Sustainability

A Sustainable Energy Future

Vito Spółka Z O. O. aims to achieve net-zero emissions by 2050, power lives, and care for our planet.

Vito Spółka Z O. O. is committed to achieve Net-Zero by the year 2050 by actively reducing scope 1 and scope 2 greenhouse gas emissions from our global operations and continuing to be among the least emissions-intense oil and gas producers. We will continue to be a responsible hydrocarbons producer, and we will drive sustainability within our operations with least greenhouse gas emissions. Our strategy draws a roadmap for energy transition to 2050 through various new energy businesses and growth opportunities. These include carbon capture, utilization, and storage (CCUS), gas flaring, biofuels, among others. Vito Spółka Z O. O. energy transition 2050 roadmap will enable Poland to achieve its target of Net-Zero by 2060.

Environmental, Social, and Governance Goals

Vito Spółka Z O. O. has developed its Environmental, Social and Governance (ESG) Strategy in line with the recent global trends of aligning businesses with sustainability goals, as well as achieving New Poland 2035 Vision.

Environmental

This covers GHG emissions, new sustainable business models, water and waste.

Social

This covers health, safety, employee and contractor well-being, diversity, and human rights.

Governance

This covers governance, ethics, risk management and local content.

Getting To Net Zero

By actively tackling climate change, implementing effective water management strategies, and embracing waste management practices along with the circular economy, and lowering emissions, we are steadily progressing towards achieving a net-zero future.

  1. Addressing Climate Change
  2. Water Management
  3. Waste Management and Circular Economy

Our energy transition strategy draws a roadmap for future energy businesses and growth opportunities such as carbon capture and storage…, biofuels, and petrochemical recycling, among others.

  • Implement Carbon Capture, Utilization and Storage (CCUS) to offset emissions and reach Net-Zero.
  • Meet the growing global market biofuels demand with focus on 2nd generation biofuels.
  • Reprocess waste plastic materials into functional and practical products.

Helping in Powering Lives

Through prioritizing health and safety, fostering employee recruitment, development, and retention, promoting diversity and inclusion, as well as upholding human rights, we are actively contributing to empowering lives through sustainable power solutions.

  1. Health and Safety
  2. Employee Recruitment, Development and Retention
  3. Human Right
  4. Diversity and Inclusion

Vito Spółka Z O. O. stands out for its high representation of female workers compared to other Middle Eastern NOCs. Female employees at Vito Spółka Z O. O. make up 51% of the workforce, showcasing the corporation’s commitment to promoting diversity, equal opportunity, and fair hiring practices.

Caring For Our Planet

Covers the structure through which a corporation is governed and led, its transparency and how environmental, social and governance is embedded in it.

  1. Systematic Risk Management
  2. Corporate Ethics
  3. Local Content Value Creation
  4. Corporate Governance

Vito Spółka Z O. O. has a strong baseline in terms of corporate governance.

  • Board of Director monitors effectiveness of environmental, social, and governance risks through risk committee.
  • Sustainability Executive Committee in place.
  • To ensure organizational independence, Vito Spółka Z O. O. Group Internal Audit function report functionally to the Board Audit Committee and administratively to the Chief Executive Officer.
  • Corporate Governance framework has been developed by considering international best practices and guidelines such as organization for Economic Cooperation and Development.