The meeting of the Board of Directors reviewed the results of work in the field of reducing the carbon footprint.

The long-term goal-setting of TATNEFT Group is based on the vector of achieving carbon neutrality by 2050 (Scope 1 and 2). The main levers of decarbonization are the growth of associated petroleum gas utilization; energy efficiency improvement; forest plantations; reduction of methane emissions, and in the long term - the development of renewable energy; carbon dioxide capture, use and disposal.

Every year, the effective activity of TATNEFT in the field of environmental protection is confirmed by its leadership positions in environmental and ESG ratings.

The Board of Directors got acquainted with the Company's activities to promote the Sustainable Development Goals. Among the priorities of TATNEFT is the formation of a worldview of conscious consumption, the development of a culture of energy efficiency and energy conservation among residents of the oil region - from schoolchildren to adults. Popular projects have become "Envoys of TATNEFT's SDGs", profile shifts in children's health camps; initiatives for the separate collection of plastic waste; weekend ecotourism; targeted training programs, subbotniks, etc.

Also, as part of the planned agenda, the Board of Directors got acquainted with the results of the implementation of the budget of PJSC TATNEFT for 2022, approved the budget for February 2023 and considered a number of other issues related to the Company's current activities.

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OAO Tatneft published this content on 31 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2023 12:57:02 UTC.