Polski Koncern Naftowy Orlen (PKN Orlen)
Polski Koncern Naftowy Orlen (PKN Orlen) is a publicly listed fully integrated oil and gas company headquartered in Poland, with 32.42% state ownership. In 2020, it had USD 23.11 billion in revenue and a reported 22,337 employees in 2019*. PKN Orlen operates in refining, petrochemicals, electricity production and retail services in Europe. Its upstream production, mainly in Canada, has tripled in recent years.
- Ranking position
- #26 /100
- Total score
- 16.9 /100
- Performance score
- 2.1 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
PKN Orlen receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Although the company has set a net-zero commitment for 2050, its current emissions reduction targets only cover refining, petrochemicals and electricity generation. They do not apply to its upstream business activities and cannot be assessed because they do not specify a base year. The company shows ambition to increase its low-carbon revenue streams. However, without plans to reduce its fossil fuel production, it is unlikely that it will reduce its emissions intensity at the rate required by its 1.5°C pathway.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Plock, Poland
- Group revenue
- PLN 86,178,000,000 (USD 23.11 billion)
- Ownership structure
- Publicly listed with 32.42% owned by government of Poland
- Number of employees
- 22,337
- Scope of activity
- Fully integrated
- Website
- https://www.orlen.pl/EN/Pages/default.aspx