Moscow, 01 August 2017. NOVATEK (“NOVATEK” and/or the “Company”) announces that FTSE Russel Ratings confirms that NOVATEK remains a constituent of the FTSE4Good Emerging Index following the June 2017 index review.
The FTSE4Good Series is designed to help investors integrate environmental, social and governance (ESG) factors into their investment decisions. The indexes identify companies that better manage ESG risks.
The Chairman of NOVATEK’s Management Board Leonid Mikhelson noted: “We see our inclusion into the FTSE4Good Emerging Index as an acknowledgment and validation of the Company’s continuous commitment to sustainable development. Over the past years, we adopted and refined our business processes in accordance with industry best practices for health, safety and environmental issues and remain committed to operating our business in a sustainable manner. We will continue to work hard to improve all areas of our operations retaining the best of the accumulated experience in all areas of sustainable development”.
PAO NOVATEK is one of the largest independent natural gas producers in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 16% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».