Following the results of 2020, the volume of hydrogen production at Rosneft enterprises amounted to about 400 thousand tons, taking into account overseas assets. Hydrogen is made for the company’s own reference purposes, which eliminates commercial risks. About this “Lente.ru” reported in the press service of Rosneft.
Rosneft became the first Russian company, which presented a carbon management plan until 2035. As part of this plan, the company plans to reduce emissions in oil and gas produce by 30 percent, reach the intensity of methane emissions below 0.25 percent and prevent greenhouse gas emissions in the amount of 20 million tons of carbon dioxide equivalent. Rosneft also worries the possibility of minimizing the carbon trace in the production of hydrogen. Now the plant for the production of hydrogen is almost all processing plants of the company.
In the framework of the carbon management plan until 2035, Rosneft will consider the possibility of using technologies, disposal and carbon storage (CCS / CCU) on the existing hydrogen installations. These technologies will significantly reduce emissions and proceed to the production of “blue” hydrogen.
Rosneft also continues to strengthen positions in leading international ESG ratings (ESG – sustainable development and responsible investment).
Sustainalytics, the international rating agency in the ESG field, improved the company’s position on a record 4.7 points to 34.7. Rosneft demonstrated the most positive dynamics among competitors.
In 2020, the company presented an updated public position “Rosneft: Contribution to the implementation of the United Nations Sustainable Development Goals”, the public position of the company in the field of human rights and a declaration in compliance with human rights when interacting with suppliers of goods, works, services.
Rosneft announced the targets in the framework of the “carbon management plan to 2035”, considered by the Board of Directors of Rosneft in December 2020. The plan provides for the achievement of key purposes: preventing greenhouse gas emissions in the amount of up to 20 million tons of CO2 equivalent, reducing the intensity of emissions in oil and gas produce by 30 percent, achieving the intensity of methane emissions below 0.25 percent, as well as zero routine incineration of associated gas.
Since 2007, Rosneft has published reports in the field of sustainable development in accordance with international reporting initiative standards (GLOBAL Reporting Initiative, GRI). For more than ten years, the company is a member of the UN Global Treaty, thereby confirming the adherence to the highest principles of sustainable development.
Rosneft for the second year in a row included in the list of companies participating in the FTSE4Good Exchange Indexes Group with high assessment of environmental protection, social responsibility and management (ESG), as well as transparency in information disclosure.