Our Principle

LLC "BASHNEFT - POLYUS" Sustainable Development Concept

In its activities the Company pursues the sustainable development principles and aims to ensure a good balance between socio-economic and environmental development. The Company's Sustainable Development Concept includes the following:

  • Closer attention to the environmental consequences of major activities, mitigation of environmental impact and negative climatic effects;
  • Introduction of technological, managerial and scientific innovations to business processes;
  • Search for solutions and engineering processes to secure energy and resource saving;
  • Search for alternative energy sources;
  • Production of environmentally-friendly products.

LLC "BASHNEFT - POLYUS" upholds the principles of the Global Compact and of the Social Charter of Russian Business, which is reflected in the Company's activities that contribute to sustainable economic growth and social responsibility enhancement.

Social Responsibility

LLC "BASHNEFT - POLYUS" is a responsible member of the civil society and a bona fide player on the market. While realizing its responsibility towards all the stakeholders in the regions of its presence, the Company pursues a socially responsible policy in the area of environmental protection and environmental management system, handles labor and employment issues, organizes large-scale charitable events and sponsorship campaigns.


Sustainable Development Project

Sustainable development objectives are integrated into the general business strategy and achieved as part of the target programs and development plans developed for specific business segments. While developing and approving plans, budgets and investment programs, the Board of Directors takes into account the objectives outlined in the Environmental Safety Program of the LLC "BASHNEFT - POLYUS", as well as in the Policy and Functional Strategy for Personnel Management, and in the charity and sponsorship programs. Achievement of strategic objectives is monitored at the strategic and operative levels.

Relations with Stakeholders

Relations with stakeholders is one of the key components of the business process management system. The key groups of stakeholders are defined in a number of the Company's regulations, including: LLC "BASHNEFT - POLYUS" Code of Business Conduct; Social Code of LLC "BASHNEFT - POLYUS"; LLC "BASHNEFT - POLYUS" Health, Safety, and Environmental Policy in the XXI Century; LLC "BASHNEFT - POLYUS" Human Resources Management Policy.

Personal and Union Labour

The Company pays special attention to the terms of employment that are fully c ompliant with the legitimate rights of employees and ensure best practice sharing. Programs that maintain and improve the efficient health and social protection program are under way. Despite the challenging economic environment, the Company was able to avoid mass layoffs. The Company continuously keeps an eye on the efficiency of its incentive program.

The Public

The Company interacts with a wide range of public, business, and municipal organizations making use of various cooperation frameworks. In addition to the Social and Cultural Projects Competition – a common interaction mechanism in all of the Company's regions of presence – the Company also makes use of other forms.