Annual Report 2011


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Grupa LOTOS S.A. - Integrated Annual Report 2011
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Corporate governance

As a listed company, Grupa LOTOS adheres to the principles of
transparency of its operations and communication, trust building
in its relations with stakeholders, and openness and consistency
creating value for shareholders.

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The Corporate Social Responsibility values of the Company originate from the commonly accepted ethical and environmental standards.

The Company adheres to the internationally accepted best practices of responsible and sustainable business.

In order to uniform standards of management and behaviour for the LOTOS Group, codes of best practices have been adopted.

Risk management supports decision-making processes and choosing the most beneficial solutions for the Company.

The results of the assessment for 2011 testify that Grupa LOTOS is oriented towards professionalization of its activities.

The Supervisory Board analyses sustainable development issues, i.a. access to raw materials and the social and environmental impact.

In 2011, the Board of Grupa LOTOS received Polish civil state awards for the successful completion of the 10+ Programme.