The ORLEN Transition Plan is a strategic document that comprehensively outlines ORLEN’s role in the global and EU energy transition towards achieving climate neutrality. It explains how ORLEN responds to the dynamically changing regulatory and market environment, actively supporting the decarbonisation process of both its own operations and the broader economy through a series of strategic projects.
ORLEN Transition Plan
The ORLEN Transition Plan represents an innovative and holistic presentation of the company’s strategy in addressing global sectoral challenges. The document provides a detailed discussion of the following key areas:
- Approach to Transformation: ORLEN's strategic approach to energy transition and the specifics of the energy transition challenges in Central Europe.
- Decarbonisation Strategy: Planned goals and investments aimed at reducing emissions and creating new growth areas for the ORLEN Group.
- Capital Allocation: ORLEN’s long-term capital allocation strategy and its approach to financing the transformation.
- Just Transition: ORLEN's commitment and efforts to ensure a socially just energy transition.
- Climate Governance: The management framework for addressing to climate and energy transition challenges within the Group, as well as climate advocacy principles and engagement.
The implementation of the ORLEN Transition Plan, developed in accordance with leading international standards for transition plans, will be an integral component of the company’s reporting in the coming years.
The document's publication reinforces ORLEN's firm conviction that only through active and well-considered engagement in the energy transition can ORLEN secure its sustainable development and increase its competitiveness in the future.
