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Risks and opportunities associated with climate change

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Perspectives and surroundings

Managing our impact

As Poland’s largest energy group, the PGE Capital Group prioritises the reduction of its environmental and climate impact in its operations and plans of new investments. One of the pillars of the Group’s business strategy is to produce and supply environmentally friendly energy.

Increasing its level of climate awareness, the PGE Group is working towards reducing greenhouse gas emissions while building the organisation’s resilience to climate change. It does this by applying resource-efficient solutions, reducing emissions into the environment and developing new investments. This is realised by modernising generation sources, increasing the share of renewable energy sources, as well as through innovative measures implemented in the field of research and development. The PGE Group aims to achieve its climate policy goals in a sustainable and responsible manner.

Pro-environmental investments play an important role in the PGE Group. In the year 2023 alone, PGE Group companies incurred expenditures of approximately PLN 5.477 billion on investments in environmental protection, of which:

PLN 451 million

represented investments in new gas units (in the locations of still operating coal units)

PLN 2.32 billion

investments in the development and modernisation of the distribution network, including the cabling of the overhead network

PLN 105 million

connections of RES installations

> PLN705 million

development, strategic tasks and modernisation investments carried out by PGE Energia Odnawialna

PLN 477 million

tasks in the offshore energy segment

The remainder of the expenditures concerns modernisation and restoration investments related to increasing operational and environmental efficiency, reducing environmental nuisance and supporting the responsible use of natural resources.