Rosneft
What do our scores mean?
The organizational score represents the degree to which the organization influencing climate policy and legislation. Corporations also have relationship scores reflecting their links with influencers like trade associations. Both are combined to place the corporation in a performance band. Full details can be found here.
Update August 2021: If limited evidence had been collected either on a company's direct policy engagement (Organization Score) or industry association links (Relationship Score) this is signified with an ‘n/a’ (not available). If limited evidence has been collected in both areas, the Total Score is also given as n/a. Full details and links back to any primary evidence that has been collected can still be located on the company’s profile.
Engagement Intensity
The engagement intensity (EI) is a metric of the extent to which the company is engaging on climate change policy matters, whether positively or negatively. It is a number from 0 (no engagement at all) to 100 (full engagement on all queries/data points). Clearly energy companies are more affected by climate regulations and will have a higher EI than, for example retailers. So an organization’s score should be looked at in conjunction with this metric to gauge the amount of evidence we are using in each case as a basis for scoring. On our scale, an EI of more than 25 indicates a relatively large amount of climate policy engagement.
Relationship Score, December 2020
A new batch of industry associations has been uploaded onto the InfluenceMap system and the relationship scores recalculated accordingly.
Updated terminology, February 2021
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
- Details of Organization Score
-
What do the 0,1,2 and NSs, NAs mean?
Each cell in the organization's matrix presents a chance for us to assess each data source against our column of climate change policy queries. We score from -2 to 2, with negative scores representing evidence of obstructive influence. "NA" means "not applicable" and "NS" means "not scored" - that is we did not find any evidence either way. In both cases, the cell's weighting is re-distributed over others. Red and blue cells represent highly interesting negative or positive influence respectively. Full details can be found here.
- Details of Relationship Score
-
What is the Relationship Score
A corporation, as well as its organizational score will have a relationship score. It is computed by aggregating the organizational scores of the Influencers (trade bodies etc.) it has relationships with, weighted by both the strength of these relationships and the relative importance of the Influencers towards climate change policy. Full details can be found here.
|
QUERIES
|
DATA SOURCES | ||||||
|---|---|---|---|---|---|---|---|
|
Main Web Site
The main organizational Web site of the company and its direct links to major affiliates and attached documents. |
Social Media
We search other media and sites funded or controlled by the organization, such as social media (Twitter, Facebook) and direct advertising campaigns of the organization. |
CDP Responses
We assess and score responses to two questions from CDP's climate change information request (12.3 a & 12.3c) related to political influence questions (currently these are not numerically scored by the CDP process). |
Legislative Consultations
Comments from the entity being scored on governmental regulatory consultation processes, including those obtained by InfluenceMap through Freedom of Information requests. |
Media Reports
Here we search in a consistent manner (the organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases. |
CEO Messaging
Here we search in a consistent manner (the CEO/Chairman, organization name and relevant query search terms) a set of web sites of representing reputable news or data aggregations. Supported by targeted searches of proprietary databases. |
Financial Disclosures
We search 10-K and 20-F SEC filings where available, and non US equivalents where not. . |
|
|
Communication of Climate Science
Is the organization transparent and clear about its position on climate change science? |
NS | NS | NS | NS | NS | NS | NS |
|
Alignment with IPCC on Climate Action
Is the organization supporting the science-based response to climate change as set out by the IPCC? (the IPCC) |
0
|
NS | NA | NS | NS |
-1
|
NS |
|
Supporting the Need for Regulations
To what extent does the organization express the need for regulatory intervention to resolve the climate crisis? |
0
|
NS | NS | NS | NS | NS | NS |
|
Support of UN Climate Process
Is the organization supporting the UN FCCC process on climate change? |
1
|
NS | NS | NS | NS | NS | NS |
|
Transparency on Legislation
Is the organisation transparent about its positions on climate change legislation/policy and its activities to influence it? |
-2
|
NA |
-2
|
NA | NA | NA | NS |
|
Carbon Tax
Is the organisation supporting policy and legislative measures to address climate change: carbon tax. |
NS | NS | NS | NS | NS | NS | NS |
|
Emissions Trading
Is the organisation supporting policy and legislative measures to address climate change: emissions trading. |
NS | NS | NS | NS | NS | NA | NS |
|
Energy and Resource Efficiency
Is the organization supporting policy and legislative measures to address climate change: energy efficiency policy, standards, and targets |
NS | NS | NS | NS | NS | NS | NS |
|
Renewable Energy
Is the organization supporting policy and legislative measures to address climate change: Renewable energy legislation, targets, subsidies, and other policy |
NS | NS | NS | NS | NS |
-1
|
NS |
|
Energy Transition & Zero Carbon Technologies
Is the organization supporting an IPCC-aligned transition of the economy away from carbon-emitting technologies, including supporting relevant policy and legislative measures to enable this transition? |
-1
|
NS | NS | NS |
-1
|
-1
|
NS |
|
GHG Emission Regulation
Is the organization supporting policy and legislative measures to address climate change: GHG emission standards and targets. Is the organization supporting policy and legislative measures to address climate change: Standards, targets, and other regulatory measures directly targeting Greenhouse Gas emissions |
NS | NS | NS | NS | NS | NS | NS |
|
Disclosure on Relationships
Is the organization transparent about its involvement with industry associations that are influencing climate policy, including the extent to which it is aligned with these groups on climate? |
-2
|
NS |
-2
|
NA | NA | NA | NS |
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Rosneft is one of 23 members of MWV, as of July 2021. It is one of 13 full members of the association, and therefore has a representative on the board of directors, although the exact person who holds this position is not disclosed.
not specified
Open PDF file of Data Source
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Rosneft is one of 23 members of MWV, as of July 2021. It is one of 13 full members of the association, and therefore has a representative on the board of directors, although the exact person who holds this position is not disclosed.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Rosneft is a direct member of the Instituto Brasileiro de Petróleo e Gás and participates in one of its boards
Vladimir Lyakhovich
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Comment:
Rosneft is a direct member of the Instituto Brasileiro de Petróleo e Gás and participates in one of its boards
Vladimir Lyakhovich
How to Read our Relationship Score Map
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Climate Lobbying Overview: Rosneft appears to have limited but largely negative engagement with climate change policy. There appears to be limited evidence of engagement with specific climate-related regulations, but Rosneft does not seem to fully support the transition of the energy mix and maintains consistent support for a long-term role for fossil fuels, particularly gas, in the energy mix.
Top-line Messaging on Climate Policy: Rosneft appears to have limited engagement with climate policy in its top-line messaging. Although in its 2019 Sustainability Report, Rosneft is clearly concerned with reducing GHG emissions within its own organization, the company has not explicitly supported economy-wide global emissions reductions in line with IPCC guidance or the Paris temperature goals. Furthermore, in October 2018, CEO Igor Sechin appeared to qualify support for emissions reductions by warning of the risk of energy shortage as a result of action to respond to climate change. Despite this, in its 2019 Sustainability Report, Rosneft appeared to support Russia’s commitments under the Paris Agreement.
Engagement with Climate-related Regulations: InfluenceMap has found very limited evidence of engagement by Rosneft with specific climate-related regulations, likely due to Rosneft’s low transparency over its climate policy positions. As of February 2021, Rosneft has made no attempt to make specific disclosures on climate lobbying practices in its corporate reporting, and its 2020 CDP response does not appear to be publicly accessible. However, comments by CEO Igor Sechin in June 2018 suggests that Rosneft does not support subsidies for renewable energy.
Positioning on Energy Transition: Rosneft does not appear to be fully supporting the transition of the energy mix. In its 2019 Sustainability Report, Rosneft argued for increased natural gas production as part of the energy transition without reference to the need for carbon capture and storage. Statements delivered by the company's CEO Igor Sechin in June 2019 also suggest the company supports a long-term role for natural gas beyond its use as a transition fuel. Furthermore, in March 2018, Sechin directly advocated President Putin to bring tax incentives to give financial support to Russia’s oil industry.
In June 2019, Sechin appeared to dismiss the feasibility of the electrification of transport, stating “electric cars solve neither the problem of emissions reduction nor the problem of harmful industries ... the share of electric cars in the global fleet will not exceed 12-15% in the foreseeable future”.
Industry Association Governance: As of February 2021, Rosneft does not appear to have disclosed any of its memberships to industry associations. Therefore, although Rosneft mentions retaining memberships of “professional associations”, it is unclear how, if at all, these groups are actively lobbying on climate change policy or how Rosneft is engaging with these groups or exerting indirect influence through them. Rosneft does not appear to have undertaken any review of its industry associations or to what extent it is aligned with them on climate policy.