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Integrated Annual Report 2012
The Culture of Values

 

logo Best Annual Report 2012
Grupa LOTOS S.A. - Integrated Annual Report 2012

Grupa LOTOS in the RESPECT Index

 

Since November 19th 2009, Grupa LOTOS has been continuously included in the index of WSE-listed socially responsible companies – the RESPECT Index (Responsibility, Ecology, Sustainability, Participation, Environment, Community, Transparency). The index comprises businesses managed in a sustainable and responsible manner, offering highly attractive investment opportunities.

In 2012, the Company twice (every six months) underwent external review for compliance with the index's criteria. Following the preliminary classification of companies against the free-float criterion, this further evaluation covers corporate governance, information governance and investor relations practices, as well as practices in the area of environmental protection, social responsibility, and employee and customer relations.

On January 24th 2013, Grupa LOTOS was selected for inclusion in the RESPECT Index for the sixth time. The index currently consists of 20 listed names.

The RESPECT Index is an income index, taking into account income from dividends and pre-emptive rights. The interests of the companies listed as part of the index (their weights) represent their number of free float shares less the number of shares introduced to trading.  The numbers are rounded to the nearest thousand. The shares of major index companies are limited to 25% when the index includes fewer than 20 companies, and to 10% when it exceeds 20. The index is calculated continuously at one-minute intervals. The index's opening value is published after session opening, when the companies’ stock prices enable valuation of at least 65% of the index's portfolio during the session. Its closing value is broadcast once the session has been closed.

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