Moscow, 26 August 2020. SIBUR has published its Sustainability Report that covers the Company’s 2019 operations and performance related to HSE, human resources, local communities, R&D, investments, etc. This is SIBUR’s fourth Sustainability Report, which is a testament to its consistent and comprehensive approach to promoting non-financial reporting, as well as the focus on information transparency and constructive dialogue with stakeholders.
Prepared in accordance with the GRI standards and international best practices, the report discloses information based on the UN Global Compact, SASB standards, and TCFD recommendations. The structure and content of the report are in line with the Company’s 2025 Sustainability Strategy. To ensure greater openness and transparency, SIBUR placed a higher emphasis on interacting with stakeholders at all stages of the report preparation. The final version of the report reflects comments and suggestions made in the course of public discussions of its draft.
The report passed an independent assurance by EY and was publicly verified by the RSPP.
The 2019 report comes with a number of firsts for SIBUR. Namely, it discloses new indicators, adds material topics (Sustainability Risks, Protection of Human Rights, Responsible Supply Chain, Diversity and Equal Opportunity), and contains case studies from across the Company’s sites and facilities that reflect its practical experience in different areas. It is also the first time SIBUR discloses its approach to managing climate-related aspects, as well as initiatives and efforts aimed at promoting circular economy and building a sustainable product portfolio. Another new disclosure is ESG ratings by international and Russian agencies.
In 2019, SIBUR invested RUB 3.4 bn in reducing its environmental footprint, which remains its strategic priority. Although new capacities had been commissioned, the Environmental Impact Index[i] declined for the fifth year in a row and reached 3.4. The implementation of the energy saving programme helped reduce energy consumption by 4.1 million GJ, translating into an economic effect of RUB 825 m. Management and technological solutions adopted as part of PlasticsEurope’s Operation Clean Sweep allowed SIBUR to bring back into the production cycle or safely dispose of 9,400 tonnes of microplastic particles.
Our key goal is to foster a zero injury culture. In 2019, LTIF[ii] stood at 0.27, which highlights an annual decrease in workplace injuries. Compared to 2018, their number fell by 37%, and the Company had zero accidents for the second year running. Funds allocated for H&S initiatives exceeded RUB 1 bn.
SIBUR’s priorities include ensuring respect for labour and human rights, providing equal opportunities, improving management processes and motivating its people. Our key achievements in HR management include an increase in overall personnel engagement to 74%, doubling the share of women on the Management Board, and developing 74 new training programmes (42 training hours per person), including the first online course in sustainable development. The reporting year saw SIBUR make it into the Top 3 Russian employers according to HeadHunter.
As part of the Formula for Good Deeds charitable programme, we collaborate with local partners on the sustainable development of the regions where we operate. Our total social investments surged by 65% year-on-year to over RUB 500 m. Among the past year’s milestones in this area was People Who Change the World, our first corporate volunteer forum which brought together more than 200 people from 23 Russian regions. Overall, 13% of the Company’s employees took part in various volunteering initiatives.
Dmitry Konov, Chairman of the Management Board at SIBUR Holding:
“Last year, we focused on building up our expertise and developing a consistent approach to sustainability management. In 2019, SIBUR joined the UN Global Compact, reinforcing its commitment to best practices in protecting the environment, ensuring respect for human and labour rights, and combating corruption, as well as the Company’s intention to integrate them into its business processes. Our sustainable development achievements make us confident we are on the right track and enable us to set ambitious goals going forward.”
Alexey Kozlov, member of the Management Board and Managing Director of SIBUR:
“SIBUR keeps improving its internal practices in sustainability management. In 2019, we set up a dedicated department tasked with the centralised coordination of our corporate efforts in transitioning to circular economy, leading the way in the climate agenda and introducing new company practices. In the middle of the year, the Management Board created a Committee for Ecology, Sustainable Development and Social Investments, and in April 2020 the Board of Directors, relying on best global practices, established a Sustainable Development Committee, whose competencies include the review of matters related to potential climate risks and promising solutions for carbon footprint management.”
The report’s full text is available on SIBUR’s website at
[i] The Environmental Impact Index (EII) is a specific index that reflects the extent of the main types of environmental impact (emissions, discharges and waste). It is calculated on a per tonne basis with respect to the Company's actual output, or volume of raw materials processed, or products transported dependent on the production activity.
[ii] Injury frequency rate at SIBUR's sites, including contractors.