Because organic electronics suffer from degradation inducing oxidation processes, oxygen tolerant organic molecules could solve this issue and be integrated to improve the stability of devices during operation. In this work, we investigate how lutetium doubledecker phthalocyanine (LuPc 2) reacts towards molecular oxygen and we report microscopic details of its interaction with LuPc 2 film by combining X-ray Photoemission Spectroscopy, Near Edge X-ray Absorption Fine Structure Spectroscopy and Density Functional Theory. Surprisingly, LuPc 2 molecules are found to weakly physisorb below 120 K and appear rather inert to molecular oxygen at more elevated temperatures. We are able to draw a microscopic picture at low temperature in which oxygen molecules stick on top of the pyrrolic carbon of LuPc 2. Our work sheds light on a class of semiconducting molecules, namely doubledecker phthalocyanines, that present a high tolerance towards molecular oxygen, opening promising perspectives for the design of stable materials to be applied in the next generation of organic based electronic devices operating under ambient conditions.