What are Mission Vision & Core Values of PGE Polska Grupa Energetyczna Company?

PGE's primary focus is on energy security, ensuring a reliable power supply for over 5 million customers across Poland. This is achieved through a diversified energy mix and strategic investments in new power generation facilities.

The mission is inherently customer-centric, prioritizing a 'safe and reliable power supply' to meet the needs of its diverse customer base. PGE aims to be a trusted energy provider.

PGE is actively working towards a diversified energy mix, including investments in renewable energy and gas-fired power plants to reduce reliance on coal and enhance energy security. This is a key aspect of the PGE mission vision.

A crucial element of PGE's mission involves decarbonization. The company is investing heavily in renewable energy sources and new technologies to reduce its carbon footprint and contribute to a sustainable energy future. This aligns with PGE's commitment to sustainability.

PGE aims to maintain its leading position in the Polish energy sector, targeting at least a 40% share of the electricity generation market beyond 2020. This demonstrates the company's long-term goals and objectives.

PGE's mission is reflected in its strategic investments, such as the launch of CCGT units in Gryfino and Rybnik. These investments enhance energy security and support the transition to a lower-carbon energy system. The Rybnik unit, with an estimated capacity of 882 MW, represents a significant step in this direction, with an expected operational date of early 2027.

PGE's vision translates into three key strategic priorities: generating environmentally friendly energy, providing modern energy services, and operating as an efficient and effective organization. These pillars underscore PGE's holistic approach to sustainable transformation, encompassing both its operational and service-oriented aspects.

PGE has set aggressive targets to achieve its vision. The company aims to be coal-free by 2025, 'all green' by 2030, and Net Zero by 2040, aligning with European energy transition trends. While the official net-zero target is 2050, the accelerated timelines demonstrate PGE's commitment to leading the energy transition.

PGE plans a massive investment of PLN 235 billion over the next decade. A significant portion, PLN 85 billion, is earmarked for expanding onshore and offshore renewable energy capacity, aiming to exceed 9 GW by 2035. This investment underscores PGE's commitment to expanding its renewable energy portfolio.

The Baltica 2 project, Poland's largest offshore wind farm, secured financing in early 2025, highlighting PGE's focus on offshore wind. Furthermore, PGE is investing in flexible gas capacities and energy storage, targeting 18 GWh of capacity by 2035, representing approximately 60% of the domestic storage market share.

PGE's vision is supported by strong financial commitments, including a PLN 2.25 billion loan from the European Investment Bank (EIB) in April 2025 for renewable energy and modernization projects. The company's Q1 2025 financial results, showcasing record-high profitability and a significant reduction in net debt, further solidify its capacity to execute its strategic initiatives.

PGE aims for market leadership in the sustainable energy transition in Poland. This ambition is not just about environmental goals; it's about industry disruption and responsible sector transformation. The company's strategic direction is clear: to lead the Polish energy sector towards a sustainable future.

PGE's vision of leading the sustainable energy transition is driving strategic partnerships and market expansion. These collaborations are crucial for achieving its ambitious renewable energy targets and solidifying its position in the Polish energy sector.

The joint venture with Ørsted for the Baltica 2 and 3 offshore wind projects is a prime example. This 50/50 collaboration will contribute 1.5 GW of offshore wind capacity, accelerating PGE's renewable energy ambitions.

PGE's strategy explicitly addresses market volatility and unpredictability. The focus is on enhancing system flexibility and resilience to ensure stable energy supplies.

Significant investment in energy storage is planned, with PLN 14 billion allocated to target 18 GWh of capacity by 2035. This will help manage the intermittency of renewable sources.

Modernizing the grid with smart infrastructure is a key element of the strategy, improving efficiency and responsiveness.

The financial success of PGE is directly linked to its strategic investments, guided by its mission and vision. The leadership's commitment is shaping both day-to-day operations and long-term planning.

Leadership plays a vital role in reinforcing PGE's mission, vision, and core values. The actions and statements of key executives directly impact the company's direction and stakeholder perceptions. Dariusz Marzec, President of the Management Board of PGE Group since March 2024, has been instrumental in communicating the company's strategic priorities.

Under Marzec's leadership, PGE has intensified its focus on decarbonization and investments in low- and zero-carbon energy sources. The Management Board's 2024 report highlights these efforts, emphasizing the importance of adapting to a dynamically evolving market and regulatory environment. This commitment is crucial for PGE's long-term success and its contribution to the Polish energy sector.

PGE ensures that its mission, vision, and core values are effectively communicated to all stakeholders through various channels. Transparency is key to building trust and fostering strong relationships with investors, customers, and the public. The company's commitment to open communication reflects its dedication to corporate social responsibility.

Official company reports, investor presentations, and public statements are key communication tools. The 'PGE Group Strategy until 2035' provides a comprehensive overview of the company's long-term goals and objectives. This document outlines PGE's strategic direction and commitment to its mission and vision, ensuring alignment across all levels of the organization. For more insights, please refer to Growth Strategy of PGE Polska Grupa Energetyczna.

PGE's core values are not merely statements; they are actively reflected in the company's business practices and investment decisions. This alignment is crucial for building a strong corporate culture and achieving sustainable growth. The company's actions demonstrate a clear commitment to its stated values.

The investment of PLN 1.555 billion gross in the Żarnowiec energy storage facility directly reflects the 'Development' value by embracing new technologies and 'Responsibility' by enhancing grid stability for renewable integration. Supporting local content in projects, with a target of PLN 150 billion flowing into Polish supply chain companies, exemplifies the 'Partnership' value. Furthermore, the expanded Management Board Activities Report to include a Sustainability Statement, in line with CSRD and ESRS, showcases PGE's commitment to 'Responsibility' and transparent reporting on environmental and social impact. These actions demonstrate PGE's dedication to its core values and its long-term goals.

PGE utilizes Key Performance Indicators (KPIs) to measure progress towards its strategic objectives and to ensure accountability. These metrics provide a framework for monitoring performance and making data-driven decisions. The company's commitment to transparency includes regular reporting on these KPIs.

Specific KPIs related to renewable energy capacity, carbon emissions reduction, and investment in new technologies are closely tracked. For instance, the company aims to increase its renewable energy capacity to a significant percentage of its portfolio by 2035. Regular reports on these KPIs are available to investors and the public, demonstrating PGE's commitment to its mission and vision. The focus on these metrics shows PGE's dedication to its long-term goals and objectives.