhneft has been supporting the initiative of the Ministry of Natural Resources «Business and Biodiversity», which is being implemented as part of the federal project «Biodiversity Preservation and Development of Ecotourism» of the national project «Ecology».
Labor protection and industrial safety
The policy in the area of labor protection, safety and social responsibility is the basis of strategic planning and management of the company’s activities.
Health protection
For Zarubezhneft, the well-being of employees is one of the key priorities, therefore, in order to maintain health at the workplace, the company launched the NESTRO WELLNESS program in 2021.
Social policy
Zarubezhneft pursues a responsible social policy and contributes to the sustainable development of the regions where it operates. The company’s efforts are aimed at helping socially unprotected segments of the population, indigenous and small peoples. All major enterprises of the Group of Companies are involved in social activities.
Production system
The Production System (PS) of Zarubezhneft is based on an integrated approach to the development of the company, and its implementation makes it possible to ensure the achievement of strategic goals and a flexible response to external challenges.