PJSC LukOil LUKOIL Releases 2020 Sustainability Report (9617E)
12 Julio 2021 - 8:12AM
UK Regulatory
TIDMLKOD
RNS Number : 9617E
PJSC LukOil
12 July 2021
LUKOIL RELEASES 2020 SUSTAINABILITY REPORT
PJSC LUKOIL released its Sustainability Report for 2020 prepared
in line with the international and industry standards, such as GRI,
SASB, UNCTAD and IPIECA. For each area of ESG activities the report
includes information about the Company's contribution into the
achievement of the UN Sustainable Development Goals.
In accordance with the standards, material topics of the Report
were selected on the basis of stakeholders' requests. The document
covers activities of the Company in the area of the climate agenda,
environmental protection and external social policy. It also
reflects measures to protect employees and local communities in the
regions of the Company's operations from the COVID-19 pandemic. On
the occasion of the 30(th) anniversary of LUKOIL the report shows
how the sustainability management system has evolved in the Company
over the past 30 years.
The report also covers sustainability activities of the Company
in most sensitive regions such as the Arctic and the Republic of
Komi.
This year the report provides information about new aspects such
as tax policy, anti-corruption policy and application of the
sustainable development principles in foreign upstream
projects.
In addition, the report contains extended data on greenhouse gas
emissions, consumption of gas, water and electrical power, land
remediation and waste management.
The document was subject to an independent review by KPMG and
received an endorsement of the Non-Financial Reporting Council of
the Russian Union of Industrialists and Entrepreneurs (RSPP). The
report will be published on LUKOIL's website in Russian and English
languages.
For reference:
LUKOIL is one of the leaders in non-financial reporting in
Russia and has been publishing documents on its sustainability
activities since 2005. The previous sustainability report for 2019
has won awards of the Russian Ministry of Energy, Moscow Stock
Exchange and a number of international competitions, including ARC
Awards, the world's largest international contest for annual
reports. The Company maintains a leading position in the top 10 in
the Moscow Stock Exchange and RSPP sustainability indices.
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