Relevance matrix

External and internal Stakeholders  are involved in the process of selecting relevant aspects to be reported by the ORLEN Group.

The process of defining relevant reporting aspects at the ORLEN Group included the following activities:

Identification

In December 2017, representatives of the ORLEN Group and its stakeholder environment took part in a meeting (Stakeholder Panel) organised according to the international AA1000SES standard on managing stakeholder relations. The consultations concerned priority directions for sustainable and responsible business, as well as formulating expectations as to disclosures relating to the Company’s operations and their social and economic impacts, including determination of their materiality. The panel was attended by representatives of industry organisations and institutions, academics, social partners, suppliers, and customers.

Prioritisation

To update and select relevant aspects to be reported by the ORLEN Group, consultations were held in late 2019 and early 2020 with the ORLEN Group’s key reporting areas.

Validation

External and internal Stakeholders completed questionnaires covering, among other things, economic, social and environmental reporting aspects. The Stakeholders assessed the materiality of each aspect as ‘low’, ‘medium’, or ‘high’.

As a result, the final list of the ORLEN Group’s relevant reporting aspects was prepared, specifying their materiality to the ORLEN Group and its Stakeholders.

 Following analyses and consultations with internal and external Stakeholders, the following changes  were made to the list of aspects:

• Economic aspects: new aspects, i.e. ‘Mergers and acquisitions’, ‘Low-emission solutions’ and ‘ESG – environmental, social and governance factors’;
• Social aspects – the ‘Social responsibility’ aspect was created, combining two previously separate aspects, namely ‘Participation in social life and impact on local communities’ and ‘Responsibility towards key stakeholders’;
• Environmental aspects – the ‘Environmental impacts’ aspect was renamed to ‘Environmental/climate impacts’.

As a result, the final list of the ORLEN Group’s relevant reporting aspects was prepared, specifying their materiality (i.e. low, medium and high) to the ORLEN Group and its Stakeholders, as shown in the figure .