PAO Novatek 2021 AR2
The report highlights NOVATEK's operational and financial achievements in 2021, focusing on the theme 'Constructing Our Future Energy Transition Today.' The company made significant progress on its Arctic LNG 2 project, reaching an overall completion rate of 59% by year-end. NOVATEK achieved record financial results with total revenues of RR 1,157 billion and normalized EBITDA of RR 748 billion. On the sustainability front, the company became a signatory to the UN Global Compact, approved its Human Rights Policy, and established a Subcommittee on Climate and Alternative Energy. Additionally, NOVATEK advanced its decarbonization efforts by assessing potential CO2 storage sites and signing agreements for low-carbon ammonia projects.
Company: PAO Novatek
Sector: Mining & quarrying
Country: Russia
Year: 2021
Type: AR2
Pages: 60
Back to company
PAO Novatek
Annual Report
The report highlights NOVATEK's operational and financial achievements in 2021, focusing on the theme 'Constructing Our Future Energy Transition Today.' The company made significant progress on its Arctic LNG 2 project, reaching an overall completion rate of 59% by year-end. NOVATEK achieved record financial results with total revenues of RR 1,157 billion and normalized EBITDA of RR 748 billion. On the sustainability front, the company became a signatory to the UN Global Compact, approved its Human Rights Policy, and established a Subcommittee on Climate and Alternative Energy. Additionally, NOVATEK advanced its decarbonization efforts by assessing potential CO2 storage sites and signing agreements for low-carbon ammonia projects.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees