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Integrated report 2020
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PGE’s vision
Letter of the CEO of PGE Polska Grupa Energetyczna S.A.
How our surroundings are changing
Direction: climate neutrality
Strategic objectives and ambitions
Leader of sustainable transition
Environmentally friendly energy
Modern energy services
Efficient and effective organisation
Implementation of the new strategy
Buisness model
New business model
Conventional Generation
District Heating
Renewables
Distribution
Supply
Our capitals
Outlook – strategy
Sustainable transformation
Sustainability – how do we understand it?
Supporting Sustainable Development Goals
Governance
Corporate governance
Risk management
Organisational Structure
Organisational culture
Compliance
Executive remuneration system
ESG management
Dialogue with stakeholders
Economy
Growth impulse
Sustainable Finance
Return on investments
Shareholders and investors
Society
Energy security
Customers
Employees
How our engagement in Occupational Health and Safety is appreciated?
Contractors and suppliers
Social involvment
Environment
Environmental protection
Counteracting climate change
Circular economy
Water management
Clean air
Land rehabilitation and biodiversity
PGE in 2020
Summary of the year
Investments in 2020
Financial results
Consolidated financial statements
Operating results
Environment
Market environment
Competitive environment
Regulatory environment
About the report
About the report
Our stakeholders
GRI standards index
Glossary
Interactive data
Operational data
Our employees
Local contribution
Social involvment
Environmental issues
Financials
27. Statement of cash flows
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27. Statement of cash flows
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ACCOUNTING PRINCIPLES
Statement of cash flows
The statement of cash flows is drawn up using the indirect method.
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26.5 Hedge accounting
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27.1 Cash flows from operating activities
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