AWARE OF ACTIONS FOR CLIMATE NEUTRALITY

Like any other organisation, the Agora Group also influences the climate by emissions of greenhouse gases created as a result of direct activities, such as burning fossil fuels, generating waste and producing, among others: press, books and advertising.

Given the specific nature of our activities and the industry, we have defined the main areas of direct impact on the climate. These include:

• consumption of non-renewable energy;
• water consumption;
• waste and sewage production;
• waste and secondary raw materials management.

Actions we take to protect the environment:

• investments in renewable energy sources (RES); 
• limitation of waste and sewage production;
• reducing water consumption.

As a result of the preliminary analyzes, risks for the development, results and situation of the company resulting from climate change were identified. Agora takes into account the risks associated with its activities, mainly in the printing business, cinema, catering, outdoor advertising and administrative activities. The main risks are:

• operational risk related to current operations and negative environmental impact;
• higher costs of running a business due to an increase in the prices of raw materials;
• regulatory risk related to adjusting operations to regulations aimed at counteracting global climate change.

According to scientists, it is certain that in the coming years it will become more and more apparent how serious a problem is climate change. Its effects in Poland, listed in the 2030 National Environmental Policy, i.e. a document focusing on the next decade, are mostly negative. For example, these are: droughts that reduce yields, interruptions or shortages in water supplies, extreme weather events such as high winds, torrential flooding, and heatwaves with negative effects on living organisms. To protect ourselves from the consequences of a climate catastrophe, we as mankind must limit global warming to less than 2°C by 2050 and keep it at a maximum of 1.5°C. Therefore, every person and every enterprise should strive to achieve climate neutrality, e.g. by investing in renewable energy sources or sustainable production and consumption. Therefore, thinking about the future of our company in the coming years, we will continue the current assumptions of the “Environmental Policy of Agora S.A.” and implement new solutions to the goals we have set in the CSR Strategy for 2021-2022:

• conducting activities aimed at climate neutrality in accordance with the assumptions of, among others, the European Green Deal and the Paris Agreement;
• introducing pro-environmental solutions in the field of energy efficiency – to this end, among others, photovoltaic panels were installed on the roof of Agora's Warsaw headquarters in April 2020;
• optimization of energy consumption and waste production;
• implementation of sustainable production and consumption practices and counteracting waste;
• developing projects related to ecology and environmental protection in the Agora Group.