Corporate Secretary

In 2018, the Corporate Secretary Natalia Podolskaya paid great attention to sustainability issues. Since sustainable development was determined as being one of the Company's strategic development goals, the efforts of the Corporate Secretary were aimed at supporting respective initiatives and obtaining maximum benefit from the experience of Board members, who have exceptional capabilities in this area. In particular, during the reporting year the Corporate Secretary organized a speech by Mrs. Toby Gati, a member of the Board of Directors of PJSC LUKOIL, at a Russian Institute of Directors conference dedicated to corporate governance, where a wide range of corporate governance issues was discussed.

As a member of the Sustainability Reporting Working Group, the Corporate Secretary plays an active role in coordinating the drafting of the non-financial reporting of LUKOIL Group, interacts with dedicated business units of the Company and members of the Strategy and Investment Committee of the Board of Directors of PJSC LUKOIL. During the year the Corporate Secretary of PJSC LUKOIL took part in forums held by the professional community to exchange opinions on approaches to developing corporate sustainability management systems.

Awards received in 2018

  • At the XXI Annual Competition of the Moscow Stock Exchange the Company's 2017 Sustainability Report won a prize in the special category "Best Public Non-Financial Report of a Company in the Oil and Gas Sector with More Than 100,000 Employees" in a competition held by the Russian Ministry of Energy to establish the best socially-oriented company in the oil and gas sector in 2018.
  • LUKOIL won the All-Russian RSPP Competition “Leaders of Russian Business. Dynamics, Responsibility, Sustainability 2018” in the category “High Quality of Sustainability Reporting”.
  • Based on the performance results of 2018, the professional community praised the work of the Company's Corporate Secretary: Natalia Podolskaya received an award in the 8th National "Director of the Year" Awards, in the category "Corporate Governance Director / Corporate Secretary of 2018".
  • Based on a comparison of disclosure and transparency levels, LUKOIL is a leader in the prestigious international Thomson Reuters ESG Score rating among publicly traded companies that published a sustainability report for 2017.

On July 4–5, 2018, the International Forum of Corporate Secretaries "Corporate Secretary and Corporate Governance: New Challenges and Old Problems" was held. At the forum Natalia Podolskaya delivered a report on the Company's non-financial reporting system and on the management of aspects of sustainability.