The carbon footprint of the St. Petersburg International Economic Forum (SPIEF), the Nevsky International Ecological Congress (NIEC), and the ‘Islands of Sustainable Development’ forum in Sakhalin was fully offset in 2025. SIBUR provided the Roscongress with over 7,000 carbon credits for this purpose.
“Roscongress forums have long been a place where sustainable development is not just part of the agenda but also a practical guideline. SIBUR is a reliable partner for us, one with whom we discuss climate responsibility and take concrete actions that are acknowledged by international expert evaluations,” noted Alexander Stuglev, Chairman of the Board and CEO of the Roscongress Foundation.
The carbon footprint of the forums was calculated based on an analysis of participants’ routes and modes of travel, energy consumption at the venues, catering, waste management, and other indicators. The quantitative assessment boundaries included direct emissions from stationary and mobile fuel combustion, the use of refrigerants, indirect energy emissions from electricity consumption, as well as other indirect emissions associated with water supply, waste management, the purchase of materials and food, and the provision of accommodation for participants and organizers during the preparations for and holding of the events. The approach to selecting the calculation boundaries is determined by the ins and outs of the processes involved in organizing and holding the forums.
The calculations were performed in accordance with ISO 14067:2018 and confirmed by verification reports from an international accreditation body. Carbon footprint reduction was verified in compliance with ISO 14021:2016/Amd 1:2021.
Various sustainable solutions were planned and implemented to reduce the carbon footprint during the preparations for the forums: logistics optimization, waste separation, energy-saving technologies, the use of natural gas-powered vehicles, as well as other measures. The residual (irreducible) carbon footprint was offset by SIBUR, which provided carbon credits in the amount corresponding to the volume of greenhouse gas emissions.
The transfer of the carbon credits was carried out through the Thread of Nature platform, which is operated by the Roscongress Foundation. Thread of Nature provides for transactions with carbon credits and quota fulfillment units based on the marketplace principle. As of the time of writing, SIBUR owns 12.2 million validated carbon credits, of which 5.3 million have been verified.
“Climate resilience in our country is a fundamental component of national security and economic stability. We believe that large businesses, as key players, must recognize the scope of their responsibility in this regard. We have set out our commitments, including in terms of implementing climate projects and issuing carbon credits, in our ESG strategy until 2030, which is already being implemented,” noted Alexey Kozlov, Managing Director and Member of the Management Board of SIBUR.
Carbon units obtained by SIBUR through the implementation of a technological climate project at the SIBUR-Neftekhim production facility were used to offset emissions from international forums. The project aims to reduce greenhouse gas emissions by increasing the energy efficiency of ethylene oxide and glycol production.
The St. Petersburg International Economic Forum (SPIEF) maintained its carbon neutral status for the second year running thanks to the partnership between the Roscongress Foundation and a petrochemical company. A total of 6,500 carbon credits were transferred in the most recent edition of the Forum. A further 456 carbon credits were used to offset the carbon footprint of the ‘Islands of Sustainable Development’ forum in Sakhalin, and 788 carbon credits were used for the Nevsky International Ecological Congress. The latter achieved carbon neutrality for the first time in 2025.
One of the key areas of the long-standing partnership between the Roscongress Foundation and SIBUR is the creation of green spaces, preserving the country’s environmental wellbeing, and addressing the issue of reducing carbon emissions.