Rosneft Publishes Sustainability Report for 2024

Translation. Region: Russian Federal

Source: Rosneft – An important disclaimer is at the bottom of this article.

The Board of Directors of PJSC NK Rosneft approved Sustainability Report 2024.

The document presents the Company's achievements in the field of sustainable development, reflects its contribution to the development of national projects of the Russian Federation, discloses the main economic and environmental indicators, information on scientific and social projects, cultural and sporting events.

In 2024, Rosneft continued to implement the main goals of its strategy aimed at increasing operational efficiency, caring for people and respecting the environment.

The company is the largest taxpayer in the country and for many years has made a significant contribution to ensuring the stability of the budget system, promoting the socio-economic development of Russia. In the regions of its presence, Rosneft takes an active part in the development of infrastructure and the implementation of social projects, including in the field of medicine, education, culture and environmental protection.

One of the key priorities in Rosneft's activities is environmental responsibility. The company consistently increases the volume of "green" investments: by the end of the year, it reached 74 billion rubles, and over the past three years – almost 200 billion rubles. The funds are directed to programs to improve the reliability of pipelines, the construction of infrastructure for the utilization of associated petroleum gas, the reduction of emissions and other projects.

Rosneft's efforts to plant trees make a key contribution to preserving the ecological balance of our country – in 2024, over 11 million trees of various species were planted throughout the country. At the same time, over the past three years, Rosneft has planted about 37 million seedlings – the total area of plantings for them is comparable to the area of Paris.

Rosneft applies the principles of a closed-loop economy in its handling of water resources. In 2024, the share of recycled and reused water exceeded 93.7% of the total volume of water used for production needs. This made it possible to reduce the volume of "fresh" water taken from the external environment. The Company's total costs for wastewater management activities in 2024 amounted to 12 billion rubles.

In 2024, Rosneft continued land reclamation work, including "historical heritage" lands. Since 2022, over 280 hectares have been restored, including 45 hectares last year. A number of large enterprises of the Company have completely completed the liquidation of "historical heritage" lands.

The company continues its project to study and protect biodiversity – in 2024, a unique program "Tamura" was launched, the purpose of which is to obtain information on the state of key animal species in the Arctic region. Rosneft's scientific center organized five expeditions, during which scientists studied the Kara subpopulation of the polar bear, wild reindeer and rare bird species. The total length of air and water routes was almost 20 thousand km.

One of the drivers of Rosneft's development is the continuous implementation of modern technologies. In 2024, the total portfolio of registered patents exceeded 1,100 innovative developments.

Rosneft is the first oil company in Russia that has successfully created and is developing a line of its own software for solving production problems in the field of geology, design, development and operation of fields. Today, the Company's line of science-intensive software includes 24 software products, 17 of which have already been implemented in production activities.

In 2024, Rosneft continued its systematic work to create comfortable and safe conditions for employees, including those working in remote areas and in harsh climates. One of the key areas of work was the development of the "smart village" concept – a modern format of shift infrastructure with digital services, mobile applications and automated household systems.

Rosneft supports initiatives in the field of education and upbringing of the younger generation, carries out construction and repair of educational institutions in the regions of its presence. For example, in Nizhnevartovsk a new kindergarten for 320 children was built, in the village of Elan-Chishma (Republic of Bashkortostan) – a new multifunctional educational center with an area of over 2 thousand square meters, two schools in Syzran were reconstructed. Also, thanks to the assistance of the Company, a new clinic was opened in Ufa, medical equipment was supplied to three hospitals in the Republic of Bashkortostan, Tyumen and Samara regions.

The Company is actively developing the volunteer movement "Good Deeds Platform". In 2024, Rosneft enterprises held almost 2 thousand volunteer events and projects, in which 106 thousand employees took part. Corporate volunteering is important in solving urgent social and environmental problems in the regions where Rosneft operates.

An important part of the Company's social activities is the corporate sports and health movement "Energy of Life", within the framework of which employees regularly play sports and compete in various sports disciplines. The movement is growing annually, and by the end of 2024 it had already united almost 128 thousand employees, that is, almost 40% of the total number of Rosneft employees.

Reference:

The Sustainability Report is a public non-financial report of Rosneft and is aimed at informing a wide range of stakeholders, including shareholders, investors, representatives of state and municipal authorities, employees, partners and customers, public and environmental organizations, scientific and educational institutions. The document was prepared using the international standards of the Global Sustainability Reporting Initiative GRI 2021.

Department of Information and AdvertisingPJSC NK RosneftAugust 13, 2025

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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