INTEGRATED ESG
REPORT 2020

- A +
PL

About PGNiG Group

Non-financial indicators:

Polskie Górnictwo Naftowe i Gazownictwo Spółka Akcyjna (PGNiG) has its registered office at 25 M. Kasprzaka St., Warsaw, Poland. PGNiG is the Parent of the PGNiG Group (the Group). Its shares have been listed on the Warsaw Stock Exchange (WSE) for more than 15 years. The State Treasury is the majority shareholder of PGNiG.

  • GRI 102-1
  • GRI 102-2
  • GRI 102-3
  • GRI 102-4
  • GRI 102-5
  • GRI 102-6

PGNiG floated its shares on the WSE on September 23rd 2005. The Company was immediately included in the WIG20 blue-chip index, and its capitalisation on the first trading day was PLN 22.5bn. More than fifteen years on, PGNiG’s market cap is PLN 37.4bn, having increased about PLN 15bn since its IPO date (the Company’s capitalisation at close of trade on June 14th 2020).

37.4 PLN billion

capitalisation of PGNiG

For all these years, PGNiG has worked to ensure Poland’s energy security, while increasing the Company’s shareholder value. The Group consistently pursues both these objectives: it diversifies natural gas supply sources and continues to expand new segments of the energy market, while maintaining financial stability, sharing profits with shareholders, and taking care of its environment.

PGNiG had supported and been a constituent of RESPECT, the first index of responsible companies in Central and Eastern Europe, since the index’s inception in 2009. The RESPECT Index featured responsibly and sustainably managed companies maintaining high quality of reporting, investor relations and disclosure standards. Throughout the duration of the index, PGNiG successfully qualified for inclusion in each of its successive editions.

On September 3rd 2019, the WSE began to publish a new index, namely WIG-ESG, which replaced the previous RESPECT Index. The new index comprises companies featured in the WIG20 and mWIG40 indices, including PGNiG. The weights of WIG-ESG components depend on the free float adjusted by reference to ESG ratings and scores assigned for compliance with the Code of Best Practice for WSE Listed Companies 2016. More about PGNiGs involvment in trading indexes here. 

PGNiG is the leader of the natural gas market in Poland and one of the largest companies listed on the WSE. PGNiG’s business comprises exploration for and production of natural gas and crude oil. Through the Group’s key companies, PGNiG is also active in the area of import, storage, sale and distribution of gas and liquid fuels, as well as heat and electricity generation and distribution.

The PGNiG Group plays a key role on the Polish gas market and, as the market leader, takes responsibility for maintaining Poland’s energy security. Therefore, it takes measures necessary to satisfy the steadily growing demand for gas fuel. The PGNiG Group ensures supply diversification by developing domestic deposits and sourcing gas from abroad, as the largest importer and supplier of natural gas in Poland. The fuel is transported to Poland via an extensive transmission network and the President Lech Kaczyński LNG Terminal in Świnoujście. Gas is delivered to end users mainly through the distribution networks. The national gas system is complete with gas fuel storage facilities, used to cover seasonal and daily shortages of gas fuel.

PGNiG has foreign branches and representative offices in Pakistan, the United Arab Emirates, Russia, Belgium and Belarus, and holds equity interests in some 30 companies, including providers of specialist geophysical, drilling and well services, highly valued on international markets.

PGNiG is the sole owner of PGNiG Upstream Norway (PUN), engaged in upstream activities on the Norwegian Continental Shelf and the Norwegian Sea, and PGNiG Supply & Trading (PST), which sells gas to wholesale customers abroad. In addition, PST trades on the global LNG market through its London branch.

Parent entity data

Name: Polskie Górnictwo Naftowe i Gazownictwo Spółka Akcyjna

Registered office: 25 Marcina Kasprzaka St., 01-224 Warszawa

Court of registration: District Court for the Capital City of Warsaw, 16th Commercial Division (currently the Company is entered in the Business Register maintained by the District Court for the Capital City of Warsaw, 13th Commercial Division of the National Court Register)

NATIONAL COURT REGISTER (KRS) NO.: 0000059492

Website: www.pgnig.pl

Investor Relations: ri@pgnig.pl

Previous page
Letter from the CEO
Next page
Shareholders and investors

Search results