Gazprom improving its industrial and environmental safety efforts

The Gazprom Board of Directors expressed approval of the Company’s ongoing occupational, industrial and fire safety efforts and environmental protection measures.

It was noted that the Company traditionally places great emphasis on these areas of work.

Gazprom has an Occupational, Industrial and Fire Safety Policy. The Policy is based on the vertically-organized Integrated System of Industrial Safety Management, which applies to Gazprom and its 112 subsidiaries. It helps reduce the risks of accidents, emergencies, and fires. The 2018 surveillance audit confirmed the compliance of Gazprom’s Integrated System with the OHSAS 18001:2007 international standard.

The purpose of the corporate Environmental Policy is to continuously reduce the Company’s environmental impacts. For instance, between 2013 and 2017, air emissions were cut down by 9 per cent, waste generation by 27 per cent, and waste requiring landfill disposal by 39 per cent. In 2018, this downward trend was sustained.

Gazprom’s Environmental Management System (EMS) meets the requirements of the updated ISO 14001:2015 international standard, as confirmed by the audits carried out in 2017 and 2018. An essential element of the EMS is Russia’s only corporate Environmental Inspectorate. In 2018, it conducted 250 inspections, including 169 internal EMS audits.

In December 2018, 21 subsidiaries of the Company finished automating the Environmental Management business process. For the first time in Russian history, a single software package was created to manage the entire environmental protection chain of a vertically-integrated company, from collecting and processing initial data supplied by industrial facilities to generating consolidated reports and transferring them to corporate and governmental information systems. The software package was developed using a Russian platform.

In addition, the Gazprom Board of Directors took note of the information on the current situation and future prospects of the fuel and lubricants market.

It was highlighted that the production and supply of basic petroleum products in the Russian market were growing faster than expected. The Gazprom Group’s processing companies play a vital role in this regard. Both current and forecast balance of supply and demand in the country as a whole indicates zero risk of shortages in the fuel market.

With a view to facilitating long-term stability in this sector, the Management Committee was instructed to continue working with government authorities to improve the tax legislation that governs the production and distribution of vehicle fuel.