Sakhalin Energy Investment Company Ltd

Location:

Dzerzhinskogo StreetYuzhno-SakhalinskSakhalin693000Russia View Map

Revenue:

$600 Million

Employees:

3,000

SIC Codes:

1311

NAICS Codes:

211111
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Description:

Sakhalin Energy Investment Company Ltd. ("Sakhalin Energy") is the operator of Sakhalin-2, one of the world's largest integrated projects, which has developed major infrastructure for hydrocarbon production, transportation and processing. The Company is exporting crude oil produced in the Sea of Okhotsk and LNG produced at Russia's first LNG plant built by Sakhalin Energy in the south of Sakhalin. The Company's shareholders are Gazprom (50% + 1 share), Royal Dutch Shell (27.5% - 1 share), Mitsui and Co. Ltd. (12.5%) and Mitsubishi Corporation (10%). Sakhalin Energy is a leader in corporate social responsibility (CSR). Social and environmental programmes of the Company have been recognised by leading international and Russian experts. In 2009, Sakhalin Energy joined the UN Global Compact, a strategic initiative to promote responsible civil practice and corporate responsibility of business. The Company is a member of the UN Global Compact Human Rights Working Group. In 2011, Sakhalin Energy became and still remains the only Russian company chosen by the United Nations to join the new platform for Corporate Sustainability Leadership - Global Compact LEAD - established by the UN Global Compact to implement a range of higher-level actions in environmental, social and governance, as well as to set new CSR standards. Today's Global Compact LEAD is a group of 56 companies from 24 countries, including the UK, Germany, Canada, China and the United States. Sakhalin Energy CEO Andrei Galaev is the Chairman of the Steering Committee of the UN Global Compact Network Russia. In April 2012, the UN Secretary-General Ban Ki-moon appointed Andrei Galaev a member of the United Nations Global Compact Board.

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