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Lukoil & Industriall Global Union Renew Agreement

Source: www.gulfoilandgas.com 6/4/2018, Location: Asia

?President of LUKOIL Vagit Alekperov, General Secretary of IndustriALL Global Union Valter Sanches, Chairman of the All-Russian Trade Union of Oil, Gas and Construction Workers Aleksandr Korchagin and Chairman of the Council of the International Association of LUKOIL's Trade Unions Georgy Kiradiyev signed a Global Framework Agreement, in Moscow today, on further improvement of industrial relations and compliance with all international standards in the world of work.

LUKOIL was the first company among its East European peers to sign a document of this kind. The company operates in full compliance with the UN Universal Declaration on Human Rights, the OECD Guidelines for Multinational Enterprises and the ILO Tripartite Declaration of Principles Concerning Multinational Enterprises and Social Policy.

"LUKOIL, as a company operating in over fifty countries worldwide and almost in sixty regions in Russia, is honored to renew the agreement. Being a private company, LUKOIL is nevertheless socially responsible, and the agreement is yet another proof of our commitments under collective contracts", Mr. Alekperov said.

"I am glad that our relationship, begun back in 2004, continues. We represent over fifty million workers around the world, and I can say that in many countries we do not have such good relations as we have established with LUKOIL. Today's signing is a move which will contribute both to the oil and gas industry and to the economy as a whole", Mr. Sanches noted.

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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