Dialogue with stakeholders
The Integrated Management System implemented at Grupa LOTOS S.A. comprises the transparent rules of communication with stakeholders of crucial significance for the organization. Representatives of the Company participate in industrial, business and social organizations, which guarantees the current monitoring of any changes that occur in its environment and the discussion on the expectations formulated towards Grupa LOTOS S.A. Such involvement reduces the risk resulting from the Company’s impact on the social, natural and business environments.
The importance attached by the Company to dialogue with stakeholders is visible in improving communication with regard to aspects of sustainability in business contexts. The Environmental Report of the Company was attached to the Annual Report of Grupa LOTOS S.A. for 2006. At present, such reporting has been extended by implementing the reporting standards included in the international Global Reporting Initiative (GRI).The Global Reporting Initiative is an independent organization that acts to develop and propagate so-called Sustainability Reporting Guidelines. GRI guidelines are applied globally and may be used by all companies that are ready to submit reports on their economic, environmental and social activity. Global Reporting Guidelines provide a flexible scope of voluntary non-financial accounting with regard to different aspects of CSR and sustainability. They were helpful in presenting the operations of the LOTOS Group in 2006-2007 in a manner that enabled the assessment of its present commitment and the benchmarking of specific aspects with the activity of other firms. The scope of reporting will be broadened successively and the reports will be presented systematically.
By presenting the first CSR Report, the LOTOS Group has started the long-term process of implementing the GRI standard in this regard.
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