One of the key elements of this system is management of ESG risk, including climate risk. The Group is taking strategic steps to prevent climate change. For this purpose, climate risks have been identified and their mitigation methods have been defined for the short, medium and long-term.
The Group Development Strategy announced in 2020 points to the importance of climate change as the foundation of the Group’s growth. Polenergia wants to grow in a sustainable fashion, based on renewable energy sources, transformation of the energy system towards zero emission and support for the Green Deal policy (achieving emission neutrality by 2050). The sustainable development area in Polenergia is supervised by Iwona Sierżęga, a Management Board Member.
Acting for energy transition, we are building sustainable supply chains for our projects, which does not only support the economy and growth of companies, but also contributes to creating a local market for service providers, technologies and competence associated with the RES industry. Cooperation with subcontractors is based on the environmental and social policy in place in the Group and the ethical standards (which include our environmental protection commitments).
Since 2015, the Company has reported greenhouse gas emissions for its facilities. The non-financial report refers to emissions from its facilities fired with low-emission fuel, such as: natural gas (Nowa Sarzyna Cogeneration Plant), waste coke-oven gas (Mercury Power Plant). In the case of coke-oven gas, its consumption in the electricity production process is a better solution than its combustion in a gas flare. We also report avoided emissions, i.e. a comparison of the annual production of the Group’s RES installations with the same volume of energy produced from coal. According to the Group’s development strategy, the gas facilities, which generate CO₂ emissions will be modernized towards the development of the green hydrogen technology.