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Surgutneftegas

Surgutneftegas OAO is a publicly listed fully integrated oil and gas company headquartered in Russia. In 2020, it had USD 24.70 billion in revenue and a reported 116,000 employees*. The company was formed by merging previously state-owned companies with large oil and gas reserves in Western Siberia. Surgutneftegas has no low-carbon transition plan or targets and lacks adequate awareness of climate issues.

Ranking position
#86/100
Total score
1.2/100
Performance score
0.5/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)

Targets

0.0 /100 #38

Material Investment

11.0 /100 #28

Intangible Investment

0.0 /100 #20

Sold products

0.0 /100 #55

Management

5.6 /100 #79

Supplier Engagement

0.0 /100 #57

Client Engagement

0.0 /100 #53

Policy Engagement

10.0 /100 #69

Business Model

0.0 /100 #52

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Surgutneftegas receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. There is no evidence that the company is actively seeking to reduce emissions except when it leads to more efficient production. The only emissions that the company has considered and reported on relate to flaring of associated petroleum gas. There is no evidence that Surgutneftegas intends to change its strategy and business model and align with a 1.5°C pathway.

Progress towards the Paris Agreement

More about the company

Headquarters
Surgut, Surgut, Russia
Group revenue
USD 24.70 billion
Ownership structure
Publicly listed
Number of employees
116,000
Scope of activity
Fully integrated
Website
https://www.surgutneftegas.ru/en/