ORLEN Group 2022 Integrated Report
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Last year witnessed a landmark in the history of the ORLEN Group. Our merger with LOTOS and PGNiG was a game-changer, propelling us to become one of Europe’s largest energy companies. At the same time, our updated strategy until 2030 has charted the course for the integrated Group’s long-term development. We are fully committed to leveraging the advantages that come with our new scale and business diversity.
Within the time frame of the current strategy, a sum total we have earmarked for investment is close to PLN 320 billion. This investment will not only drive the region's energy transition but will also double our profits, consistently building value for our shareholders. These endeavours are of utmost importance, especially considering the ongoing military conflict across Poland’s eastern border. In response, we have not only displayed solidarity with the war-afflicted nation, but have also accomplished a historic milestone by weaning ourselves off Russian feedstock supplies. All the while, we have maintained stability in all markets where we play a key role as a fuel supplier. This accomplishment reaffirms ORLEN's readiness to embrace change and our ability to seize opportunities that arise with it.
revenue
LIFO-based EBITDA
net profit
Fitch rating
dividend for 2021
Moody's rating
In November 2022, ORLEN closed its mergers with the PGNiG Group (in November) and with the LOTOS Group (three months earlier).
Thus establishing Central Europe’s largest energy group ranking among top 150 companies in the world by revenue and serving more than 100 million customers.
in absolute emissions from Refining, Petrochemicals and Upstream
in emissions intensity in Energy
in net carbon intensity (NCl)
in 2050 for Scope 1, 2 and 3 emissions, in accoirdance with the Paris Agreement
Powering the future. Sustainably. We will become a green energy leader ensuring energy security at the same time.
You can also download the report in PDF format