Letter of the CEO
Ladies and Gentlemen,
The Integrated Report presents the full spectrum of the organisation’s functioning, both in the financial and non-financial areas, being a comprehensive reflection of the PGE Group’s business and social activities.
PGE’s responsibility goes far beyond the conduct of day-to-day business activities
and the implementation of investment projects with the highest rate of return.
As the largest producer and the only distributor of electricity operating throughout whole Poland, we are responsible for ensuring the energy security of customers, we co-create stable and safe living conditions and support the development of the national economy.
The aim of the multi-billion investments is to pursue the assumptions of the energy transition, including achieving climate neutrality through the construction of modern, safe and zero-emission generation sources. An effective transition cannot be based solely on the replacement of generation sources. When thinking about sustainable energy, we look at the challenges facing the energy industry comprehensively. This means not only replacing generation sources, but also expanding, modernising and digitalising the distribution network and investing in energy storage. Without these investments, further development and the connection of new renewable sources will not be possible.
With such a large scale of changes and their impact on customers, business partners, employees and their families, as well as entire communities, it is essential that these processes take place in a planned, harmonious and safe manner. For this reason, we attach great importance to the social and environmental conditions of our operations. PGE’s investments are aimed at reducing the impact of our activities on the natural environment. Our aim is also to reduce the costs of energy transition in financial and social aspects. We strive to ensure that the energy we use to power the Polish economy and households is as cheap as possible and that the transformation is carried out in a sustainable manner, also taking into account the stability of the PGE Group, which is the workplace for over 40 thousand employees.
Today, in the PGE Group, we face enormous challenges, the biggest in our history. At the same time, we see opportunities that will allow us to change the face of the energy industry and to be a leader in sustainable development. We would like to present to you this Report, which not only presents the Group’s current activities, but, above all, the direction in which PGE is heading.
I invite you to read the report,
Dariusz Marzec
President of the Management Board of PGE Polska Grupa Energetyczna S.A.