Sustainability Report 2023

Strategy and perspectives – Introduction

GRI
SDG
  • Cel 7
  • Cel 9
  • Cel 13

Safely and proactively leading Poland through green energy transition is one of GAZ‑SYSTEM's main tasks for the forthcoming decade. In April 2023, the Extraordinary General Meeting of the Company approved the Strategy of GAZ‑SYSTEM until 2033, with an outlook until 2040.

  • 2-22
  • 3-3
  • 3-3
  • 3-3

The document reflects the assumptions of the „Energy Policy of Poland until 2040” and sets out the long-term development path of the Company considering the challenges of the energy transition and the experience and potential of its employees. The Company’s strategy was developed in cooperation with all organisational units of the Company. The document was developed based on the results of an analysis of megatrends in the gas market in Europe and worldwide, analysis of GAZ‑SYSTEM’s resources and SWOT analysis. A PEST analysis covering legal, business, technological and social environment of the Company was also conducted.  The key megatrends in the gas market* are presented in the table.

Key megatrends in the gas market

  • Trend 1.1 Eliminating Russian gas from the European economy
  • Trend 1.2 Increasing imports of LNG to Europe
  • Trend 1.3 Storage and energy saving
  • Trend 2.1. Changing EU investment priorities in the field of energy
  • Trend 2.2 Closing of the gas investment window in electrical power engineering
  • Trend 2.3 Development of 'green’ gaseous fuels (biogas, biomethane)
  • Trend 2.4 Hydrogen as the „fuel of the future”
  • Trend 3.1 Development of Power-to-X technology
  • Trend 3.2 Integration of energy systems
  • Trend 4.1 Smart Factory
  • Trend 4.2 Integration of the IoT value chain
  • Trend 4.3 Increasing the security of  critical infrastructure – „Cyber Security”
  • Trend 5.1 Tackling climate change (including reduction targets, NetZero)
  • Trend 5.2 Sustainable supply chains and emissions management Scope 3
  • Trend 5.3 Increasing regulatory requirements in the area of sustainability
  • Trend 5.4 Digitisation of processes associated with the green transition
  • Trend 5.5 Increasing emphasis on employee well-being and development

* Trends identified by EY consultancy.

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