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102<br />

Environment and Social Responsibility<br />

In 2014, supervisory authorities imposed a total of RUB 16.3mm of fines, including RUB 10mm<br />

imposed on <strong>Gazprom</strong> neft Group’s companies. Out of the said RUB 10mm of fines against<br />

<strong>Gazprom</strong> neft Group’s companies RUB 4.8mm were levied against OAO <strong>Gazprom</strong>neft — Moscow<br />

Refinery based on the results of inspections by the Federal Supervisory Natural Resources Management<br />

Service (Rosprirodnadzor), the Russian Federal Service for Surveillance on Consumer<br />

Rights Protection and Human Wellbeing (Rospotrebnadzor), and the Moscow Inter-District Environmental<br />

Prosecutor’s Office. The fines were imposed on the refinery as part of the efforts to<br />

address the problematic environmental situation in Moscow. The court dismissed as unlawful<br />

some of the fines, totaling RUB 1mm, and another RUB 1.3mm of fines are currently being appealed<br />

in court (and have not been paid).<br />

In 2014, <strong>Gazprom</strong> Group’s companies paid RUB 17.7mm of fines, including RUB 10.9mm for<br />

irregularities identified during the reporting period and RUB 6.8mm for previous years.<br />

Corporate Climate Policy<br />

OAO <strong>Gazprom</strong>’s<br />

greenhouse gas<br />

stocktaking system<br />

complies with national<br />

and international<br />

requirements.<br />

OAO <strong>Gazprom</strong>’s efforts to reduce its climate footprint are guided by Russia’s Energy Strategy<br />

to 2030, the Russian State Environmental Protection Programme 2012–2020 and the Climate<br />

Doctrine of the Russian Federation.<br />

Reduction of greenhouse gas emissions is an essential part of OAO <strong>Gazprom</strong>’s corporate<br />

strategy. It helps the Company maintain top scores in global sustainability ratings and contribute<br />

to the achievement of the national target of no more than 75% from the 1990 emissions level by<br />

2020, approved by Russia President’s Executive Order No. 752 dated 30 September 2013.<br />

In 2014, greenhouse gas emissions at facilities of OAO <strong>Gazprom</strong> and its wholly-owned subsidiaries<br />

engaged in exploration, production, transportation, storage and processing of hydrocarbons<br />

totalled 110.7 mm tonnes of CO 2<br />

equivalent. The emissions reduction was driven by a decrease<br />

in the natural gas consumption in compression process, more efficient use of fuel and<br />

energy resources (FER) and the implementation of other energy-saving initiatives.<br />

Greenhouse gas emissions at facilities of OAO <strong>Gazprom</strong> and its wholly-owned subsidiaries,<br />

mm tonnes of CO 2<br />

equivalent<br />

2012<br />

2013<br />

2014<br />

110.7<br />

123.8<br />

122.2<br />

The greenhouse gas<br />

stocktaking system<br />

was also implemented<br />

in <strong>Gazprom</strong> Group’s<br />

subsidiaries such<br />

as <strong>Gazprom</strong><br />

energoholding,<br />

<strong>Gazprom</strong> neft Group,<br />

and others.<br />

i<br />

Detailed information is presented in<br />

“Exploration and Production” section.<br />

Every year, OAO <strong>Gazprom</strong> submits to Roshydromet (Federal Service for Hydrometeorology<br />

and Environmental Monitoring of Russia) the results of a quantitative assessment of its annual<br />

greenhouse gas emissions for the government agency to compile Russia’s National Greenhouse<br />

Gas Inventory in line with the requirements of the United Nations Framework Convention on<br />

Climate Change (UNFCCC) and Russian laws. OAO <strong>Gazprom</strong> is involved in preparing materials<br />

for Russia’s National Communications on Greenhouse Gas Emissions.<br />

Since 2009, OAO <strong>Gazprom</strong> has participated in the Carbon Disclosure Project (CDP), a global<br />

investor-backed initiative. Starting from 2013, OAO <strong>Gazprom</strong> reports more measures and provides<br />

additional data on indirect greenhouse gas emissions in its responses to CDP’s questionnaires.<br />

The Company significantly improved its rankings in the CDP’s ratings for the Energy Sector<br />

companies vs 2009. In 2011–2014, OAO <strong>Gazprom</strong> obtained the best scores among Russian oil<br />

and gas companies.<br />

Gas flaring reduction projects can greatly contribute to GHG emissions reduction in the oil<br />

and gas sector.<br />

OAO <strong>Gazprom</strong> Annual Report 2014

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