26 October 2023. Expert RA ranked SIBUR Holding at ESG-II(b), which means a very high degree of respect for sustainability interests when making key decisions, with a stable outlook.
The analysts derived the rating from non-financial reporting disclosed by SIBUR on an annual basis and took into account its environmental and social performance along with corporate governance aspects.
Yuliya Katasonova, Head of Sustainability Ratings at Expert RA:
“The market of national ESG rankings keeps expanding through adding on companies which showcase mature ESG practices, with SIBUR Holding making its debut this time to earn one of the highest ESG ratings among industrial companies. The ESG-II(b) rating is a testament that SIBUR fosters sustainability practices, sets relevant targets and puts a lot of effort into reducing the Company's environmental impact.”
Maxim Remchukov, Sustainable Development Director at SIBUR:
“Sustainable development remains a priority for SIBUR, and we are pleased to win external recognition in the form of a high ESG rating from Expert RA. Next year, we are going to update our sustainability strategy for a longer term, and our findings will be useful for improving our approaches and target setting in line with best practices.”
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