Sustainability is the foundation of the ORLEN Group’s strategy. Sustainability at ORLEN means minimising climate impact, promoting environmental stewardship, enhancing working conditions, fostering local community engagement, and embracing responsible governance.
We pursue ambitious climate goals in line with the assumptions of the UN 2030 Agenda, the Paris Agreement, and the European Green Deal. The ORLEN 2035 Strategy assumes a compete coal phase-out, dynamic development of renewable energy sources (RES), biofuel production, and e-mobility, as well as investments in innovative technologies such as renewable hydrogen production, carbon capture, utilization, and storage (CCUS), and the development of small modular reactors (SMR). ORLEN consistently strives to be a leader in energy transition in Central Europe, but we also actively strengthen the region's energy security.
ORLEN drives the energy transition, delivering real benefits to customers, investors, and communities, while simultaneously building a competitive advantage based on innovation and responsibility.
Green Finance Framework
In June 2025, ORLEN published an updated version of the Green Finance Framework, continuing the efforts initiated in 2021. The document enables the issuance of green financial instruments, including eurobonds, which will be allocated to investments supporting the energy transition and climate change mitigation. According to the assumptions of the Green Finance Framework, the funds raised from the issuance of green financial instruments will support investments in renewable energy sources, energy efficiency and low-carbon transport (more details in the table below)
The Framework ensures compliance with the substantial contribution criteria of the European Taxonomy and the standards of the ICMA Green Bond Principles (GBP) 2021, with the June 2022 Appendix 1, and the LMA Green Loan Principles (GLP) 2025. This compliance was verified by Moody’s which issued a Second Party Opinion and assigned an SQS2 Sustainability Quality Score dated in June 2025.
The implementation of these goals, both in terms of the allocation of proceeds from the issuance and their environmental impact, will be subject to periodic verification—at least once a year—by an independent auditor and will be reported by ORLEN until the green bonds are redeemed.
ORLEN aims to regularly issue green bonds, using its corporate mechanisms to promote and deliver ESG objectives.
Climate Bonds Certification
ORLEN has been awarded the Climate Bonds Standard certification for projects financed under the Series A issuance in 2021. The Climate Bonds Certification represents best practice standards in climate integrity, management of proceeds and transparency. The assets awarded the certificate are aligned with the Paris Agreement goal of limiting global warming to well below 2°C and achieving net zero emissions by 2050.
