Environmental risks


Environmental risks relate to the potential adverse environmental impact of Grupa LOTOS. The environmental risks are interrelated with a number of other risks, in particular the technical and process risks, whose materialization may cause a threat to the environment (through increased emission of flue gases, ground leakage of hydrocarbons, etc.). For these reasons, each risk we identify is assessed also in terms of potential damage to the environment, and appropriate preventive measures are put in place. In addition, to ensure compliance with all environmental regulations and standards, we monitor the national and community laws on a daily basis, and where possible actively participate in the legislative process. Applications for any requisite permits and decisions are made well in advance, in consideration of the risk that administrative proceedings may last longer than expected.