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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
Performance module name Performance module score Rank (0-100)

Targets

0.0 /100 #38

Material Investment

2.4 /100 #68

Intangible Investment

0.0 /100 #20

Sold products

5.6 /100 #27

Management

35.9 /100 #42

Supplier Engagement

30.0 /100 #13

Client Engagement

8.8 /100 #31

Policy Engagement

30.0 /100 #27

Business Model

15.0 /100 #15

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

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