Lukoil

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Sustainability Summary

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Lukoil Sustainability Profile

Lukoil is not currently tracking sustainability.

Sustainability Summary

  • This is an unclaimed profile. Lukoil has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
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LUKOIL is one of the largest oil and gas vertically integrated companies in the world, accounting for over 2% of crude production and approximately 1% of proved hydrocarbon reserves. The company conducts its business in a sustainable way, seeking to strike a balance between environmental sustainability and social and economic development. LUKOIL's approach to sustainability management is based on aligning the interests and plans of the company with UN sustainability principles and the highest environmental standards.

About Lukoil

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Lukoil Sustainability Actions

GHG emissions reduction target

LUKOIL has set an objective to reduce GHG emissions by 2030, with plans to cut back on controlled emissions (Scope 1 + Scope 2) by 20% versus baseline levels.

Greenhouse gas management system

LUKOIL Group's greenhouse gas emissions management system aims at low-carbon development of the entire business model, including decarbonization of procurement.

2023 Sustainability Report published

LUKOIL released its 2023 Sustainability Report, built around the core idea 'People drive our sustainability', documenting the results of steps taken by LUKOIL Group over the reporting period.

ESG reporting recognition

LUKOIL Group Sustainability Report for 2023 received the Hong Kong ESG Reporting Award (HERA) in the Best International ESG Report category.

Lukoil Sustainability Commitments

2030

Reduce controlled GHG emissions

LUKOIL has committed to reducing controlled emissions (Scope 1 + Scope 2) by 20% versus baseline levels.

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About Lukoil

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This information references https://www.lukoil.com/ and was sourced on 19/07/2023. Is this your business? Suggest an edit