We are aware of the fact that managing such a large group is a tremendous challenge therefore we have addressed this issue in our strategy - we intend to care for the development of employee competences, improve process and organisational efficiency and adapt to, and work with, our surroundings.

PGE Polska Grupa Energetyczna S.A. is a public limited company. According to the Polish Commercial Companies Code, the governing bodies of a public limited company are:

  • the company's general meeting, where the company's shareholders (co-owners) meet.
  • supervisory board - carrying out continuous supervision of the management board, at PGE S.A. it consists of at least 5 and at most 9 members, appointed and dismissed by the general meeting;
  • management board - at PGE S.A. it is appointed for a joint 3-year term; it represents the company outside and conducts its affairs;

Competences of the governing bodies are specified in the company's articles of association, the content of which is established by the company's general meeting.

PGE Polska Grupa Energetyczna S.A. is also the parent company of PGE Group. PGE Polska Grupa Energetyczna S.A. serves as a Corporate Centre managing the group based on information coming in from PGE Group companies. The Corporate Centre makes important decisions regarding the operations of specific business lines, as well as strategic directions for the development of both business lines and the Group as a whole. To this end, PGE Polska Grupa Energetyczna is responsible for:

  • shaping PGE Group's strategy
  • managing the entire margin chain, in combination with optimal use of production assets
  • supervising and optimising PGE Group's operating and investing activities
  • regulatory management, risk management
  • direct ownership supervision over the Group's companies
  • building innovation strategies and supervising their implementation
  • building PGE's image and brand
  • developing the Group's human resource management strategy
  • finance and insurance management

Companies managing business lines are responsible for:

  • focusing on carrying out operating and investing activities
  • striving to improve the efficiency of operational processes
  • supporting decision-making processes at the Corporate Centre

We are aware of the fact that managing such a large group is a tremendous challenge therefore we have addressed this issue in our strategy - we intend to care for the development of employee competences, improve process and organisational efficiency and adapt to, and work with, our surroundings.

Managing the Group

As a company listed on the Warsaw Stock Exchange, we apply the corporate governance rules specified in Best Practices for WSE-Listed Companies. Corporate governance is a set of procedural rules for both company bodies and members of such bodies as well as majority and minority shareholders. Corporate governance rules apply to the widely-defined company management, and the effect of their application is greater transparency of exchange-listed companies, improved communications with investors, enhanced protection of minority shareholder rights, also in matters not regulated by law.

More on corporate governance rules and best practices on this website.

Here you can find a statement on PGE's application of rules and best practices.

How do we do this?

As a responsible business, we continually strive to optimally manage the group and to apply corporate governance rules and the highest standards of conduct. The best proof of this is the fact that we were once again included in Respect Index, 10th edition, an index of socially responsible companies that are listed on the Warsaw Stock Exchange. RESPECT Index includes only listed companies that operate in line with the highest management standards as regards corporate governance, information governance and relations with investors as well as ecological, social and ethical factors. PGE has been a part of this group of responsible companies continuously since 2011.