1. Antipinsky Oil Refinery Ranks Second in 2014 Fundamental Efficiency Appraisal Rating of Top-150 Companies Operating in the Real Sector of the Russian Economy

Antipinsky Oil Refinery Ranks Second in 2014 Fundamental Efficiency Appraisal Rating of Top-150 Companies Operating in the Real Sector of the Russian Economy

19 November 2015

On November 19, Interfax-Era published its fundamental efficiency appraisal rating for 150 major companies operating in the real sector of the Russian economy for 2014.

The Antipinsky Oil Refinery, ranked second, has become one of the rating leaders.  It should be emphasized that the company made a tremendous breakthrough in the past year having made it from the 44th to the 2nd position.

The rating features 150 largest Russian companies. The companies were ranked according to five criteria: energy and resources spent per unit of output (energy and resource efficiency), level of environmental impact - consumption of natural resources per unit of work performed (technological efficiency), efficiency dynamics (+/- % per annum), extent of environmental reporting disclosure (transparency) and the ability of natural eco-systems in enterprise presence regions to assimilate the environmental impact thereof (eco-system efficiency). The most meaningful of them are technological and energy and resource efficiency.

A company’s rating was determined based on four ranking options (environmental and energy efficiency of production, technological efficiency of the equipment used, efficiency dynamics, transparency). Each company’s places in all four ranking lists were summed up.  The company’s place determined by ranking according to the sum of its places represents its rating value.

How were companies assessed?

Environmental and energy efficiency and the dynamics thereof were calculated for 4511 enterprises in Russia and Kazakhstan. Out of the aforesaid amount enterprises that are branches, subsidiaries or dependent companies of Top-150 companies operating in the real sector of the Russian economy were singled out. The efficiency, efficiency dynamics and transparency values calculated for a company from the Тор-150 companies list are average weighted values for the company’s enterprises presented in our database.  The enterprise weight is the square root of the scope of its operations determined by its revenues, headcount and energy consumption. In some cases, a company being part of a holding company is assessed based on a small number of enterprises or even one enterprise, if only one enterprise was presented in the rating agency’s data base.

About Interfax-Era

Interfax Group set up a new subdivision within its structure – Interfax ERA environmental and energy rating agency to compile on a regular basis environmental and energy efficiency ratings of enterprises, companies, regions and fulfill information and analytical orders in the environmental area. Its relevance is determined by the fact that it is the universality of fundamental efficiency criteria that matters under the conditions of erratic financial indicators, unstable currency exchange rate and uncertain repercussions of the sanctions.

Back to the list

Other news