PJSC Lukoil — Ethics Grade F

PJSC Lukoil receives an overall ethics grade of F (15/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 30
• privacy: 50
• consumer: 40
• environment: 15
• humanRights: 20

Documented incidents (3)

• Komi Republic Oil Spill (high, 2021) — A major leak in a Lukoil pipeline in northern Russia released approximately 100 tons of oil into the Kolva River. Local communities reported massive environmental damage and threats to indigenous fishing grounds.
• Russian Fuel Price Fixing (medium, 2011) — The Russian Federal Antimonopoly Service fined Lukoil and other oil firms for price-fixing in the wholesale fuel market. The company was found to have abused its dominant market position to keep prices artificially high.
• Union Suppression (medium, 2018) — International labor organizations have criticized the company for preventing independent trade unions and allegedly targeting workers who attempt to organize outside of company-approved structures.

Documented good deeds

• Solar Energy Pilot — The company commissioned a 20 MW solar power plant at its Volgograd refinery to reduce the carbon footprint of its internal operations.

Ethical alternatives

• Neste Oyj — Leading the transition from traditional crude oil to renewable diesel and sustainable aviation fuels.