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Download Report (PDF; 3.90 Mb) - Lukoil

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LUKOIL'S APPROACH TO SUSTAINABILITY REPORTINGwill be published in the next report, as it is outside of the currentreporting period which covers only the years 2003 and 2004. Dialogueparticipants also inquired about the funds earmarked for social purposes,and this <strong>Report</strong> provides the absolute values for them. In line withProposal 12, the Company will conduct consultations and an analysis,whose results will also be published in the next <strong>Report</strong>. The kind ofassistance envisioned in Proposal 11 is already customary in LUKOIL'ssocial partnership programmes.The economic component of the Company's work was the subjectof a proposal that the Company elaborate on the collective contributionof major Russian companies to the growth of gross domesticproduct. The Company views that topic as very important andtimely, particularly in conjunction with current public discussions ofthe role of large companies in the economic development of thecountry. However, that proposal faces the Company with an inappropriatetask. That kind of activity properly belongs to public associationsof businesses. In this <strong>Report</strong>, the Company has attemptedto present LUKOIL's contribution to development in the regionswhere it operates.15

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