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Tatneft OAO is a publicly listed company headquartered in Russian Federation. It is one of the largest Russian oil companies, with its main activities in exploring, producing and marketing crude oil and refined products. In 2022, its revenue was USD 17.4 billion and it employed over 65,000 people.
Summary
Tatneft ranks 78th overall and 40th in the Extractives sector. Its best performance is on remedies and grievance mechanisms. It has a particular opportunity to improve on embedding respect and human rights due diligence.
The company has established a grievance mechanism for workers and external individuals to raise human rights complaints. It commits to non-retaliation for whistle blowers and discloses information about the timeframe and process for handling grievances.
Tatneft has an opportunity to disclose how it embeds its human rights commitments by allocating responsibility for implementing its human rights policies, providing training on human rights, and having a process to identify and mitigate its salient human rights risks. The company could also improve on topics related to board level accountability by disclosing how it reviews its business model and strategy for inherent human rights risks and how it creates incentives for good human rights performance.
Ranking position
#78
/110
Total score
10.0
/100
Measurement theme
Score
Rank (0-110)
Measurement theme
Governance and policy commitments
Score
# 1
1.7
/10
Rank (0-110)
#66
Measurement theme
Embedding respect and human rights due diligence
Score
# 1
0.7
/25
Rank (0-110)
#84
Measurement theme
Remedies and grievance mechanisms
Score
# 1
3.5
/20
Rank (0-110)
#58
Measurement theme
Performance: Practices
Score
# 1
2.1
/25
Rank (0-110)
#73
Measurement theme
Performance: Responses
Score
# 1
2.0
/20
Rank (0-110)
#72
Sector
Sector
Extractives
#40
19483