We have defined LUKOIL’s next mission in the context of a global energy transformation as a “responsible hydrocarbon producer”. We believe that considering LUKOIL’s competitive advantages, the best we can do is to continue to supply the world economy with the most efficient fossil energy resources, while at the same time focusing on reducing the carbon footprint of their production.Vagit AlekperovPresident, Chairman of the Management Committee of PJSC LUKOIL
30 years of sustainable
Early estimatesSource: COVID-19 and the World of Work. International Labor Organization (ILO), 2020. suggest that the COVID-19 pandemic had a significant and disproportionate impact on the labor sector, resulting in extensive losses of work hours, higher unemployment rates, and income losses for workers and their families. At the same time, the spread of the coronavirus accelerated (when compared to pre-crisis forecasts) trendsSource: The future of work after COVID-19. McKinsey Global Institute, 2021. which will affect the employment structure across all industries. That may include growing automation and the introduction of new information technologies into work processes, a shift to remote or hybrid work modes, and an increase in the share of the digital economy. These innovations can give a distinct boost to productivity and result in the creation of new jobs.
In the face of rising transformational factors and risksSource: The Global Risks Report 2020. World Economic Forum, 2021., companies will have to rethink their strategies for employment, hiring and retaining employees, as well as find new ways to train and redeploy staff with a focus on highly sought after tasks. The year 2020 has reaffirmed the need to change personnel management processesSource: Win with Empathy. Global Talent Trends 2020–2021. Mercer, 2021 and plan them out thoughtfully. The main focus areas of such changes areSource: ibid. health protection, a responsible approach to labor remuneration, forecasting of highly desirable labor skills, attracting talents, and forming an integrated employee pool based on hybrid employment terms, while ensuring personnel diversity, equality, and involvement.