Sustainable development is development that satisfies the needs of the present without compromising the ability of future generations to meet their own needsGOST R 54598.1-2015. National standard of the Russian Federation. Management of sustainable development.
The Gazprom Group’s Sustainability Report 2020 (the Report) highlights the Gazprom Group’s contribution to the country’s economic development, well-being of employees and the general population, environmental protection, and climate protection. The Report contains disclosures on the Gazprom Group’s corporate governance and values, its input in achieving the Sustainable Development Goals outlined in the United Nations 2030 Agenda and implementing Russia’s national projects.
The Report for the year 2020 is the ninth Sustainability Report of the Gazprom Group. The previous Report was published in September 2019.
|Report name||Gazprom Group’s Sustainability Report|
|Reporting period||From January 1 to December 31, 2020 (calendar year)|
|Reporting standards, indicators, principles|
|Independent professional auditor’s approval||Financial and Accounting Consultants Limited Liability Company (FBK LLC)|
|Public endorsement||Council on Non-Financial Statements of the Russian Union of Industrialists and Entrepreneurs (RUIE)|
|Public consultations||Stakeholder representatives|
Report Preparation and Approval
To prepare the Report, the Company set up a Task Force involving members from various structural units and subsidiaries of PJSC Gazprom who coordinate the activities on the focal areas of sustainable development and engage with stakeholder groups.
At the end of 2020, to further improve the non-financial reporting framework, the Procedure for Preparation, Publishing and Distribution of the Gazprom Group’s Sustainability ReportApproved by order of PJSC Gazprom No. 20 dated January 20, 2020 (as amended by order of PJSC Gazprom No. 24 dated January 19, 2021) was updated. Decisions were made to speed up the preparation and disclosure of the Reports and to include them in materials for shareholder meetingsApproved by resolution of the Management Committee of PJSC Gazprom No. 1 dated January 28, 2021.
The information included in the Report is confirmed by the heads of dedicated units. The Report is approved by the Chairman of the Management Committee of PJSC Gazprom.
Approach to Presenting Indicators
For comparability purposes, the Report shows the majority of key indicators for a four-year period (2017–2020). Disaggregated data provided throughout the Report may not add up precisely to the relevant totals presented in consolidated financial statements and management accounts due to rounding. The Plans subsections of the Report contain forward-looking information. The Group’s actual performance achieved afterwards may differ from forecasts due to objective factors.
The Report includes the information about the Gazprom Group companies in line with the scope of consolidated statements under IFRS 10 Consolidated Financial Statements, unless specified otherwise. Due to the existing differences in data gathering and consolidation, certain groups of disclosures may have their individual boundaries (specified in Appendix).
Report Publication and Distribution
The Report is publicly available in the Russian and English languages on the Company’s website and is also available in an interactive version.
The printed version is distributed to the key stakeholders by direct mail.