ANNUAL REPORT 2005 - Lukoil

ANNUAL REPORT, 2005
AA 1000 standard and uses recommendations of the Global Reporting Initiative (GRI). The Company
will issue such reports once every two years in the future.
LUKOIL's efficiency in human resources management has won recognition outside the Company: the
Main Personnel Division of LUKOIL was chosen as the winner of an All-Russian competition in 2005,
which compared the quality of personnel departments in Russian companies.
SOCIAL POLICY AND CHARITY ACTIVITIES
Social and charity programs are an integral part of the LUKOIL corporate strategy and help to further
a constructive dialog with government, business and society. Such programs are carefully targeted
and are based on the professional experience and human potential, which the Company has at its disposal
in particular regions. Along with traditional forms of charity, LUKOIL is implementing strategic
charity programs and social investments, which connect solution of social problems with the
Company's strategic goals.
Support for Children's Homes and Schools
LUKOIL views helping children as a priority task, and includes it in all Company social initiatives: charity,
sponsorship, sports programs aimed at children and young people, and cultural activities. The
Company aims to achieve a balanced approach, helping children who are disadvantaged due to
unfavourable family circumstances or health problems, but also helping children from secure family
backgrounds to develop their abilities and talents.
The Company itself and the LUKOIL Charity Fund provide help to more than 50 children's homes and
boarding schools in all corners of Russia. The help is relevant to education, health, learning a profession
and finding a place in life.
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