Sustainable development objectives are integrated into the general business strategy and achieved as part of the dedicated programs and development plans developed for specific business segments.
Thanks to continuous improvement of its sustainability performance LUKOIL's activities contribute to sustainable economic growth amid simultaneous increase of responsibility towards all stakeholders.
CONTRIBUTION TO UN SDGs
Taking into account the strategic guidelines of LUKOIL Group, the Company's experience in implementing environmental and industrial safety programs, social programs for employees of our entities and for the regions in which our enterprises operate, as well as the expectations of interested parties, we haveidentified 11 priority UN Sustainable Development Goals and 15 Targets.
RISK MANAGEMENT
The Company has a risk management system in place which makes a basis for the regular identification, assessment and monitoring of potential events that can have an adverse impact on the operations of the Company as well as for the development of actions to prevent such events or minimize their negative impact in case their occurrence.
STAKEHOLDERS
The successful implementation of our strategic goals is facilitated by a relationship of trust with stakeholders, including customers, employees and trade unions, state legislative and executive authorities, shareholders and investors, business partners (suppliers and contractors), and society as a whole.