Carbon capture and storage (CCS):
Implementation of carbon capture and storage systems to reduce greenhouse gas emissions and lower the carbon footprint. This includes building infrastructure for CO₂ transportation and storage, as well as integrating CCS into existing production processes
Combustion process improvement:
Application of modern technologies and equipment to increase combustion efficiency and reduce harmful emissions. This involves the use of low-temperature combustion and catalysts to reduce NOx and other pollutants
Renewable energy:
Integration of renewable energy sources into operational processes to reduce dependence on fossil fuels. This includes installing solar panels and wind turbines at production facilities
Recycling and disposal:
Development and implementation of programs for recycling and waste disposal, including secondary recycling methods and safe disposal of industrial waste. This also covers recycling of plastics, metals, and other materials
Waste reduction:
Application of predictive analytics for forecasting equipment failures and planning preventive maintenance, increasing reliability and reducing downtime
Water management:
Development and implementation of water resource management systems aimed at minimizing freshwater consumption and preventing pollution of water bodies. This includes closed-loop water supply systems and water treatment facilities
Water-saving technologies:
Use of modern technologies and equipment to improve water efficiency and reduce harmful discharges
Conservation of natural resources:
Implementation of programs for ecosystem conservation and restoration, including tree planting and rehabilitation of water bodies. Establishment of nature reserves and protected areas on company-owned land
Monitoring and impact assessment:
Introduction of systems for monitoring and assessing environmental impact to promptly identify and mitigate negative consequences of company activities
Mentorship programs:
Introduction of mentoring and coaching initiatives to support career growth and development of young professionals. Creation of platforms for experience sharing between employees at different levels
Infrastructure projects:
Investment in projects aimed at improving quality of life in local communities, including construction of schools, healthcare facilities, and infrastructure development. This also covers transportation improvements and access to clean water
Community support:
Implementation of programs to support local communities, including social and cultural initiatives to raise living standards. Organization of cultural exchange and preservation of local traditions
Occupational safety:
Ensuring high safety standards at the workplace through regular safety training, use of modern personal protective equipment, and monitoring of working conditions. Implementation of occupational health and safety management systems (OHSAS)
Health programs:
Introduction of employee health initiatives, including regular medical checkups, stress management programs, and promotion of a healthy lifestyle. Organization of sports events and disease prevention programs
Diversity and inclusion:
Implementation of workplace equality and inclusion policies to provide equal opportunities regardless of gender, race, religion, or other characteristics. Conducting training sessions on diversity and inclusion
Support for vulnerable groups:
Execution of programs to support vulnerable populations, including people with disabilities and minority groups
Reporting:
Introduction of strict reporting and transparency standards in all aspects of the company’s operations, including regular publication of sustainability and ESG reports. Implementation of internal audit systems to ensure compliance.
Shareholder engagement:
Ensuring open and transparent engagement with shareholders and investors through regular meetings and publication of financial and operational reports. Organization of annual general meetings and investor conferences
Corporate ethics:
Maintaining high standards of ethics and corporate conduct, including compliance with anti-corruption policies and fair labor practices. Creation of an ethics committee to oversee adherence
Code of conduct:
Adoption and enforcement of a code of conduct that regulates all aspects of company operations and sets high professional and ethical standards. Organization of training sessions on ethical behavior
Risk identification and assessment:
Development and implementation of comprehensive strategies for identifying, assessing, and minimizing operational, financial, and reputational risks. Introduction of enterprise risk management (ERM) systems for continuous monitoring
Monitoring and controlCode of conduct:
Deployment of monitoring and control systems to ensure compliance with risk management standards and policies. Regular audits and inspections are carried out
Board of directors:
Formation of an effective and independent board of directors that provides strategic leadership and oversight of company operations. Regular board meetings and creation of specialized committees
Compliance policy:
Development and implementation of compliance policies to ensure adherence to all applicable laws and regulations. Employee training in compliance issues and internal reviews
Management technologies:
Adoption of modern technologies for managing corporate processes, including electronic document management and automation of administrative processes
Corporate culture:
Development of a corporate culture focused on innovation and sustainability. Organization of corporate events and programs to strengthen team spirit.
Transnational Petroleum Corporation is committed to the continuous improvement of its sustainability and ESG practices, contributing to the achievement of long-term goals and the creation of value for all stakeholders.
