Corporate responsibility report / Responsible brand - PKN Orlen

Responsibility towards the market
2.1. / PKN ORLEN ON THE CAPITAL
MARKET
PKN ORLEN SA shares are listed on the Warsaw Stock
Exchange and in the form of Global Depository Receipts
(GDRs) on the London Stock Exchange. Trading in depository
receipts also takes place in the USA on the OTC market.
The shares of PKN ORLEN were first listed in November
1999. The Bank of New York Mellon is the depository
of the Company’s depository receipts. The transaction unit
on the London Stock Exchange is 1 GDR, which equals
to two shares of the Company.
The Company share capital amounts to PLN 534,636,326.25
and is divided into 427,709,061 ordinary bearer shares
with a par value of PLN 1.25 per share.
The Company shares are listed on the official market
at the Warsaw Stock Exchange in the continuous trading
system and are included among the largest company
indexes: WIG20 and WIG, and WIG-fuel index. Since
19 November 2009, PKN ORLEN shares have been
included in the RESPECT Index, an index of companies
involved in corporate social responsibility.
Respect Rating is the initiative of the capital market targeted
at promotion of highest standards of responsible
management. PKN ORLEN received one of the highest
marks in the rating of socially responsible companies and
as a result was included in the stock exchange index
established in November 2009 – the RESPECT Index.
As a result of rating and audit carried out by Deloitte each
audited company was assigned a rating note. Companies
that received the highest rating notes in the research
were qualified to join the index. From about 120 audited
companies listed on the WSE only 16 received „A”
rating note and were admitted to the index. PKN ORLEN
is one of the five companies from the WIG20 index which
received such a high note.
RESPECT Index is the first Polish index of companies engaged
in corporate social responsibility. The aim of the index
publication is to promote the highest standards of responsible
management. Composition of the group of companies
listed on the index was decided on the basis of extensive
research of many areas of their business. The companies
were audited from the perspective of activities towards
sustainable development, application of corporate governance
principles, communication on the financial market,
management, payment of liabilities, treatment of employees
and customers, as well as social and environmental activities.
Questions and criteria of assessment were based
on the international standard – Global Reporting Initiative.
The audit will be carried out annually as part of annual
update of the RESPECT Index composition.
Participation of PKN ORLEN in the index motivates
the Company to take still greater efforts towards recognizing
and satisfying the requirements of shareholders
and other social groups related to the company. The Company
will take all efforts to enable PKN ORLEN to remain
on the index in the years to come.
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