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Sakhalin Energy Holds Its First On-line Public Dialogue Meeting

In the preparation of the 2020 annual sustainable development report, the company held an open dialogue meeting with its stakeholders, using modern on-line technologies.

. It was the first time that a dialogue meeting had been held in the format of a video-conference, which allowed the company’s stakeholders outside the region, as well as those in remote areas of the Sakhalin Oblast to participate in the event.

The meeting was attended by representatives of regional and municipal authorities, non-profit organisations, cultural and educational institutions, experts in corporate social responsibility and sustainable development, representatives of the Russian Union of Industrialists and Entrepreneurs (RSPP), the World Wildlife Fund (WWF) Russia, the Russian Managers Association (RMA), and other organisations.

The company’s specialists made reports on the interim results for 2020 in all areas of activity. Just like the rest of the world, Sakhalin Energy faced unprecedented challenges this year, caused by the coronavirus pandemic and the economic crisis. The company had to make every effort to maintain the continuity of production, to ensure the safety of operations and financial stability, and to take all necessary measures to protect the health of Sakhalin Energy employees and contractors.

According to Denis Lutsev, Onshore Assets Manager, the challenges of 2020 triggered the acceleration of the processes launched in the company in recent years. “These include digital transformation and associated new methods of work. In the conditions of the pandemic and related restrictions, we were able to apply technologies that allowed us to get instant access to people, knowledge, data no matter how remote they were. I must stress that the whole scope of planned repairs, critical for safety assurance, compliance with legal requirements and production reliability, was carried out efficiently, on time and without any incidents with loss of working time,” added Denis Lutsev.

In their questions, the participants in the dialogue meeting also raised the issue of safety. In particular, Alexey Limanzo, Sakhalin Indigenous Minorities representative in the Sakhalin Oblast Duma, was interested in the measures that the company is taking to prevent the spread of COVID-19 in the Nogliki District, one of the key areas of the Sakhalin-2 project. The representatives of the company spoke about its close cooperation with the regional department of Rospotrebnadzor and the medical institutions of the Sakhalin Oblast, strict compliance with all requirements of federal and regional authorities, and additional initiatives. In particular, the company provided financial aid to medical institutions on Sakhalin in the amount of more than RUB 32 million, which was used to purchase medical equipment and materials to combat COVID-19.

During the discussion, special attention was given to interaction with the Sakhalin Indigenous Minorities and the development of the Fourth Sakhalin Indigenous Minorities Development Plan. Ekaterina Koroleva, a member of the Public Chamber of the Sakhalin Oblast and Vice-President of Slow Food in Russia, emphasised the fruitful work accomplished jointly by the indigenous peoples and Sakhalin Energy. “In the past fifteen years, ‘dialogue’ and ‘sustainable development’ have been the key words for the company; the most important feature that distinguishes the company from other enterprises is its support for public initiatives,” commented Ekaterina Koroleva.

Tatyana Derivedmid, Head of the Sakhalin Energy Public Relations Division, pointed out that the Sustainable Development Report is one of the effective tools for interaction between businesses and stakeholders; for this reason, Sakhalin Energy could not forego direct dialogue with representatives of the community despite the unfavourable epidemiological situation caused by the pandemic. “In addition to questionnaires, surveys and direct communication, such meetings, which are now held in the online format, allow us to get feedback from the population and all other stakeholders on topics which, in their opinion, must be included in the report. This is what transparency and materiality − the key principles in the preparation of our non-financial reporting − consist in.”

According to Marina Ozeryanskaya, Advisor to the RSPP Centre for Corporate Social Responsibility and Non-Financial Reporting, Sakhalin Energy’s annual Sustainable Development Reports are prepared at a high quality level, disclosing data on the social, economic and environmental aspects of its activities for several years. Referring to the future report, the RSPP Advisor recommended the following: “The best practices of reporting information disclosure show that it is advisable to present the company’s indicators in the key areas of corporate responsibility, sustainable development and the achievement of the SDGs for at least three past years with simultaneous indication of measurable targets for the upcoming reporting period.”

Sakhalin Energy holds open dialogue meetings twice a year. In February 2021, the company will hold the second round of the dialogue to provide additional information on the results of work for 2020, and also complete responses to previously asked questions and comments.

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19 November 2020

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