Management Approach

A skilled workforce is one of the key drivers of NOVATEK’s success and innovative development. The Company provides safe, fair, and inclusive working conditions while also supporting employees’ families through a range of social programs.

To ensure the best working conditions and professional development of its employees, the Company is building an effective HR management system. At the highest governance level, matters related to HR management are annually reviewed by the Board of Directors and the Remuneration and Nomination Committee. At the executive body level, HR management and internal social policy, including diversity and inclusion matters, are the responsibility of the Deputy Chairman of the Management Board.

In matters related to HR management, the Company is guided by such corporate documents as the Human Rights Policy, the Code of Business Conduct and Ethics, the Collective Bargaining Agreement and internal regulations and rules.

NOVATEK regularly identifies and assesses risks related to employee activities and incorporates them into its Risk Map. For new projects, HR risks are assessed through an Environmental and Social Impact Assessment (ESIA) procedures.

To minimize the impact of these risks, the Company continuously monitors all areas related to employee activities and staffing, and implements measures to build a skilled workforce, ensure occupational health and safety, protect human rights, and address related areas.