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Management Approach

NOVATEK places a high strategic importance on upholding the highest sustainability standards and monitoring the impact on its stakeholders.

The Company ensures effective oversight of its approach to and performance on sustainability through dedicated Board of Directors committees, with top management’s motivation system containing relevant sustainability-linked key performance indicators.

Sustainability management is seamlessly integrated into the corporate governance system, ensuring comprehensive attention is paid to these matters across different levels, from the Board of Directors — the highest strategic management body — to the executive bodies and heads of specific business units.

Within the executive bodies, responsibility for each sustainability dimension is assigned to the respective Deputy Chairman of the Management Board.

To drive the implementation of management decisions, corporate documents have been developed to regulate internal sustainability and related risk management practices.

Sustainability Corporate Governance System
Risk Management and Internal Control System