Social and Economic Development of Regions and Charity in 2019
The Company consistently implements initiatives that contribute to sustainable social and economic development of the regions. In 2019, Rosneft continued to develop a systemic approach to resolving social issues and managing social investments, while contributing to social risk mitigation, ensuring successful long-term relations with our regions of operation and strengthening Rosneft's reputation as a socially responsible business. While implementing charity and support programmes in the regions of operation, the Company strictly observes the principle of non-involvement in corruption activities.
In accordance with Federal Law No. 135-FZ On Charitable Activity and Charitable Organisations dated 11 August 1995, which governs charity matters, the Company supports diverse projects address ing social issues in the regions of its operation.
At that, when determining recipients and social areas for charitable support, the Company aims at social and infrastructural projects that would have the largest social impact and immediately benefit the community (including the Company employees and their families).
In its charitable activities, the Company prioritises social investments in the regions as per cooperation agreements with regional authorities.
In 2019, the agreements on social and economic cooperation with the regional authorities allocated funds for the development of social services in the Republic of Bashkortostan, Republic of Sakha (Yakutia), Irkutsk, Kostroma, Orenburg, and Tyumen Regions, Khanty-Mansi Autonomous Area – Yugra, and Yamal-Nenets Autonomous Area.
Within the cooperation agreements involving the Company’s financing, the infrastructure of municipal districts and settlements is improved, a comfortable urban environment created; municipal territories upgraded, engineering and transportation system equipment, power and heat supply facilities repaired or replaced, and measures taken to protect the community and territories from emergencies and to ensure fire safety.
A key area of Rosneft's charity is still the support of physical training and mass sports. Rosneft strives to provide all kinds of opportunities and allocates funds for local residents to engage in sports and physical training and promote a healthy lifestyle among them.
The Company traditionally contributes to the development and promotion of mass and children's sports, work of sports organisations, construction of sports and fitness facilities, as well as improvement of technical infrastructure and purchase of equipment for sports schools catering for children and young people, and educational institutions.
Yet another focus of Rosneft's charity is support of indigenous minorities of the North.
In 2019, as part of its charity activities, the Company sponsored the distinctive cultures and traditional industries, and supported improvement of the housing conditions of indigenous minorities in the regions of its operation.
In the areas inhabited by those indigenous minorities, Rosneft supports the improvement of infrastructure, purchase of tools for traditional subsistence activities, purchase of fuel and lubricants, summer resort health treatment programmes, and finances of participation in exhibitions, trade fairs, contests and sporting events, as well as other activities dedicated to the indigenous culture of the North.
Significant support is provided for indigenous children and young people to take part in various educational (including payment of student tuition fees) and health improvement programmes.
In line with its annual charity plans, in 2019 the Company also focused on development of culture, healthcare, education and science, support of pre-school and social institutions, public associations uniting disabled people, war and labour veterans (e.g. financial aid), as well as of celebratory events held on the occasion of the Victory in the Great Patriotic War..