The AK&M rating agency has confirmed RNG JSC's sustainable development rating on the national scale "A", a fair state of sustainable development with a stable outlook. The Environment component received an "A" rating. The "Social Responsibility" component received an "A" rating. The "Corporate Governance" component received an "A" rating. The final rating of the company corresponds to the "ESG-A" level according to the ESG rating scale recommended by the Central Bank of the Russian Federation.
The "A" rating means that RNG JSC belongs to the class of Russian companies with a high degree of stability. The risk of harming the opportunities of future generations is negligible. The rating was assigned based on the "Methodology for determining the rating of sustainable development of Russian companies" ed. dated June 21, 2022
RNG JSC is a modern enterprise in the oil and gas industry of the Far Eastern Federal District of Russia, operating in the Mirninsky district of the Republic of Sakha (Yakutia). Since 2010, he has held a license for the exploration and production of hydrocarbons at the site of the Eastern blocks of the Srednebotuobinsk oil and gas condensate field (WB SB NGKM), which began commercial operation in 2019. The main office is located in Moscow, offices of separate divisions are located in Yakutsk, Mirny, Ust-Kut, Samara, Lensk and Tyumen.
Following the principles of sustainable development in RNG JSC is based on a responsible attitude to the environment, on improving society and on the effectiveness of corporate governance.
The Agency highly appreciates the level of RNG JSC's approach to environmental issues.
The factors supporting the rating of RNG JSC are the current official policy of rational use of natural resources, the effective functioning of the environmental management system and significant annual contributions to environmental protection.
The agency positively assesses the company's responsible attitude to the conservation of biological diversity. Since 2018, the environmentalists of RNG JSC have released 2.75 million tons into the rivers of the region. larvae of whitefish species.
RNG JSC is taking productive measures to prevent oil spills, introducing modern industry developments in the field of geological exploration, field development, automated production management, and the organization of the most efficient infrastructure.
The active participation of RNG JSC in environmental social movements is considered as a positive factor. In 2024, the company continued to implement initiatives to restore Yakutia's forests, and for the fourth year in a row, it supports the international children's and youth award "Ecology is Everyone's Business."
The Agency considers the company's approach to human capital development to be high.
The Agency is pleased to note the growth in the number of staff over the past two years. As part of employment support, it should be noted that RNG JSC is annually included in the final of the national ranking of the best employers in Russia, and since 2019 it has been participating in the program of the Government of Yakutia "Local personnel to Industry".
The company fully ensures the social protection of its employees and strives to create a comfortable working environment. Modern conditions for a high-quality life have been created in the shift complexes of RNG JSC, which are significantly remote from large settlements. In 2024, the company upgraded its shift complexes, and a new dormitory and canteen appeared at the base of the World Bank SB NGKM fishery.
RNG JSC is guided by the principles of equality, openness and justice, recognizes the importance of fundamental human rights and freedoms. Regarding the gender distribution, it is worth noting a fairly high proportion of women in the staff, its steady growth and compliance with industry averages.
During the reporting period, the company implemented and maintains an occupational safety and health management system certified according to the international standard ISO 45001:2018, which is positively assessed by the agency.
The agency recognizes the effective cooperation of RNG JSC with regional authorities and the local community as a positive factor.
The Agency notes the high level of approach of RNG JSC to building an effective corporate governance structure and creating an impeccable business reputation.
The Agency positively assesses the quality of RNG's corporate governance, the high efficiency of the Board of Directors on sustainable development, the professionalism and competence of top management, and the availability of a development strategy.
Full name: RNG Joint Stock Company.
Abbreviated name: JSC RNG.
RNG JSC was registered on December 18, 2003.
For the first time, the AK&M rating agency awarded RNG JSC a sustainable development rating for a Russian company on June 10, 2021. The last rating action was conducted on July 26, 2024. All messages about rating actions are published on the website. akmrating.ru .
The rating is valid until June 2026. During this period, if factors are identified that dramatically affect the level of the Russian company's sustainability rating, the AK&M Rating Agency has the right to change the assigned rating and forecast.
