AFK ‘Sistema’, Lukoil, and Norilsk Nickel, participants of Russian UN Global Compact network, according to the results of the ‘Responsibility and Openness’ and ‘Sustainable Development Agenda’ instalment indices, developed by the Russian Union of Industrialists and Entrepreneurs (RSPP), have joined the ranks of the top leaders on the level of information disclosure on corporate social responsibility. Indices were created based on public annual and non-financial reporting analysis of top-100 largest corporations of RAEX-600 and RBK-500 ratings.
LUKOIL is leader of the Russian oil and gas industry in terms of efficient application of new production technologies. The Company invests into innovation development by implementing cutting-edge designs and technologies into every area of its operations.
Being one of the world’s largest users of natural resources, LUKOIL stringently abides by the highest global environmental standards and prides itself on the environmental management system it has in place.
Investments into future opportunities, including into innovations to gradually reduce the consumption of natural resources, materials and energy while maintaining the maximum possible output are considered by LUKOIL as its strategic priority. The Company is committed to seeking and utilizing new technologies that it believes to be one of the key preconditions not only for its own development, but also for the development of the entire country.