Corporate social responsibility

TNK-BP is a Russian company, and it strives to be a responsible corporate citizen of Russia and Ukraine. The company considers it vital to contribute to a raising the level of national competitiveness, assist the social and economic development of the regions in which it operates and be a reliable partner to the government authorities and public organizations in creating a stable and prosperous social environment. TNK-BP is one of the biggest Russian taxpayers – in 2006 the company contributed approximately $20 billion to budgets at all levels, and the total amount of taxes paid since the company’s inception in 2003 amounts to approximately $50 billion.

TNK-BP is a responsible employer that complies with the Labor Law, actively interacts with trade unions, creates new jobs, ensures good working conditions for its employees and provides exceptional opportunities for their professional development and growth.

TNK-BP guarantees a high level of social protection for its employees. The company provides anon-state pension plan, voluntary medical treatment, recreation and rehabilitation, and holidays for children. These programs are aimed at employees and members of their families, as well as retired workers from company subsidiaries. In 2007 TNK-BP has spent $93 million on internal social programs for staff. This is an increase compared to 2005 and 2006, when TNK-BP allocated $80 million annually on internal social investments.

The company strives to observe rigorously the laws and regulations of the Russian Federation on industrial safety and environmental protection and to implement a system of measures aimed at attaining world-class standards in this area, fully prevent accidents, and reduce the negative impact on people’s health and the environment.

The socially important aspects of TNK-BP’s activity are managed on the basis of the Code of Business Policies, which regulates the company’s activity in the sphere of business ethics, occupational health and safety, environmental protection, control and finance, and relations with employees and third parties.

Planning and implementation of TNK-BP social programs is coordinated by a working group on social investments. TNK-BP is currently developing a long-term strategy of social responsibility. TNK-BP evaluates the efficiency of its social programs on a regular basis, establishing partnership with government authorities, local governments, public organizations, local communities, and expert organizations.

TNK-BP seeks to target its social programs as effectively as possible and ensure that they meet the inherent needs of society. TNK-BP’s social programs are targeted at children and young people, war veterans, people who require treatment and rehabilitation, and other socially vulnerable groups. TNK-BP uses focused social programs to help improve the nation’s health and education, develop culture and sports.

In 2006 the Institute for Social and Economic Problems of the Population under the Russian Academy of Sciences, the Centre for Integrated Social Research at the Institute of Sociology under the RAS and the National Centre for Social Monitoring conducted a comprehensive survey in TNK-BP’s regions. The results of the survey helped to redefine the focus of our social investments in solving high-priority tasks of regional development and addressing the most acute needs of society.

In 2007 TNK-BP has allocated $148 million on external social programs. In terms of aggregate volume of social investments, TNK-BP is one the Russia’s largest corporate donors.

TNK-BP has put in place an effective communications system to inform, in a prompt and transparent manner, our external audiences and company staff about important aspects of our operations. Information about our social activity can be found in TNK-BP Annual Review and Sustainability Report 2008, the Innovator magazine, topical publications, such as our annual Social Investment Review, and presentations made by the management on the company’s activity in the sphere of environmental protection.

• Sustainability Report 2009 (4.45 MB)
• Sustainability Report 2008 (1.68 MB)
• Social investments in Russia 2005 (5.80 MB)