Our Company has extensive technological, industrial, and research expertise in reducing greenhouse gas (GHG) emissions and transitioning to a low-carbon economy. We take an active approach to mitigating the climate impact of our own activities, adapting to climate change, and using our capabilities to develop new and effective decarbonisation solutions.
Our risk management framework places a strong focus on potential risks of climate change and their impact on the Company’s sustainable development.
SIBUR works to address climate risks in all aspects of its operations, especially when planning R&D and investment projects.
— by 5% in the Midstream Segment (per tonne of products manufactured);
— by 15% in the Petrochemicals segment (per tonne of products sold);
including through a set of measures to improve the energy efficiency of processes, increase the share of renewables in the energy mix, introduce CO2 capture, removal and storage technologies, and run carbon sequestration projects.
* - Compared to 2018
Energy resource management is integrated into SIBUR’s performance management system and incorporates elements of ISO 50001. This helps us to ensure the efficient use of energy resources, achieve energy cost savings, and leverage advanced energy technologies.
We assess the potential of our facilities for energy efficiencyimprovement against the global energy consumption benchmarksfor various types of feedstock and products. Where ourconsumption is above the benchmark, we work to identify thegaps and draw up a schedule for implementing improvements. Allnew production facilities are built in line with global energyefficiency benchmarks.
We have automated the accounting of energy consumption and distribution to monitor energy performance across our operations.
We perform energy audits of our water recycling systems, installations for the thermal recycling of air emissions, fuel consuming and other equipment to optimise their operation modes and improve energy efficiency.
economic effect of energy saving initiatives
improved energy intensity index (down 4.2% compared to 2019)
energy saving compared to 2019
per tonne of products across all segments:
– 23% in the Midstream segment;
– 2% the Olefins and Polyolefins segment;
– 28% in the Plastics, Elastomers, and Intermediates segment.
Our 2025 Sustainable Development Strategy envisages a fivefold increase in the share of renewable energy in our energy consumption compared to 2020.
To achieve this goal, we sign contracts with third-party producers of green energy while also implementing our own projects of renewable energy generation.
One solar power plant is already in use by SIBUR-Yug, our corporate resort, with another 6,140 MWh solar power facility under construction since 2021 at POLIEF.
SIBUR contributes to reducing carbon footprint by consuming petroleum and gas by-products which used to be flared at the field. This helps to prevent more than 70 million tonnes of CO2-eq. from being released into the atmosphere.
Plastic is a highly recyclable material. The use of recycled plastic feedstock reduces the carbon footprint of end products and decreases the amount of waste in landfills. SIBUR has launched Vivilen Vivilen, a brand of products leveraging recycled plastic feedstock, and implements partnership and educational projects to promote a circular economy.
SIBUR has partnered with Linde Gas Rus to launch its first CO2 recycling project. Once the project is completed, the Company will be able to process crude CO2, a by-product resulting from ethylene oxide synthesis, into a commercial-grade product usable in various industries. The innovative technology will help to recycle 25 kt of CO2 annually.
Climate scenario analysis performed to assess the climate impact on the Company's financial results in line with TCFD recommendations
reduction of CO2 emissions
meeting and exceeding our renewable energy consumption target
reduction of specific GHG emissions in the Petrochemicals segment (per tonne of products manufactured) compared to 2019
reduction of specific GHG emissions in the Midstream segment (per tonne of products manufactured) compared to 2019
reduction of indirect GHG emissions from energy consumption
In 2021, SIBUR earned CDP’s highest “A” scores for corporate governance and climate risk management.
SIBUR supports research to study the carbon absorption capacity of ecosystems, and develop the best mixes of types and species of plants in terms of their ability to absorb greenhouse gases.
The Company helped to open a 2.32 hectare carbon monitoring site in the Tyumen Region in partnership with the University of Tyumen research field station . Its equipment makes it possible to monitor GHG emissions across an area of over 10.600 hectares. SIBUR is also involved in establishing a carbon monitoring site in the Voronezh Region.
Our ongoing research will help improve the efficiency of reforestation projects, boost development in the agriculture sector and create carbon sequestration farms with increased CO2 absorption capacity.
SIBUR became one of the first Russian companies to participate in the Air France / KLM alliance’s CO2ZERO initiative, a carbon offset service which lets Air France / KLM corporate customers fly carbon neutral around the world The programme’s participants pay a contribution to compensate for their flight’s impact on the environment. The proceeds from the compensation are used for reforestation.