Sustainable Development Management System
Sustainability management is enshrined in the corporate governance system of PJSC Gazprom.
At PJSC Gazprom, overseeing the implementation of the Sustainable Development Policy of the Gazprom Group is the responsibility of the Chairman of PJSC Gazprom's Management Committee, while at subsidiaries this is among the duties of their Directors General.
Structural units of PJSC Gazprom and its subsidiaries and entities manage various sustainable development aspects and implement the Sustainable Development Policy of the Gazprom Group.
Coordination of sustainable development activities of PJSC Gazprom's structural units, subsidiaries and entities is the responsibility of PJSC Gazprom's information policy unit.
PJSC Gazprom has in place the Coordinating Committee for Rational Use of Natural Resources. Its main goal is to coordinate the efforts of PJSC Gazprom's units and entities in rational use of natural resources, energy efficiency, environmental protection and sustainable development.
To insure a comprehensive approach to environmental and energy management and coordination of relevant efforts of PJSC Gazprom's structural units, the Company has the standing Environmental Management Improvement Task Force and Energy Efficiency (Energy Management) Improvement Task Force.
The Company set up the Coordinating Committee for Shareholder and Investor Relations to exercise a comprehensive approach and coordinate the efforts of PJSC Gazprom's structural units as part of ongoing relations with shareholders and investors, including prospective ones. The Coordinating Committee for Shareholder and Investor Relations is tasked with the development and implementation of a unified and consistent shareholder and investor engagement policy. Investor relations are based on an annual plan drafted by the Committee.
The Sustainable Development Council under the Chairman of PJSC Gazprom's Science and Technology Council takes part in sustainability management. The Council reviews the industry's R&D challenges, fuel and energy trends in Russia and abroad, and global energy landscape. It also helps make long-term forecasts on industry growth and PJSC Gazprom's R&D development, drafts proposals on the strategic development of PJSC Gazprom, including concept studies for promising projects, and develops recommendations on introducing advanced technologies, solutions, as well as new forms and methods of production and management.