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Integrated Annual Report 2020
LOTOS Group
GRI list
TCFD
PL
EN
The LOTOS Group in 2020
Letter from the President of the Management Board
Letter from the Chairwoman of the Supervisory Board
Key performance factors
About us
Lotos Group and its environment
We are determined by sustainable development
Modernity and efficiency in oil extraction and processing
Products and services
People first
Value chain
LOTOS in ESG rankings
Membership in trade organisations and CSR
Awards and honours
Calendar of major events
Strategy
Value creation model
Our capitals
The “Stabilisation and Secure Development” strategy
Implementation of the strategy in 2020
Financial performance
Selected financial data
Consolidated statement of comprehensive income
Consolidated statement of financial position
Consolidated statement of cash flows
Consolidated statement of changes in equity
Notes to the financial statements
Market environment and prospects
Outlook
Macroeconomic environment of Grupa LOTOS and the LOTOS Group in 2020
Changes on the fuel market in 2020
Our activity in 2020
Manufacture and trade segment
Crude oil refining
Model refining margin
Supply sources
Sales of petroleum products on the domestic market
Export markets
Logistics supporting the Refining & Marketing segment
Refining & Marketing sales structure
Exploration and production segment
Organisation of the Exploration & Production segment
Upstream assets and production volume
Exploration and production activities in Poland
Exploration and production activities in Norway
Exploration and production activities in Lithuania
Key development projects of the Exploration & Production segment
Environment
Our approach to sustainable development
Climate change strategy
Emissions into the atmosphere
Energy generation and consumption
Raw materials
Waste
Water and sewage
Biodiversity
Society
Values of corporate social responsibility
Social
responsibility
Relationships with local communities
Activities for local communities
Sponsorship activities
Activity of the LOTOS Foundation
Human rights in the value chain
Employees
HR Policy
Employment structure
Occupational Health & Safety
Diversity management
Remunerations and benefits
Development and education
Employee volunteering
Management
Corporate governance
Corporate governance standards and scope of application
Governance structure
Ethics
Ethics and counteracting corruption
Ethical supply chain
Risk Management
Main types of risks in LOTOS Capital Group
Risk management model
About the raport
About the raport
GRI list
ESG index
Compliance with TCFD Recommendations
Integrated Annual Report 2020
Society
Values of corporate social responsibility
Values of corporate social responsibility
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