Climate Policy Engagement Analysis
Climate Policy Engagement Overview: Rosneft appears to have limited but negative engagement with climate change policy. The company challenges the scientific consensus on climate change. Although there appears to be limited evidence of engagement with specific climate-related regulations, Rosneft does not seem to support the transition of the energy mix and maintains consistent support for a long-term role for fossil fuels, particularly fossil gas, in the energy mix.
Top-line Messaging on Climate Policy: Rosneft appears to be unsupportive of climate action in its top-line messaging. In a keynote speech at the 2024 SPIEF Energy Panel in June 2024, Rosneft CEO, Igor Sechin, attempted to deny the link between climate change and human action. Sechin’s keynote speech at the same event in June 2023 did not support the goal of net zero suggesting it is unattainable on a global scale. In its 2023 Sustainability Report, published in July 2024, the company also emphasized the feasibility of emissions reductions and energy efficiency improvements, appearing to support a less urgent approach.
Engagement with Climate-related Regulations: InfluenceMap has found limited evidence of engagement by Rosneft with specific climate-related regulations, likely due to Rosneft’s limited transparency over its climate policy positions. Of the available engagements, Rosneft appears to hold negative positions. For example, in an article in September 2021, Rosneft CEO, Igor Sechin, did not appear to support a carbon border adjustment mechanism.
Positioning on Energy Transition: Rosneft appears to advocate a continued role for oil and gas in the energy mix and does not appear to support the energy transition or the electrification of transport. In a keynote speech at the 2024 SPIEF Energy Panel in June 2024, Sechin appeared to oppose a reduction of fossil fuels in the energy mix. In his keynote speech at the same event in June 2023, Sechin appeared to oppose a reduction of oil and fossil gas in the energy mix and advocated for new infrastructure that will risk locking in unabated fossil gas, while also appearing to not support the energy transition by claiming that renewable energy is not renewable. In its 2023 Sustainability Report the company again advocated for new exploration & production of gas and well as new infrastructure and appeared to advocate for the use of compressed natural gas (CNG) in transport.
Industry Association Governance: Rosneft disclosed some industry association memberships in its 2023 Sustainability Report, however, the company did not appear to disclose an account of its industry associations' positions and engagement activities.
Additional Note: Rosneft is headquartered in Russia, where InfluenceMap’s LobbyMap platform can currently only make a provisional assessment of corporate climate policy engagement, due to limited capability to access publicly available data on this issue. As it is possible that InfluenceMap is not yet able to fully capture evidence of Rosneft's climate policy engagement activities, these scores should be considered provisional at this time.
Rosneft is a listed company with more than 50% of its shares owned by the government of Russia. State-owned enterprises likely retain channels of direct and private engagement with government officials that InfluenceMap is unable to assess, and therefore are not represented in Rosneft's engagement intensity metric.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically.
This summary was last updated in Q2 2025.