23.01.2015

JSC TATNEFT joined the TOP-10 ranking in 2014 according to the survey results of corporate transparency of the largest Russian companies conducted by the Russian Regional Network for Integrated Reporting.
The main purpose of the rating is to evaluate the transparency level through performance of a comprehensive statements analysis of the largest Russian companies. The study examined public reports of the companies (integrated reports, traditional annual and non-financial reports, including reports on sustainable development), as well as other reporting information posted on the official corporate websites. All in all there were more than 700 companies analyzed.
Increasing the information openness is an important factor of the business stability. The companies taking leading positions in the final ranking of the reporting quality are characterized by a systematic approach to arranging public accountability, which includes availability of the regulatory framework for public reporting, regulated mechanisms for interaction with stakeholders on reporting,   responsibility of the top management for public reporting, an integrated approach to organization of the reporting information usability. These companies are also characterized by their commitment to compliance with the leading international standards of accounting and corporate management.
The results of the study are available on http://ir.org.ru.

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