Supervisory Board

Commitment to sustainable development

The interest of the Supervisory Board of Grupa LOTOS is focused on the Company's activities in the perspective of sustainable development as regards the access to raw materials as well as the social and environmental impact of the Concern.

In 2010, the Supervisory Board met nine times and adopted 41 resolutions, two of them being written resolutions. In its work, the Board focused on a number of strategic areas and considerations, including the assessment of performance, opportunities and risks pertinent to sustainable growth. These included:

  • progress of work under the 10+ Programme,
  • upstream opportunities,
  • LOTOS Group’s strategy for 2011–2015 and development directions until 2020,
  • implementation of the of Anti-Crisis Package,
  • financing of CSR projects, and
  • corporate sponsorships.
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Business strategy

Our strategy calls for mitigating the negative environmental impact and valuing the intellectual capital of our employees.

Key risks, opportunities and challenges in the context of sustainable development

Compared to 2009, some of the operating, financial and market-related risks were relatively reduced.

Society

Open relations with its social environment which are built on confidence and cooperation constitute an important value for the LOTOS...

Environment

State-of-the-art technology applied at the Gdańsk refinery goes far beyond the environmental protection requirements.

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