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Rosneft Publishes 2024 Sustainability Report

13 August 2025

Rosneft Oil Company's Board of Directors has approved the 2024 Sustainability Report.

The document presents the Company's achievements in sustainable development, reflects its contribution to the development of national projects in the Russian Federation, and discloses key economic and environmental indicators, information about scientific and social projects, cultural and sporting events.

In 2024, Rosneft continued implementing the main objectives of its strategy aimed at increasing operational efficiency, caring for people and protecting the environment.

The Company is the country's largest taxpayer and has for many years made a substantial contribution to ensuring the stability of the budget system, promoting Russia's socio-economic development.  Rosneft actively participates in infrastructure development and the implementation of social projects, including in healthcare, education, culture and environmental protection, in the regions where it operates.

Environmental responsibility is one of Rosneft's key priorities. The Company has consistently increased the volume of green investments: by year-end it reached 74 billion roubles, and over the past three years – nearly 200 billion roubles. The funds are allocated to programmes for improving pipeline reliability, constructing associated petroleum gas utilisation infrastructure, reducing emissions and other projects.

Rosneft's tree-planting efforts make a key contribution to preserving our country's ecological balance: in 2024, over 11 million trees of various species were planted across the country. Over the past three years, Rosneft has planted approximately 37 million seedlings – the total planting area is comparable to the size of Paris.

Rosneft applies the circular economic principles in water use. In 2024, the share of recycled and reused water exceeded 93.7% of the total volume of water used for production needs. This has reduced the volumes of "fresh" water taken from the external environment.  The Company's total expenditure on wastewater management activities in 2024 amounted to 12 billion roubles.

In 2024, Rosneft continued land remediation work, including legacy lands. Since 2022, over 280 hectares have been restored, including 45 hectares last year.  Several major Company enterprises have completely finished remediation of legacy lands.

The Company continues its biodiversity research and protection project – in 2024 it launched the unique Tamura programme, aimed at obtaining information about the status of key animal species in the Arctic region.  Rosneft's Scientific Centre organised five expeditions when  scientists studied the Kara Sea subpopulation of polar bears, wild reindeer and rare bird species.  The total length of aviation and water routes amounted to nearly 20,000 kilometres.

Continuous implementation of modern technologies is one of Rosneft's development drivers. The total portfolio of registered patents exceeded 1,100 innovative developments in 2024.

Rosneft is the first Russian oil company to have successfully created in-house software to address operational challenges in geology, engineering, development and field operations. Today, the Company's range of science-intensive software includes 24 software products, 17 of which have already been implemented in production activities.

In 2024, Rosneft continued systematic work on creating comfortable and safe conditions for employees, including those working in remote areas and harsh climatic conditions. One of the key areas of work was developing the "smart settlement" concept – a modern format of shift infrastructure with digital services, mobile applications and automated domestic systems.

Rosneft supports initiatives in education and youth development, undertakes construction and renovation of educational institutions in its regions of operation. For example, a new kindergarten for 320 children was built in Nizhnevartovsk, a new multifunctional educational centre with an area of over 2,000 square metres was built in the village of Elan-Chishma (Republic of Bashkortostan), and two schools were renovated in Syzran. Thanks to the Company's assistance, a new outpatient clinic was opened in Ufa, and medical equipment was supplied to three hospitals in the Republic of Bashkortostan, Tyumen and Samara regions.

The Company actively develops the Platform of Good Deeds volunteer movement.  In 2024, Rosneft enterprises conducted nearly 2,000 volunteer events and projects involving 106,000 employees. Corporate volunteering plays an important role in addressing pressing social and environmental challenges in Rosneft's regions of operation.

An important part of the Company's social activities is the corporate sports and wellness Energy of Life programme, in which employees regularly participate and compete in various sports disciplines. The movement grows annually, and by the end of 2024 it united nearly 128,000 workers, representing almost 40% of Rosneft's total workforce.

For reference:

The Sustainability Report is Rosneft's public non-financial report aimed at informing a wide range of stakeholders, including shareholders, investors, representatives of state and municipal authorities, employees, partners and clients, public and environmental organisations, scientific and educational institutions. The document has been prepared using international standards of the Global Reporting Initiative GRI 2021.

Department of Information and Advertising
Rosneft
August 13, 2025

Keywords: Corporate Governance 2025