Below is the information acquired on AB LIETUVOS DRAUDIMAS, which is not yet included in our research perimeter.

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Last update 10 July 2021

Description of economic activities

Other personal service activities nec (NACE2 9609)

The company is engaged in the provision of insurance products and services. It offers compulsory third party motor liability insurance, CASCO insurance, home insurance, accident insurance, and travel insurance solutions. It was founded in February 1921 with headquarters located in Vilniaus M., Lithuania.The company is the insurance market leader in Lithuania and the largest insurance firm in the Baltic states. It specializes in providing personal and commercial insurance. Personal insurance offers a wide range of services, including motor insurance, home insurance, personal accident insurance, travel insurance, and livestock insurance. Commercial insurance provides a wide range of services, including construction and erection all risks insurance; business interruption insurance, rolling stock insurance, general third party liability insurance, general professional third party liability insurance, constructors third part liability compulsory insurance, as well as personal accident insurance, complex travel insurance, medical expenses insurance for foreigners in Lithuania, passenger group insurance against accidents, cargo insurance, vessel hull and third party liability of vessel owner insurance; livestock insurance, and architects third part liability compulsory insurance.The company strives to be a reliable insurance partner securing safety and freedom to act.
  • AB LIETUVOS DRAUDIMAS

  • Lithuania (LT)
  • Company type: Insurance company
  • Parent company: POWSZECHNY ZAKLAD UBEZPIECZEN SA
  • Chief Executive Officer (CEO): Mr Kestutis Serpytis
  • CEO Total remuneration: N/A
  • Website: www.ld.lt

Financial data

Number of employees

1,054
1,069
1,099
1,100

Revenue 1

246
250
239
204

EBIT 1

27
22
21
16

EBITDA 1

N/A
N/A
N/A
N/A

1 numbers are in millions

  • RepRisk Indicator (last month):  N/A

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact:
  • N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines: N/A
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions