Dialogue with the environment

The PZU Group engages in dialogue with stakeholders in a regular and transparent manner through various channels of communication. The stakeholder map has been presented below with the stakeholders having been chosen on the basis of the extent of their involvement in the Group’s operations and their materiality from the viewpoint of the business model. This list does not cover the activities of the Pekao Group or Alior Bank where different approaches to external relations are in place.

Participation in associations and industry organizations

The PZU Group is engaged in the activity of numerous organizations and associations:

• Polish Association of Listed Companies (SEG) – a self-governing organization of issuers that represents the interests of the companies listed on the Warsaw Stock Exchange. PZU has been a member since 2010;
• British Polish Chamber of Commerce – PZU has belonged to this business organization since 2016;
• Polish Insurance Association (PIU) – a self-governing organization of insurance undertakings to which all the insurance undertakings operating on the market belong; membership is compulsory;
• Insurance Indemnity Fund (IIF) - its members are domestic and foreign insurance companies that conduct insurance activity on the Polish market in the area of mandatory motor TPL insurance and mandatory TPL insurance for farmers, established in 1990;
• European Financial Marketing Association (EFMA) – an organization consisting of retail financial institutions in Europe: banks and insurers, the largest organization of its type in Europe;
• International Association of Agricultural Insurers – an international association to which the world’s leading insurers of agricultural production belong;
• Polish Motor Insurers’ Bureau (PBUK) – an organization of insurance undertakings that do business in Poland, membership in PBUK is compulsory;
• United Nations Environment Programme Finance Initiative (UNEP FI) – global partnership set up between the United Nations Environment Program (UNEP) and the financial sector;
• Geneva Association – an international insurance industry think tank;
• The Heart Corporate Club – brings together companies that want to build strong competences in innovation;
• Agreement for the Development of Offshore Wind Power in Poland and the Sector Agreement for the Development of the Hydrogen Economy - projects initiated by the Ministry of Climate and Environment;
• In 2021 Bank Pekao joined the initiative known as the United Nations Global Compact, and in that manner it confirmed its readiness to act for the benefit of Agenda 2030 and incorporate the 10 Principles of the UN Global Compact in its strategy while committing to embrace far-reaching objectives regarding social, economic and environment issues. Membership in the UN Global Compact means participating in the largest global platform of corporate sustainable development leaders who represent nearly every sector in the business community. PZU also plans to join this initiative in 2022.

Membership in the organizations listed above is of a strategic nature to PZU. The company supports the activities laid down in their articles of association and takes part in additional projects run by these institutions.

PZU has also been a signor of the Charter of Diversity since 1 July 2013. This is an international initiative to advance diversity and equal opportunity in employment regardless of gender, race, sexual orientation, ethnic origin, age, disability or religion.