INTRODUCTION

GRI 103-1
 

The pursuit of sustainable development as the Group’s priority will be driven by parallel investments in riskier business areas yielding relatively high rates of return (upstream) and in regulated areas offering considerable safety of the investments (gas distribution, power and heat generation).

Sustainable development values are part of every single aspect of the Group’s business activity. Awareness of the Group’s responsibility for national energy security and its environmental impact calls for the creation of synergies between key business areas, taking into account stakeholders’ expectations. Therefore, the PGNiG Group is committed to meeting the highest ethical standards in terms of transparent organisational culture, relations with employees and customers, corporate citizenship, and environmental and climate initiatives.

The pursuit of goals set for the Group is underpinned by the values laid down in its Code of Ethics. Responsibility, credibility, partnership and quality are the four primary values from which all the other values, including transparency, are derived. PGNiG’s ethical mindset built by employees for decades is in itself a great value shaping the Group’s organisational culture. The professional ethics of mining and gas industry workers represents common values that distinguish our industry and allow us to better and more effectively pursue shared goals.

The PGNiG Group has embarked on an ambitious capital investment programme that lays the foundation for long-term and stable value growth.

The PGNiG Group’s strategies are in line with the Responsible Development Plan and the Responsible Development Strategy until 2020 (with an outlook until 2030) as its extension sanctioned by the Council of Ministers on February 14th 2017, and they are also consistent with Poland’s Energy Policy until 2030. By growing its business and value, the Group contributes to the achievement of Poland’s and EU’s objectives. Programmes to expand the distribution infrastructure and diversify gas supply sources improve access to natural gas and help eliminate ‘gas exclusion’. They lay groundwork for Poland to tackle current climate challenges and support the growth of RES with natural gas as a stable and low-emission energy source. By advancing innovation, the PGNiG Group also contributes directly to the development of new, clean energy solutions, such as hydrogen. These strategic initiatives draw on and implement in practice the United Nations 2030 Agenda for Sustainable Development (For more information, go to UN AGENDA)