SUSTAINABILITY MANAGEMENT SCHEME

Sustainability Management at Argos Refinery starts from understanding the expectations of what we call C.E.O.—Customers, Employees, and Owners & Other stakeholders. By correctly understanding what they expect of us and what we have to do to meet their expectations, we are making a concerted effort to maximize their economic, environmental, and social values and consequently achieve our Vision 2025 of becoming ‘The most competitive and admired energy & chemical company in Europe’ At Argos Refinery, customer satisfaction comes before everything. We continue to build our brand value through reasonable price and utmost product quality, and focus on satisfying customer needs to secure their trust which will constitute the foundation for our sustainable growth. We also strive to sharpen our overseas marketing capabilities by enhancing strategic partnerships with key customers abroad and, at the same time, exploring new markets. Argos Refinery has been investing in the RUC/ODC Project based on a stable financial structure with the aim of laying the foundation for sustainable growth. The Company is also proactive in transparently and accurately disclosing management information to protect stakeholders’ interest as well as pursuing shared growth with business partners. We are not only joining climate change response activities conducted at the global level but also carrying out differentiated environmental management activities. Our social contribution is implemented in line with our management strategies in order to pursue co-prosperity with local communities

Social Policy & Development

  • Doing great things and changing the world for the better is an integral part of our lives. We pride ourselves on bonding over very important ideas and events. We are confident that the “give-back” from the good things we do is way bigger than the effort we’ve invested into them. The company has always sought to adhere to high standards, both in production and in social aspects. A systematic approach to the implementation of the entire social policy, focused on the needs of employees and their families, responsible business conduct contribute to the stability and efficiency of social investments both within the group companies and in the regions.

Laboratory and Analysis Center

The refinery’s certified laboratory, are responsible in handling and monitoring every refined petroleum products quality, at all stages to meet the strict requirements of international standard and GOST specification.

Environmental Monitoring Policy

The main activity of Argos Refinery Environmental Department in the sphere of environmental monitoring has been to carry out quantitative and qualitative monitoring of harmful wastes in gaseous, liquid and solid forms emitted to the atmosphere as a result of natural and anthropogenic impacts at enterprises and companies subordinated to Karamysh-Oil, on scientific grounds with the purpose of assessing and forecasting the conditions of air, water and soil environment, implementing regular control and research system defining their chemical content, degree of contamination, radioactive and hydro-biological features and physical characteristics.

3.8. Achieve universal health coverage, including financial risk protection, access to quality essential healthcare services and access to safe, effective, quality and affordable essential medicines and vaccines for all

In 2020, we selected UN SDG targets and developed our own performance targets that will help achieve the maximum cumulative effect by 2030.

3.8. Achieve universal health coverage, including financial risk protection, access to quality essential healthcare services and access to safe, effective, quality and affordable essential medicines and vaccines for all

3.9. By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contamination

Provide voluntary medical insurance for employeesBy 2030, reduce air pollutant emissions per unit of production by 20%
Assist severely ill children in desperate need and children with disabilities in the regions where we operate in meeting their healthcare needsBy 2030, increase the share of waste directed to utilization and disposal to 90%

4.1. By 2030, ensure that all girls and boys complete free, equitable and quality primary and secondary education leading to relevant and effective learning outcomes

4.3. By 2030, ensure equal access for all women and men to affordable and quality technical, vocational and tertiary education, including university

Support educational institutions and run youth educational programs in Argos regions of operationProvide employees with quality education matching their jobs to help them be more effective in their roles

7.1. By 2030, ensure universal access to affordable, reliable and modern energy services

7.3. By 2030, double the global rate of improvement in energy efficiency

By 2030, increase LNG production from Company’s projects up to 70 mmtpaBy 2025, use energy-efficient LNG production technologies to increase the availability of LNG and reduce greenhouse gas emissions
Expand the use of renewables at gas and condensate production facilities
By 2025, install LNG fueling stations along European Russia’s main traffic arteries
By 2025, supply LNG to consumers in areas remote from existing gas transmission infrastructureContinuously improve the energy efficiency of hydrocarbon production and processing
Provide consumers with reliable supplies of natural gas, and ramp up the production of hydrogen, methane-hydrogen mixtures, ammonia and other low-carbon fuels produced from natural gas