PKP Energetyka (PKPE) is one of the largest energy companies in Poland, distributing energy and developing critical infrastructure for the Polish railway sector.
CVC funds exited this investment in early 2023. Under CVC fund ownership, PKPE successfully transformed from a state-owned utility to a worldclass digital infrastructure leader, implementing cutting-edge technology and operational improvements. During the transition, it established its sustainability programme, aiming for continuous improvement, in particular in health and safety, employee engagement, and environmental responsibility.
As part of the plan, PKPE was able to reduce injury rates through a combination of improved policies, regular training and by hiring experienced safety personnel, analysing the root causes of accidents and near misses. The company’s efforts in following best-practice approaches to employee involvement and organisational culture have been recognised by the Polish Top Employers Institute, and it has added an internship and talent programme for employees.
PKPE has undergone digital and cyber security transformation, allowing the company to embark on the industry-wide strategic Green Railway programme, which aims to change the sector’s energy mix to 85% clean energy from renewable sources by 2030. The company has also built the first 5MW energy-storage facility to power the rail network, improving security of supply and promoting efficient consumption.
During CVC’s ownership, the improvement in PKPE’s sustainability credentials culminated in a Gold rating from the leading sustainability ratings agency, EcoVadis. It places PKPE among the top 5% of companies assessed by EcoVadis and in the top 8% of companies within the world’s energy and railway sectors.