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Sakhalin Energy Is One of the First in Russia to Publish the 2020 Sustainable Development Report

The key focus of the company’s report 2020 (in Russian) is continuous improvement.

Roman Dashkov, Chief Executive Officer noted in his opening address: “Sakhalin Energy has always strived for more, so it will strictly adhere to the principles of continuous improvement and sustainable development, considering them the key to the company’s long-term competitiveness”.

The focus on continuous improvement provides the opportunity for Sakhalin Energy to remain competitive and ensure the long-term development of the company.

The past year was a time of challenges due to COVID-19 pandemic and associated macroeconomic conditions, however a timely reaction to unprecedented difficulties allowed the Company to achieve high performance indicators throughout the year.

Sakhalin Energy maintained safety of employees and uninterrupted operation of production facilities.

High reliability performance of the company facilities along with the best results in process safety in the entire history of the Sakhalin-2 project allowed to produce and ship the record volumes of LNG to the customers − over 11.6 million tonnes. Due to application of innovative integrated business solutions the share of Sakhalin LNG in 2020 was about 3.3% of the global demand and about 4.6% of consumption in the Asia-Pacific Region.

The company strictly followed the chosen vector of continuous improvements and modifications in all areas outlined in the Report: economic, environmental and social activities.

The document complies with the Global Reporting Initiative (GRI) standards. During preparation of the 2020 Report, various interfacing mechanisms were used to identify important and relevant issues including communication sessions with personnel, electronic questionnaires and discussions with the stakeholders which were held online for the first time.

The report passed the external public assurance (External Public Assurance Procedure) for the corporate non-financial reports at the highest professional level in the Russian Federation − an independent expert assessment (public assurance) of the Council for Non-Financial Reporting of the Russian Union of Industrialists and Entrepreneurs and became the first non-financial report for 2020 which passed the public assurance of the Council of the Russian Union of Industrialists and Entrepreneurs.

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All Sakhalin Energy SD reports.

2 April 2021

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