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Company Policy

Company Policy

LLC Sadki-Oil is an independent mandate company committed to safeguarding the environment and minimising risk to its employees, contractors and the communities in which the Company works. Through developing sustainable long-term relationships with its partners and the community, LLC Sadki-Oil aims to conduct business and enhance value in a responsible manner. The Company aspires to achieve the highest standards of HSE performance, to earn the confidence of those with whom it works and to be a good neighbour.

Anti-Bribery

LLC Sadki-Oil is committed to conduct all of its business in an honest and ethical manner. The Directors take a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly and with integrity in all the company’s business dealings and relationships, wherever it operates, and to implementing and enforcing effective systems to counter bribery and corruption.

We will uphold all laws relevant to countering bribery and corruption in all the jurisdictions in which we operate. In particular, we will adhere to the laws of Russian Federation, including the Bribery Act 2019, in respect of our conduct in all jurisdictions in which we operate.

Social policy

LLC Sadki-Oil social policy is an integral part of the human resources policy and is aimed at maintaining the Company’s competitive advantage in the labor market and creating an effective system of social security for employees. The underlying principle of social security is a social partnership based on a constructive and mutual dialogue between employees and employers, which is aimed at regulating social and employment relationships. The scope and principles of the social policy are outlined in the key social document – the General Collective Agreement of LLC Sadki-Oil.

Corporate  Responsibility

The corporate activities of LLC Sadki-Oil can be broadly divided into three types: Corporate Management Activities including investments in various types of projects; Social Responsibility Activities for responsible conduct as a corporate citizen and contributions to society; and Environmental Preservation Activities for the protection of our planet. We believe that balancing the results of these three types of activities against our business results is essential so we can be a company that can achieve sustainable growth while co-existing and prospering with society. Such a harmonious relationship with society cannot be achieved through the activities of the LLC Sadki-Oil alone. Ongoing cooperation with stakeholders is essential. By pursuing the interests and satisfaction of the various stakeholders, and by earning their trust, LLC Sadki-Oil is building the foundations for a stable and sustainable trading.