Grupa LOTOS S.A. Annual Report 2010
Financial, social and environmental results
The LOTOS Group strives to emerge as the most reputable oil company in the Baltic Sea region, being widely recognised for high-quality petroleum products, best-quality customer service, and professional management style. The strategic objective pursued by the LOTOS Group is to create value for shareholders, while respecting the principles of sustainable development.
The LOTOS Group’s consolidated non-financial statement was prepared based on the Reporting Framework of the Global Reporting Initiative (G3 GRI) on disclosing sustainability performance and the Principles of the United Nations Global Compact in the areas of human rights, working conditions, natural environment and counteracting corruption.
The LOTOS Group’s consolidated financial statements for the year ending December 31st 2010 were prepared in compliance with the International Financial Reporting Standards (IFRS), and were released together with the auditor’s opinion.