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LUG S.A.with the title of Climate Crisis Aware Company

20 September 2021

We are pleased to announce that according to the results of the 3rd edition of the Companies Climate Crisis Awareness Survey organized by the Reporting Standards Foundation, the Stock Exchange Issuers Association and Bureau Veritas Polska, LUG S.A. once again received the title of Climate Crisis Aware Company. In the classification, the Company gained 8.33 points out of 10 possible ones. Thus, LUG S.A. advanced from the third place in 2020 to the second place in 2021.

During the study, 153 reports of listed companies subject to the obligation to publish non-financial information were analyzed, of which over a third (35%) of the analyzed companies did not receive any points, and only 44 achieved a result above 2 points. The content of the report was assessed on the basis of 10 key criteria. Three of them related to the policies or strategies of companies with regard to managing climate crisis issues and identifying risks and opportunities related to climate change, and seven related to the reporting of greenhouse gas emissions.

For the third year in a row, we participate in the research on the climate awareness of companies and we are again among the leaders. This is an important aspect of our activity and I am glad that a group of independent experts positively evaluates our work in this area. Climate change is already a fact, and this year's weather anomaly only confirms what scientists have been talking about for a long time. Unfortunately, the results of the companies' climate awareness research are not optimistic. I would like to emphasize that LUG is a socially responsible company, which is why it is so important to us how our activity affects the environment. When creating our products, we always make sure that they are as energy-efficient as possible - summarizes Ryszard Wtorkowski, President of the Management Board of LUG S.A.

This year, the average result of the companies in the survey was 1.79 out of 10 possible points and was 0.08 points lower than in the previous year. In this group, LUG S.A.'s score of 8.33 points out of 10 possible is high. The full results of the study are available on the Bureau Veritas Polska website.

 
LUG S.A.with the title of Climate Crisis Aware Company