Business Daily Media

The Times


.

SIBUR offsets carbon footprint of client event in Istanbul

MOSCOW, RUSSIA - Media OutReach Newswire - 1 October 2025 - SIBUR offset the carbon footprint of a roundtable discussion held on 26 September 2025 for the company's international partners in Istanbul.

The event was certified carbon neutral by an international verifier. The event's carbon footprint amounted to 45 metric tons of CО2 equivalent, or 45 carbon units.

The carbon footprint was offset using SIBUR's carbon credits earned through an international climate project implemented at the ZapSibNeftekhim production site. Independent verification of the project's carbon neutrality was performed by TÜV AUSTRIA Standards & Compliance, an international company specializing in environmental and climate assessments, certifications and verifications. "ISO 14021:2016/Amd 1:2021" served as the evaluation standard.

"We've had experience assessing the carbon footprint of events before, but previously, this involved large-scale projects with numerous participants and sponsors. Therefore, it's especially significant that SIBUR applies the same responsible approach to its internal events. Most importantly, the company takes a systematic approach: initially selecting an environmentally friendly site and minimizing waste generation, and only then offsetting the inevitable carbon footprint. This approach, which prioritizes impact prevention over compensation, is fully consistent with the 'start with yourself' principle. It clearly demonstrates that every action matters, regardless of its scale. This concept is universal and can be applied by both large corporations and individuals for events of any size," said Svetlana Kleeva, Head of Climate and Low-Carbon Economy Services at TÜV AUSTRIA Standards and Compliance.

"Integrating climate considerations into business events isn't just about following global trends; it's a conscious contribution to preserving the environment for future generations. We highly value the opportunity to collaborate with partners who share our principles of sustainable development, and we're proud that SIBUR's climate projects contribute to the carbon neutrality of significant international initiatives," noted Nadezhda Galaktionova, SIBUR's Director of Sustainable Development.

To date, SIBUR has implemented nine climate projects at its production sites, with a combined impact estimated at 10.9 million metric tons of CO2 equivalent over a 10-year period. The company's climate project portfolio is highly diversified and includes reforestation and afforestation initiatives, as well as technology and alternative energy projects. A portion of its verified carbon credits have been transferred to partners through various carbon market mechanisms, such as exchange and over-the-counter transactions, including using blockchain technology.

SIBUR is one of the most dynamically developing companies in the global petrochemicals industry and a Russian leader in polymers and rubbers. The company produces in-demand products for society and uses advanced technologies to create new opportunities, investing in social infrastructure to improve people's quality of life. SIBUR develops through partnerships and an exchange of experience, continuous growth, a determination to strive towards ambitious goals, and a commitment to sustainable development principles. Its unique vertically integrated business model allows SIBUR to create highly competitive products that are used in many economic sectors worldwide: construction, food processing, medicine and pharmaceuticals, agriculture, automotive manufacturing, and others.

Hashtag: #SIBUR

The issuer is solely responsible for the content of this announcement.

News from Asia

NCB introduces Seamless Cross-Border QR Payments for international travellers in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 15 July 2026 - Open visa policies, a wealth of cultural and natural attractions, acclaimed cuisine, warm local hospitality, and increasingly convenient p...

SBI Global Asset Management and DigiFT Launch JX, Bringing a Japanese Asset Manager’s Equity Strategy On-Chain for the First Time

SINGAPORE - Media OutReach Newswire - 15 July 2026 - DigiFT, a regulated digital asset exchange for institutional-grade real-world assets ("RWAs"), and SBI Global Asset Management Co., Ltd. ("SBI ...

Smilegate LORDNINE Launches Pre-Registration for New Growth-Accelerated Server 'Helena' in Celebration of 1st Anniversary… 32,000 USDt Reward Event Underway

Pre-registration for new server Helena opens July 14... Official launch on July 29 Sweeping new server growth-support systems, including 50% additional EXP via Mastery Buff ...

A SIM Guide to Comparing Graduate Salaries and Employability in Singapore

SINGAPORE - Media OutReach Newswire - 15 July 2026 - As students and parents in Singapore evaluate higher education pathways, employability, starting salary and return on investment are increasing...

Hong Kong SMEs Accelerate Transformation as AI and Northern Metropolis Unlock New Opportunities, Dah Sing Bank Survey

Capability and Resource Gaps Limit Growth Potential As Firms Explore the New EconomyHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Dah Sing Bank, Limited ("Dah Sing Bank") revealed in it...

Xsolla and Management and Science University (MSU) Sign Memorandum of Understanding (MOU) to Connect Future Game Developers With Global Commercial Opportunities

Collaboration Provides Students Access To Xsolla’s Publishing Suite And Launcher, Bridging Academic Learning With Commercial Game Development PracticesKUALA LUMPUR, MALAYSIA - Media OutReach Newsw...

Louis Vuitton Celebrates 130 Years of the Monogram

TAIPEI, TAIWAN - Media OutReach Newswire - 15 July 2026 - In 2026, Louis Vuitton commemorates the 130th anniversary of its most enduring emblem: the Monogram, born in 1896. To mark this extraordin...

Fitch Ratings assigns first-time credit rating to HDBank, recognises its strong financial profile

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 15 July 2026 - Fitch Ratings has assigned its first-ever credit ratings to Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB...

Cushman & Wakefield Study: AI to Drive Stronger Growth and Higher Real Estate Demand Across Asia Pacific

Scenario-based analysis shows AI will expand demand across office, industrial and retailHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Artificial intelligence (AI) is set to fuel economi...

Arup partners YJK to launch AI Designer in Hong Kong to advance AI-enabled structural engineering

Strategic partnership integrates design optimisation and artificial intelligence to improve engineering efficiency, project outcomes and decarbonisation HONG KONG SAR - Media OutReach Newswire - 1...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...