Lukoil

InfluenceMap Score
D-
Performance Band
44%
Organisation Score
43%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Energy
Head​quarters:
Moscow, Russia
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Lukoil communicates broadly positive top-line positions on climate change. At a more detailed level, it appears to show very low engagement and transparency on climate policy. However, where evidence has been found, Lukoil appears to have engaged negatively with climate policy. Evidence suggests that the company has lobbied for relaxed environmental regulations and has appeared unsupportive of carbon reduction programs. Lukoil also seems to support a continued role for oil and gas in the energy mix. In addition, the company retains membership to a number of trade associations that have lobbied against several EU climate policy streams.

Top-line Messaging on Climate Policy: Overall, Lukoil has communicated positively about climate policy in its top-line messaging. As of 2021, the company has acknowledged climate science and recognized the need for global actions towards greenhouse gas emissions reduction in its paper on UN Sustainable Development Goals. Lukoil has also stated support for the Paris Agreement goals in its Sustainability Report published in 2019.

Engagement with Climate-related Regulations: Regarding engagement with specific regulations, there is limited transparency on Lukoil’s activities in recent years. In its CDP disclosures submitted in 2019 and 2020, Lukoil did not respond to the question on their direct engagement on climate-related policies. Past evidence suggests that the company appeared unsupportive of carbon reduction programs in 2014 and directly advocated President of Russia Vladimir Putin for a relaxation of environmental regulation in 2015.

Positioning on Energy Transition: In terms of energy transition, Lukoil appears to support a continued role of fossil fuels in the energy mix. In a press release published in December 2019, Lukoil suggested reforms of tax legislation and relaxation of institutional restrictions to accommodate an increase of oil production in the upcoming years. In its Sustainability Report published in 2019, the company stated that the oil and gas industry would continue to develop in parallel to the ‘new’ power industry, suggesting the company supports a long term role for oil and gas.

Industry Association Governance: Lukoil shows mixed transparency regarding its activities in industry associations. In its CDP disclosures submitted in 2019 and 2020 respectively, Lukoil only disclosed its engagement with two associations, i.e. the Russian Union of Industrialists and Entrepreneurs and the Russian Chamber of Industry and Commerce. Its Sustainability Report (2019) contains a list of its industry associations’ membership with no further details on the climate policy positions of these associations and how Lukoil is influencing these positions. Furthermore, Lukoil is a partner company of BusinessEurope and a member of FuelsEurope; both associations have lobbied against some EU climate policies.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
1 NS NA NS NS NS NS NA
Alignment with IPCC on Climate Action
1 NS NA NS NS NS NS NA
Supporting the Need for Regulations
NS NS NS NS NS NS NS NA
Support of UN Climate Process
1 NS NA NS NS NS NS NA
Transparency on Legislation
-1 NA -2 NA NA NA NS NA
Carbon Tax
NS NS NA NS NS NS NS NA
Emissions Trading
1 0 NA NS NS NS NS NA
Energy and Resource Efficiency
NS NS 0 NS NS NS NS NA
Renewable Energy
NS NS NA NS NS NS NS NA
Energy Transition & Zero Carbon Technologies
0 -2 NA NS NS -1 NS NA
GHG Emission Regulation
NS NS 0 NS -2 NS NS NA
Disclosure on Relationships
-1 NS -1 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
39%
 
39%
 
44%
 
44%
 
48%
 
48%
 
35%
 
35%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.