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PJSC Lukoil is a publicly listed integrated oil and gas company headquartered in Russia. In 2020, it had USD 20.69 billion in revenue and a reported 105,624 employees in 2019*. Lukoil is the second largest crude oil producer in Russia and its operations account for 1% of proven global oil reserves and 2% of global oil production. The company is inadequately prepared for the low-carbon transition.

Ranking position
#53 /100
Total score
5.0 /100
Performance score
2.1 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)


6.7 /100 #30

Material Investment

5.0 /100 #57

Intangible Investment

0.0 /100 #20

Sold products

5.4 /100 #29


32.8 /100 #46

Supplier Engagement

20.0 /100 #21

Client Engagement

8.8 /100 #31

Policy Engagement

40.0 /100 #16

Business Model

5.0 /100 #37

Leading practices

No leading practices were identified for this company.

Risks and opportunities


Lukoil receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With no emissions reduction targets beyond 2020, the company is unlikely to achieve the rate of change required by its 1.5°C pathway. Although the company has plans to expand its renewable electricity generation, the increased proportion of gas in its fuel mix and its continued focus on increasing hydrocarbon production and refining volumes, demonstrates the company’s lack of commitment to the low-carbon transition.

Progress towards the Paris Agreement

See results for

  1. 2023

More about the company

Moscow, Russia
Group revenue
RUB 1,530.3 billion (USD 20.69 billion)
Ownership structure
Publicly listed
Number of employees
Scope of activity
Fully integrated