Tatneft improves annual statement

Tatneft has become a laureate in three nominations at the 11th Russian competition called The Best Annual Statement.

Over the 10 years it has existed, the competition has brought together 327 participants from 11 countries representing all the economy branches. It is annually organised by the leading rating agency Expert RA. The main purpose of the competition is to attract attention of the business community to the issue of making and promoting annual statements as an effective instrument of increasing investment appeal of Russian companies, as well as of raising their capitalisation.

JSC Tatneft presented two statements to the competition, an annual (financial) statement in Russian and English and a statement of sustainable development and corporate social responsibility. The reputed jury selected Tatneft among Russia’s leading oil companies and recognised it as a laureate in three nominations, including The Best Annual Statement of Sustainable Development and Corporate Social Responsibility, Best Disclosure of Information on Corporate Governance Practice, as well as Design and Printing.

JSC Tatneft’s victory in the high-profile competition is not the first one. Annual and social statements presented by the company have repeatedly been recognised as the best ones. The achievements in three nominations are another convincing evidence of Tatneft’s high level of social and environmental responsibility, level of corporate governance and openness before the shareholders and the public.