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Society

LUKOIL annually supports a large number of socially significant projects and initiatives in many regions of the Russian Federation. The Company's external social activities cover areas that are important both for everyday life and for the future of the regions where LUKOIL Group entities operate.

The Company's goals are to expand opportunities for people, improve the quality of life in cities and rural areas, and generally maintain a favorable social climate in the regions. When choosing specific solutions, the Company considers the needs of the regions and relies on constructive cooperation with stakeholders.

The LUKOIL Charity Fund and the LUKOIL Sports Club play a key role in implementing external social activities. One of the company-wide support mechanisms is the annual Social and Cultural Projects Competition. LUKOIL Group entities also support social initiatives tailored to the specific needs of their regions of operation.