Sustainability

Corporate Social Responsibility

Voyvozhneft runs a successful business taking into account the basic universal human values and general corporate and national development priorities. The Company’s social and environmental responsibility towards its operating regions is crucial to its success in the long term. Voyvozhneft is convinced that sustainable growth is impossible unless the interests of all parties (shareholders, consumers, employees and the local community) are considered. The principles of Voyvozhneft corporate social responsibility

We will continue to be a positive influence in communities. We will foster constructive working relationships, build alliances, address sustainable development issues and contribute to the viability of communities where we operate.

Capacity building is the establishment of sustainable mechanisms that allow a community or nation to empower itself by developing its human capital. Developing local citizens better prepares a community or nation to face and resolve development issues in a responsible and sustainable manner.

Voyvozhneft invests in long-term, sustainable programs to improve quality of life in communities where we live and operate.
We start by initiating proactive dialogue and building effective relationships with individuals and groups that may have a stake in Voyvozhneft projects or operations. We believe this stakeholder engagement must be a core business activity.

Voyvozhneft promotes responsible community interactions and provides community development guidelines and related tools to help operating units build sustainable social programs. Philanthropy is integral to our business and an investment in communities where we live and work. We focus our resources where we can have the greatest impact on issues that affect the long-term value of our assets and communities.

Our main objectives in the sphere of corporate social responsibility:

  • Improving corporate governance practice
  • Increasing confidence in the Company and improving its reputation
  • Creating social environment which is favourable for achieving strategic business goals
  • Encouraging a positive attitude to the Company, its subsidiaries and affiliates on the part of federal, regional and local authorities
  • Improving the quality of stakeholders’ life
  • Improving the quality of life of the Company’s employees, as well as of the personnel of its subsidiaries and affiliates
  • Ensuring occupational safety and talent development
  • Effectively cooperating with the Government and society in tackling social issues
  • Engaging in constructive dialogue and promoting cooperation between the Company and its main stakeholders
  • Protecting the environment.