Integrated reporting makes it possible to combine material information pertaining to an organization’s strategy, approach to management, performance and future prospects in a way that reflects the financial, social and environmental context of an organization’s operations. The report depicts its approach to creating value over time while using the capital available to it. Capital is a resource which the organization can access and use to create value. Legally, however, it does not have to belong to the organization.
IIRC distinguishes the following six types of capital:
“An organization should portray value creation from the perspective of inputs, outputs and outcomes”
Source: <IR> framework, International Integrated Reporting Council
The PZU Group leverages its tangible and intangible resources to create value for its shareholders, clients, employees and agents, and exert an influence on the Polish economy and its sectors.
Products and distribution:
PZU Group’s Standard – Green PZU showing the direct environmental impact of the conducted activity (including atmospheric emissions, waste generation, water consumption, power consumption and paper usage) as well as indirect (related to relations with third parties, including environmental practices of suppliers and business partners and shaping environmental awareness).
* The increased number of beneficiaries results from the employees’ involvement in environmental projects, including cleaning of forests and rivers – such a cleaned areas are used by many people and animals.
At the same time, the PZU Group effectively utilizes scale of operations, innovativeness (products and services), more than 200 years of its experience and knowledge of client needs - today and tomorrow.
New, more integrated PZU Group will be able to help clients better at all stages of life and support sustainable development of the Polish economy.