Integrated Report

In 2021, for the second consecutive year, LIPOR is publishing an Integrated Report, covering the 2020 calendar year (1 January to 31 December 2020). This Report consolidates and adjusts to new trends, following 17 consecutive years of Annual Reports on Sustainability & Accounts.

As part of our Commitment to Transparency, we have prepared this document which includes financial and non-financial information, as the fundamental elements of the annual public reporting of LIPOR's activity, especially addressed to all our Stakeholders, promoting their involvement and commitment.

In a year so atypical as the one we live in 2020, LIPOR doesn't t stop! The report presents the Strategy, the Business Model, the evolution of results in terms of Financial, Industrial, Natural, Human, Intellectual and Social and Relational Capitals. It also presents information on Governance, Financial Statements and the Performance of the key Sustainability dimensions.

The Report is aligned with the best reporting practices, namely the guidelines of the International Integrated Reporting Council (IIRC) and, as far as Sustainability is concerned, the guidelines issued by the Global Reporting Initiative - GRI Sustainability Reporting Standards, the international standard on sustainability reporting. This Report was prepared in accordance with the GRI Standards: Essential option.

The Financial Statements were drawn up according to the International Financial Reporting Standards (IFRS), as implemented in the European Union.

In order to ensure data reliability and veracity, information regarding sustainability reported in LIPOR’s Integrated Report 2020 was properly subjected to independent external assurance by Ernst & Young Audit & Associados - SROC S.A having the Board of Directors received the External Assurance Statement and the AA1000AS Standard Licence. The 2020 Integrated Report is only available in digital format.

 

The document and its annexes are written according to the new Portuguese spelling agreement and are available in Portuguese and English.