LAPSE:2023.8372v1
Published Article

LAPSE:2023.8372v1
ESG Assessment from the Perspective of the Management Board and Trade Unions on the Example of the Opole Power Plant
February 24, 2023
Abstract
The Opole Power Plant is part of the PGE group (Polish Energy Group), the largest power company in Poland. It produces electricity from coal combustion, which means that ESG (environmental, social and corporate governance) policy should be one of the power plant’s strategic priorities. The article focuses on evaluating the ESG activities implemented by the power plant and their relation to the standards set at the corporation. The article’s primary hypothesis is that ESG activities are a significant element of the power plant’s strategy, with most of them determined by policies undertaken at the level of the PGE Group as a whole. The secondary hypotheses assume that trade union representatives attach greater importance (than management) to the social elements of ESG (H2) and that individual management representatives rate higher regarding the importance of those ESG areas for which they are personally responsible (H3). The research method used in the article consists of interviews conducted with representatives of the power plant’s board of directors responsible for individual areas of ESG activities and representatives of trade unions. In addition to groups of questions relating to corporate governance, the empirical material was organized from the perspective of power plant stakeholders. The results obtained support the acceptance of the first two hypotheses posed and the rejection of the third one.
The Opole Power Plant is part of the PGE group (Polish Energy Group), the largest power company in Poland. It produces electricity from coal combustion, which means that ESG (environmental, social and corporate governance) policy should be one of the power plant’s strategic priorities. The article focuses on evaluating the ESG activities implemented by the power plant and their relation to the standards set at the corporation. The article’s primary hypothesis is that ESG activities are a significant element of the power plant’s strategy, with most of them determined by policies undertaken at the level of the PGE Group as a whole. The secondary hypotheses assume that trade union representatives attach greater importance (than management) to the social elements of ESG (H2) and that individual management representatives rate higher regarding the importance of those ESG areas for which they are personally responsible (H3). The research method used in the article consists of interviews conducted with representatives of the power plant’s board of directors responsible for individual areas of ESG activities and representatives of trade unions. In addition to groups of questions relating to corporate governance, the empirical material was organized from the perspective of power plant stakeholders. The results obtained support the acceptance of the first two hypotheses posed and the rejection of the third one.
Record ID
Keywords
ESG, management board, power plant, survey research, trade unions
Subject
Suggested Citation
Zieliński M, Adamska M. ESG Assessment from the Perspective of the Management Board and Trade Unions on the Example of the Opole Power Plant. (2023). LAPSE:2023.8372v1
Author Affiliations
Zieliński M: Department of Regional Policy and Labor Market, Faculty of Economics and Management, Opole University of Technology, 45-036 Opole, Poland [ORCID]
Adamska M: Department of Regional Policy and Labor Market, Faculty of Economics and Management, Opole University of Technology, 45-036 Opole, Poland [ORCID]
Adamska M: Department of Regional Policy and Labor Market, Faculty of Economics and Management, Opole University of Technology, 45-036 Opole, Poland [ORCID]
Journal Name
Energies
Volume
15
Issue
21
First Page
8066
Year
2022
Publication Date
2022-10-30
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en15218066, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2023.8372v1
This Record
External Link

https://doi.org/10.3390/en15218066
Publisher Version
Download
Meta
Record Statistics
Record Views
225
Version History
[v1] (Original Submission)
Feb 24, 2023
Verified by curator on
Feb 24, 2023
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2023.8372v1
Record Owner
Auto Uploader for LAPSE
Links to Related Works
