Luberef’s ESG approach is built on the belief that sustainability and performance go hand in hand. The Company integrates environmental, social, and governance principles into every aspect of its operations to enhance efficiency, reduce impact, and create long-term value for employees, partners, and communities.
ESG Vision
Luberef is committed to positively contributing to society and creating value for our shareholders with ESG as a core element
- Consistency with business strategy
- Acknowledgement of Company’s baseline
- Alignment with external stakeholders
3 Key Pillars
- Focus on regulatory compliance and economic value creation
- Cultivating a transparent and inclusive ESG culture
- Developing and implementing a clear roadmap for sustainable growth
Governance and Oversight
Luberef’s ESG governance framework ensures sustainability is embedded in strategic and operational decisions, with clear accountability from the Board to management and dedicated functions driving execution across the organization.
ESG governance at Luberef follows a multi-tiered structure:
| Function | Responsibility |
|---|---|
| BAC & RNC Committees | Recommend ESG goals for the BOD, allocate resources, and monitor strategic progress. |
| Management-level ESG Steering Committee | Translate these goals into actionable strategies and oversee roadmap execution. |
| ESG Hybrid Function | Coordinates daily implementation, project management, and internal communication, ensuring that sustainability remains embedded across Luberef. |
Sustainable Management Systems
- ISO 14001:2015
- ISO 50001:2018
- ISO 45001:2018
- ISO 9001:2015
These accreditations provide a structured framework for managing environmental impacts, energy performance, product quality and workplace safety across Luberef’s operations.