Green strategy

The development of new segments means that estimated ~70% of the Group’s revenues in 2024 will come from sources other than steam coal.

• Drawing on our resources and years of experience as a manufacturer of mining machinery, we are transforming into an industrial holding that invests in energy transition businesses.
• Our transformation involves balancing economic, environmental, and social aspects.
• We support the growth of our portfolio companies to benefit all stakeholders while generating desirable returns on investments for our shareholders.

By 2030, we will reduce Scope 1 and Scope 2 greenhouse gas emissions by 40% compared to 2021 whilst also developing new business segments that will help the economy avoid up to 2.3 million tons of CO2 emissions.

• We will significantly reduce the Grenevia Group’s Scope 1 and 2 greenhouse gas emissions.
• By the end of 2024, ~35% of our energy will come from RES – and the percentage will continue to increase in the following years – due to the development of our own sources and cPPAs where available and economically justified.
• The development of new segments supporting the energy transition will also contribute to preventing greenhouse gas emissions.
• As part of our operational activities, we aim to reduce the consumption of resources such as water and electricity.

In respect of the life cycle of our products, we gradually implement the principles of the circular economy and product emission management.

• We actively support our customers and suppliers in reducing their climate impact.
• We implement the principles of the circular economy.
• We give priority to safety and the reduction of our products’ environmental impact.

We implement the best international practices in corporate governance, risk management, and dealing with business partners.

• We consider sustainable development as an integral part of decision-making across the organization.
• We follow the highest standards in running our business and managing our supply chain and sales. – by the end of 2025, 70% of our relations with significant suppliers will be based on Grenevia’s Code of Sustainable Development.
• We engage in active dialogue with stakeholders and implement best practices in reporting, risk management, and corporate governance.
• We increase organizational efficiency through process improvement, including automation and digitization.

We undertake initiatives that positively impact employees, local suppliers, and communities.

• We cooperate with companies and organizations to promote the sustainable development of Poland and its regions.
• We enhance education and development of our employees and local communities.
• We strive to become a preferred, long-term, and responsible employer.
• We build an organizational culture that promotes equality and diversity.