ORLEN sets new standards for ESG transparency, joining global TNFD initiative

“ORLEN, recognising the critical importance of natural resources and ecosystem services to the energy sector, is consistently working to reduce its environmental footprint while adapting to climate challenges. Our decision to implement the recommended TNFD framework is an important step that strengthens our credibility in sustainable development and aligns us with global industry-leading best practices. These actions are an integral part of ORLEN’s strategy to transform the Group towards innovative, low-emission technologies and solutions that ensure the region’s energy security,” stressed Arkadiusz Kamiński, ORLEN’s Executive Director for the Environment.  

Joining the group of TNFD Adopters is part of ORLEN’s broader strategy to protect biodiversity. Since 2023, the Group has in place a Biodiversity Policy setting out the principles and directions for protecting and promoting natural heritage through measures designed, among other things, to minimise its impacts on ecosystems, protect species and habitats, manage resources responsibly, and incorporate environmental analysis into project workflows. These measures are being gradually implemented across all areas of the Group’s business.

ORLEN is developing tools and processes to better manage its environmental impacts. One of the key objectives of the ORLEN Group Sustainable Development Strategy is to prepare and implement a Biodiversity Action Plan based on the LEAP (Locate–Evaluate–Assess–Prepare) methodology recommended by TNFD. This approach will enable systematic assessment of the Group’s nature-related impacts and the integration of results into its strategic and investment planning. The Biodiversity Action Plan will identify areas of the greatest environmental impact and define appropriate mitigation measures.

About TNFD

The Taskforce on Nature-related Financial Disclosures (TNFD) is a global initiative established by the United Nations Development Programme (UNDP), the UN Environment Programme Finance Initiative (UNEP-FI) and the WWF, with backing from the G20. Its mission is to actively support businesses, financial institutions and public-sector entities in understanding their nature-related dependencies and managing the related risks and opportunities.

TNFD aims to support a shift in global financial flows toward nature-neutral and positive outcomes. By joining the group of TNFD Adopters, ORLEN has made a public commitment to apply and disclose the framework’s voluntary recommendations within four key areas: governance, strategy, risk and impact management, and metrics and targets. The recommendations also cover monitoring the effectiveness of actions taken to protect the environment.

Global context

Since the TNFD recommendations were first published, more than 700 companies and financial institutions – representing over USD 22 trillion in assets and a combined market capitalisation in excess of USD 9 trillion – have committed to their implementation. TNFD is aligned with the Global Biodiversity Framework (GBF) and plays a vital role in advancing Target 15, which calls for mandatory corporate reporting on nature-related dependencies and impacts.

The adoption of TNFD standards marks another step in embedding environmental considerations across the ORLEN Group’s business strategy. Compliance with the TNFD guidance will be reflected in the ORLEN Group’s 2025 non-financial report.