Ikona BIP Ikona Portal Pracownika Ikona poczty Facebook Twitter Instagram Youtube Linkedin RSS Ikona szukania PLEN

JSW issues the first integrated report

Publishing the online annual report summarizing 2018, Jastrzębska Spółka Węglowa has joined the elite club of companies presenting their results in an integrated manner. This is the Group’s response to the increasing needs of its stakeholders who, to fully understand the directions of JSW’s development, require information that exceeds the traditional set of operating and financial ratios.

        

This methodology is used by global corporations with the best communication with their environment and is gaining popularity among Polish blue chips listed on the Warsaw Stock Exchange.

The 2018 report presents JSW’s operations as a process of creation of value through transformation of capitals acquired from the environment. This value is created for the Group but returns in the form of specific benefits to the environment, local communities, shareholders and Polish economy. This approach significantly expands the context for the decisions and actions taken in the reporting period. The Company presented the full set of non-financial information required by the regulator, putting the overall report in a form that significantly expands the target group of potential recipients.     

The new elements that should be mentioned in this year’s edition of the JSW report include, among others: information on the Group’s employees, with special focus on the actions taken to mitigate the risk of developing a generation gap. In the report one can also find extensive material regarding JSW’s impact on the natural environment and local communities, based on the concept of JSW’s role as a good neighbor and a company aware of its responsibility for the future of the next generations. The report will also include information describing JSW’s outlook in the shorter and longer run, closely linked to a description of the Group’s achievements in the area of innovations and development of new technologies. The report will provide readers with the market environment context, explaining the unique status of coking coal against the background of the changes taking place in the coal industry. Both the financial and non-financial data have been presented using interactive tools facilitating analyses and supporting referencing the ratios recorded in previous years.

The presented 2018 summary is a major step which will determine JSW’s activities in the years to come. The Group has the ambition to further develop its competences in the area of reporting in line with the best global standards.

Link to the report: raportroczny2018.jsw.pl

 

Other news

JSW and ArcelorMittal Poland sign a PLN 2.1 billion contract

Jastrzębska Spółka Węglowa S.A. has signed a one-year contract with ArcelorMittal Poland for the supply of coking coal in 2026. The contract is valued at PLN 2.1 billion.

JSW S.A. has entered into a preliminary agreement to sell JZR and PBSz

Jastrzębska Spółka Węglowa S.A. has concluded a preliminary agreement with Agencja Rozwoju Przemysłu S.A. for the sale of shares in Przedsiębiorstwo Budowy Szybów S.A. and Jastrzębskie Zakłady Remontowe Sp. z o.o.

Deputy Minister visits the Budryk mine

On Tuesday (24 February), Deputy Minister of State Assets Grzegorz Wrona paid a working visit to the Budryk mine in Ornontowice. During his visit the Deputy Minister familiarized himself with the mine’s current operations and the progress of work related to the…

Memorandum of Agreement signed at JSW S.A.

Today (13 February), the Management Board of JSW S.A., together with the Representative Trade Unions and with the participation of Deputy Minister of State Assets Grzegorz Wrona, signed a Memorandum of Agreement on adjusting labor costs to the Company's current…

The result of the referendum at JSW S.A.

In the referendum that ended today, JSW S.A. employees voted in favor of adopting the Suspension Memorandum of Agreement.

Savings at JSW also at the level of Management and Supervisory Boards

Due to the difficult financial standing of JSW, the members of the Company's Management Board will request a reduction in their salaries so that it is adjusted to the Company's current financial situation.

More news