30 years of sustainable development

The LANGEPASURAICOGALYMNEFT oil company was founded ("LUKOIL") and incorporated as LUKOIL Oil Company OJSC

Start of organized trading of the Company's shares on the secondary market (Russian Commodity Exchange

The Department of Industrial and Environmental Safety and Labor Protection was created

Establishment of the LUKOIL Charity Foundation and the Association of Trade Union Organizations

First cooperation agreements signed with Russian regions

LUKOIL's single share gained blue-chip status, and LUKOIL bonds were listed on the London Stock Exchange

The first Environmental Safety Program was put into effect

LUKOIL's first Energy Saving Program was adopted

The first APG utilization projects were implemented

An agreement was signed between the employer and the trade union associations across Russian entities

The Institute of Trade Unions for Occupational Safety and Health was established

The HSE Policy of LUKOIL Group in the 21st Century was adopted

A zero-discharge principle was introduced for offshore projects

The Social Code of PJSC LUKOIL was adopted

The first collective agreements were signed

Committees of the Board of Directors were established

The first Sustainability Report was published

The Company Sea and River Terminals Safe Operation Concept was approved

An inventory of GHG emissions was conducted, implementation of Kyoto projects in progress

A quality management system was created

Russia's first Social Project Competition was held

The Company's HR Policy was adopted 

LUKOIL became a member of the UN Global Compact and the Social Charter of Russian Business (the Russian Union of Industrialists and Entrepreneurs — RSPP)

The LUKOIL Code of Business Conduct and Ethics was adopted

An agreement was signed between the employer and trade union associations across foreign entities

The Council for Young Professionals was founded

LUKOIL Group's Technical Policy on Energy Efficiency was adopted

The Risk management function was established and elaborated

Certification for compliance with the international standard ISO 50001 Energy Management System

Participation in international CDP Reporting and the Global Environment Facility's Biodiversity Conservation Program

Transition to the production of only Class 5 gasoline (Euro-5 compliant) 

The HSE Committee was established

The Strategy and Investment Committee was reorganized as the Strategy, Investment, Sustainable Development and Climate Adaptation Committee

LUKOIL Group's strategic goals for sustainable development were determined

The Antimonopoly Policy of LUKOIL Group and Anti-Corruption Policy of PJSC LUKOIL were approved

Adoption of the Arctic Biodiversity Program

Joining the World Bank's "Zero Routine Flaring by 2030" initiative

Improvements to the carbon management system

The Human Capital Management Policy of PJSC LUKOIL was adopted

The LUKOIL Group Sustainability Policy was adopted

The LUKOIL Group Human Rights Policy was adopted