The analytical report also noted SIBUR’s efforts to recognise, assess and reduce climate risks. Moreover, the authors of the report drew attention to the company’s sustainable development strategy, which, among other things, sets goals for reducing greenhouse gas emissions. The company’s efforts in the area of biodiversity conservation were also mentioned: SIBUR supports projects and initiatives aimed at species conservation, and its production sites are not located in areas of high biodiversity value.
“The Asia-Pacific countries are developing their expertise when it comes to sustainability and paying increasing attention to the sustainable development agenda every year. In this context, the assignment of an A rating to SIBUR by China’s largest rating agency is a very important result. It confirms that our practices are in compliance with best global practices and is an additional point of engagement for developing dialogue with partners in important markets for the company,” said Alexey Kozlov, SIBUR’s Managing Director and a member of the company’s Management Board.
“We place great value on our partnership with SIBUR and see immense potential in our collaboration with Russian clients,” says Dongyang Xue, President of CCXGF. “CCXGF is at the forefront of domestic green finance and ESG service provision in China. Our expertise positions us to significantly boost SIBUR’s international profile, particularly in the Chinese market. Through our ESG rating, we aim to enhance transparency and foster a deeper understanding of SIBUR among international stakeholders”.
