Social Report of TATNEFT Took First Place in Contest
OREANDA-NEWS. November 25, 2014. The Sustainable Development and Social Responsibility Report of JSC TATNEFT for 2013 became a winner of the XVIIth Moscow Stock Exchange Annual Reports Contest in the category "Best Report on Corporate Social Responsibility and Sustainable Development for 2013".
The Annual Reports Contest held by the Moscow Stock Exchange in conjunction with the RZB media group has been organized since 1998 for the purpose of maintaining a high level of companies' transparency and promoting effective information disclosure to investors and customers.
149 companies representing virtually all the economy sectors participated in the contest this year. The contest's jury consisted of experts, including representatives of consulting, investment and management companies, information and communications agencies, the Bank of Russia, professional associations and community organizations.
The nomination, in which TATNEFT Company was recognized as the best, had been established by the Russian Union of Industrialists and Entrepreneurs. There were the reports of 24 leading Russian companies participating in the nomination this year.
JSC TATNEFT has been annually publishing the Company's social responsibility report since 2005. The Sustainable Development and Social Responsibility Report of JSC TATNEFT for 2013 had been drafted on the basis of the Sustainability Reporting Guidelines of the Global Reporting Initiative (GRI) and AA1000 Stakeholder Engagement Standard, with due account for the principles of the International ISO 26000 Standard "Social Responsibility Guidance" and the Social Charter of Russian Business (RSPP). The report had been certified by an independent party: JSC "Bureau Veritas Certification Rus", and passed the procedure of public endorsement by the Council of the RSPP on the non-financial reporting.
The report presents the detailed information about the Company's activities in the field of the economic stability support, improving environmental protection and maintaining the social welfare of the Company's staff and residents of the regions of the Company's activities.
This report reveals the detailed aspects of the Company's activities not included in the annual report of the Company. The Sustainable Development and Social Responsibility Report and the Annual Report include the comprehensive information for an in-depth and comprehensive analysis of the Company's activities taking into account long-term prospects.
Electronic versions of the Report on Sustainable Development and Social Responsibility are placed on the website of the Company www.tatneft.ru.
The activities of JSC TATNEFT in preparing the social reporting used to repeatedly receive public recognition. Another success in the prestigious contest is the appreciation of the activities of the Company, paying a lot of attention to the social responsibility of business.
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