Reducing our environmental footprint and climate impact has long been one of the ORLEN Group’s top priorities. Our approach to management is based on the principles of corporate social responsibility and takes into account environmental criteria. We aim for sustainable development, and we report the results of our climate and environmental protection efforts.
Climate Governance
The management of climate change risks and opportunities falls within the remit of the President of the Management Board and the Member of the Management Board for Energy and Energy Transition, who acts as the Representative for Climate and Sustainability and chairs the Climate and Sustainability Council. The Council reports directly to the Management Board through meetings of the Strategy Committee
Responsibilities:
- supervises sustainability and climate-related issues (identifies and mitigates risks related to climate and sustainability);
- takes measures and initiates the organisation’s response to sustainability and climate-related issues, ensuring the measures are commensurate with the severity of a particular issue to the company.
Reports annually:
- on relevant processes and on how frequently the management board and/or management board committees (audit, risk or other committees) are updated on and address at their meetings sustainability and climate-related issues;
- on whether the management board and/or management committees consider sustainability and climate-related issues, problems identified during strategy reviews and management, key action plans, management policies, and annual budgets;
- on how the management board monitors and oversees progress in achieving sustainability and climate-related objectives and tasks.
Responsibilities:
- identifies and monitors climate-related risks and opportunities;
- analyses financial and climate-related risks and their impact on the ORLEN Group’s finances;
- publishes scenarios analysing resilience of the ORLEN Group's strategy to climate change;
- approves sustainability metrics for the ORLEN Group.
Composition:
Title |
Function in the Council |
Company |
|---|---|---|
Member of the Management Board, Digital Transformation |
Chairman |
ORLEN |
Executive Director for Strategy & Innovation |
Deputy Chairman |
ORLEN |
Executive Director for Finance |
Deputy Chairman |
ORLEN |
Executive Director for the Environment |
Member |
ORLEN |
Executive Director of Regulation and Compliance |
Member |
ORLEN |
Chief Economist |
Member |
ORLEN |
Director of the Office for Sustainable Development and Energy Transition |
Member, Secretary |
ORLEN |
Representatives of other areas (refinery, petrochemicals, power generation, business development, etc.) will be invited to meetings on an as-needed basis, depending on the topics discussed.
The Supervisory Board exercises ongoing supervision of all areas of the company’s operations. Two committees, namely the Strategy and Development Committee and the Corporate Social Responsibility Committee, deal with sustainability and climate-related issues as part of their remit.
