Social responsibility where gazprom neft operates

The priorities of the Company’s social activities in the regions where it operates include:
  • Construction and repairs to schools, hospitals, sports and recreational facilities, and housing;
  • Assistance to socially significant projects in the spheres of sport and culture, as well as programs to support children and young people;
  • Preserving cultural and historic heritage.

The Company’s operations have a material impact on development of the territories where such operations are carried out, and the Company’s activities are fundamental to the economies of some of its operating regions. Sustainable development and modernization of society in regions where oil production, refining and sales subsidiaries of Gazprom Neft operate are important conditions for successful implementation of the Company’s large-scale strategic plans. Gazprom Neft contributes to the social and economic development of Russian regions as a dynamic business entity, as a major taxpayer and employer, and as a partner for local governments and communities in their efforts to address local issues. The Company works consistently to build partner relationships with local administrations and communities, guided by Russian law and by the specific local development issues associated with industrial and regional development.

Gazprom Neft’s Regional Policy Concept, approved in 2010, determines the Company’s partnership with regional governments, orienting it towards the Company’s own strategic goals, and raising the efficiency of the Company’s social investments. The Concept is based on the Russian Government’s Energy Strategy, as well as social and economic development strategies being implemented by regional governments, and also along with current laws and regulatory acts of Russia and its constituent entities. The formulation of the Concept took account of the Company’s past experience of interaction with regional governments and local communities.

The Company’s’ regional policy is mainly implemented through social and economic agreements with regional and municipal (local) administrations. The procedure for preparing and signing such social and economic agreements is regulated by the Company’s corporate standard entitled Procedure for Preparing and Signing Social and Economic Agreements.

The agreements set out mutual obligations which are assumed by the Company and its partner regions in initiatives such as economic cooperation, joint measures to develop the engineering and scientific potential of a specific region, or steps to address social and environmental issues.

The agreements set out mutual obligations which are assumed by the Company and its partner regions in initiatives such as economic cooperation, joint measures to develop the engineering and scientific potential of a specific region, or steps to address social and environmental issues.

In 2011, the Company signed 26 socio‑economic agreements with federal subjects and municipalities, including the governments of Yamal-Nenets Autonomous District, Khanty-Mansiysk Autonomous District, Omsk Region, Ulyanovsk Region, Orenburg Region, Tomsk Region and Tyumen Region. In 2011 Gazprom Neft designed and adopted a corporate Charity Program.

Total charity spending by Gazprom Neft in 2011 was RUB 1,440 mn, of which RUB 1,403 mn was spent on charity programs as part of socio-economic agreements signed with administrations in the Company’s regions of presence, and RUB 37 mn was spent to finance implementation of the special program to address shortages of donor blood in Russia.

The Company is keen to support junior sport, since spending for these purposes represents an investment in the health of the next generation of Russia’s citizens. A good example of the Company’s efforts in this direction is the annual ice-hockey tournament, the Gazprom Neft Cup for junior teams in the Continental Ice-Hockey League.