Integrated Report 2019 | PGE Capital Group

Social capital

For us, social capital means good relations with the local communities in areas where we operate. Caring for good relations is a rule inscribed in PGE Group's Code of Ethics. Our Group's companies and branches are often the largest employers in their regions.

PGE Group builds local partnerships focused on development and cooperation. We make every effort to be a good and responsible neighbor. Thanks to the resources at our disposal, we can noticeably get involved in local life, supporting educational, sporting and cultural initiatives. The industry in which we operate is characterised by long-term planning. Social acceptance for our activities constitutes an important element of our economic activities. We believe that in the long term only sustainable development based on partner relations is possible.

Contribution

  • Organisational culture based on dialogue with employees and the surroundings.
  • Adoption of PGE Group’s Code of Ethics and the resulting provisions in the Code of Conduct for PGE Group’s Business Partners and the Anti-corruption Policy.
  • Since 2011, we have been supporting the development of local communities, providing grants and implementing our own programmes within PGE Foundation. We help, among others conducting philanthropic activity, organizing and financing employee volunteering, support projects for primary school students – „Energetic backpack” and the support program for Warsaw Rising participants – „Heroes of Our Future”.
  • The Group also operates the PGE Energia Ciepła Foundation, which was associated with the acquired assets of EDF.
  • PGE S.A.’s marketing activities, understood as sports and culture sponsoring and advertising activities, including image and sales ad campaigns and other forms of brand promotion, contributes to strengthening the position of the PGE brand.

Results

3,311 (PLN million)
Taxes paid to central budget
1,386 (PLN million)
Social security contributions
1,465 (PLN million)
Taxes paid to local governments (voivodship, poviat and municipality budgets)
90.60%
Customer satisfaction index (CSI)

2019
Taxes paid to central budget (PLN million) 3,311
Social security contributions (PLN million) 1,386
Taxes paid to local governments (voivodship, poviat and municipality budgets) (PLN million) 1,465
Customer satisfaction index (CSI) 90.60%
  • Employee volunteering: since the first edition of the program, i.e. since 2014, we completed 267 projects across the whole country. These included building new playgrounds, renovating school classrooms and delivering complete equipment for kids and youth day centres. 210 employees participated in the sixth edition of the programme in 2019. Our volunteers and members of their families took more than 9 000 hours from their free time to do this.
  • Energy Backpack: this is a continuation of a campaign started over a dozen years ago by Łódź-based electricians and consisting of gifting school supplies to first-graders. In 2019 companies from the PGE Group along with the PGE Foundation passed on more than Energy Backpacks to pupils.
  • White stork protection: our energy professionals have for many years been participating in activities intended to protect the white stork, mainly by setting up platforms on LV line pillars. So far, we have installed over 25 thousand platforms within our distribution area to ensure bird safety.
  • Forests full of energy: this is an in-house ecological initiative created in 2000 by energy professionals from PGE Dystrybucja and developed by employees from other PGE Group companies. In 2019, as part of the „Forests full of energy” campaign in key companies of the PGE Group, employees with families and in cooperation with the Regional Directorates of State Forests, schools and local communities planted approximately 95 000 trees in 32 locations in 14 provinces. Over the years, our Group employees have planted almost 600 000 young trees – mainly pines, spruces and oaks – as part of this campaign.
  • Promoting respect for human rights in line with the UN Global Compact initiative,
  • Development and consistent implementation of PGE Group’s Code of Ethics,
  • Adoption of a harmonised Code of Conduct for PGE Group Companies’ Business Partners,
  • Adoption and application of an Anti-Corruption Policy,
  • Conduct of on-going dialogue with trade unions,
  • Dialogue with public institutions,
  • PGE Foundation’s objective is to support the development of local communities and performance of in-house social programmes. Key operating areas: social aid, science and education, medicine and healthcare, support for culture and national heritage, as well as ecological activities and environmental protection,
  • PGE Energia Ciepła Foundation’s activities – supporting positive social initiatives, an integrative society where everyone can find their place and take part in all aspects of social, economic and cultural life,
  • Sports and culture sponsoring – PGE is the sponsor of few sports clubs and cyclical events and competitions as well as cultural events and institutions, such as the Warsaw Philharmonic. The PGE Group supported the production of the film „Kurier”, which tells about the heroic mission of Jan Nowak-Jeziorański,
  • Employee volunteering programme – employees cyclically taking action for local communities,
  • Implementing a transparent information policy for PGE’s shareholders and bondholders, ensuring equal access to information,
  • Conducting transparent communication is one of the key principles guiding the PGE Group, which is one of the largest enterprises in the country, thus having a significant impact on the economy, market, environment and infrastructure, both at the local and national level. This creates the need for effective communication with the environment, including through the media. This activity is conducted by organizational units specialized in external communication. In turn, communication with employees is carried out by units dedicated to internal communication. The flow of information also occurs as part of workshops, seminars and trainings during which we share knowledge,
  • Annual energy forums – meetings with local authorities dedicated to mutual cooperation, including investments in power infrastructure that determines the region’s development,
  • PGE EJ 1’s Programme for Supporting the Development of Site Municipalities – activities intended to disseminate knowledge about nuclear power and to build social acceptance for this source of energy. The program is rated positively by the residents – four out of five think it is important for the local community (79 percent),
  • „We share the heat” program – the beneficiaries of this program are non-governmental organizations, foundations and associations working for people in difficult life or material situations and families in need of help, selected by municipal social welfare centers.

Social relations are a source of enterprise value creation. Thanks to social relations, production, intellectual, human and financial capital is built in the long-term. However, social capital also encompasses commitments, which we diligently satisfy through short-term deployment of financial capital. By promoting the right attitudes towards the natural environment in relations with our stakeholders, we contribute to a reduction in the use of natural capital.

Search results: