The shifting global trends present new business opportunities, but also mean we have to operate in a highly volatile environment. Our business strategy addresses the issue of climate change, new regulations, as well as the expectations of our customers and investors. The ORLEN Group Climate Policy is a complementary document, where we discuss climate-related risks and opportunities. It consists of four main parts:
- key strategic objectives and measures with respect to climate change mitigation and adaptation,
- risk management processes with the findings of an assessment of climate-related risks and opportunities,
- overview of the structure of corporate bodies responsible for managing climate-related risks and opportunities,
- information on our decarbonisation targets and carbon footprint.
We prepared the document in accordance with the guidelines of the TCFD (Task Force on Climate-related Financial Disclosures, established at the Financial Stability Board), which aim to ensure a consistent standard of reporting on financial risks associated with climate impacts by individual companies.