For many years, safety has been the main theme of PZU’s social commitment and contribution into the growth of local communities.
The Company is engaged in actions preventing accidents or mitigating their effects; it highlights proper behavior, supports preventive campaigns and rescue services. It analyzes causes of accidents and focuses on the most urgent problems, so that its preventive actions are as effective as possible. However, the changing circumstances and the COVID-19 pandemic has directed the Company’s attention to another key area of social engagement, i.e. promotion of healthy and active lifestyle. Therefore, since the pandemic, the PZU Group has paid special attention not only to prevention and physical health, but also responded to the challenges of maintaining mental balance and preventing mental health problems.
PZU and PZU Życie have a Code of Ethics in Advertising that, among other things, regulates the general rules for conducting sponsorship activities. The other PZU companies have introduced “Best Practices of the PZU Group”, i.e. a collection of values and principles for employees to follow in relationships with customers, business partners and within the company. PZU Zdrowie conducts social engagement activities based on the “Code of Ethics in Advertising” and the “Best Practices of the PZU Group”. Furthermore, the company has a dedicated sponsorship procedure. Alior Bank also conducts social engagement activities on the basis of the Code of Ethics in Advertising. LINK4 has a Policy of cooperation with local communities and charitable activities. TUW PZUW operates the Sponsorship Rules as well as the Bylaws of the Sponsorship, Prevention and CRS Committee. The Baltic insurance companies of the PZU Group operate the “Charity and Sponsorship Policy”, which outlines the framework of interaction with the local community in the area of sponsorship, donations and other forms of social support, as well as defines objectives that the companies choose to support. The Policy also designates the lead departments, management methods as well as competencies in the area of sponsorship and community support management in each of the companies.
Bank Pekao has implemented the “Rules of Donations and Sponsorship”. The regulation envisages, among others, the establishment of the Sponsorship and Donations Commission, to support the Bank’s Management Board in making decisions regarding its engagement in sponsorship projects or in respect of potential donations.
An important part of PZU’s operations is its involvement in the social area. We realize that, as the insurer of millions of Poles, we have a responsibility not only for their financial security, but also for their lives and health. Especially after the pandemic, a lot of attention is focused on activities that promote active lifestyles and preventive health care. Among other things, we are a co-organizer of the nationwide “Zdrowe Życie” („Healthy Life”) project, under which Poles can benefit from free medical examinations and consultations. This socially important action is of great interest. Under this project, last year nearly 34,500 times Poles took advantage of free medical examinations and services. We are also trying to minimize the movement deficit among the younger part of the population. „Under the “Dobra Drużyna PZU” (“Good PZU Team”) program, whose ambassador is the world’s first racquet, Iga Świątek, we support more than 70,000 children and young people from sports teams and academies across the country, mainly from smaller towns.
PZU and PZU Życie’s charitable activities are conducted by the PZU Foundation. It operates pursuant to the Act of 6 April 1984 on Foundations (Journal of Laws of 1991, Number 46, Item 203 as amended) and its Articles of Association.
LINK4’s charitable framework is defined in an internal document. It is a Policy of cooperation with local communities and charitable activities. The community-support priorities include: safety, social inclusiveness – comprising education and support of young people – and the environment. The document also lays down the rules of employee volunteerism.
In addition, PZU, PZU Życie and TUW PZUW, in accordance with the Act of 11 September 2015 on Insurance and Reinsurance Activity, have established a prevention fund (each company separately) intended to finance activities aimed at preventing or reducing the effects of acts of fate.
The PZU Group’s expenditures on the areas listed in recommendation 1.5 of the Best Practices of WSE Listed Companies 2021 were as follows:
A summary of the expenditures incurred in 2022 by PZU and the PZU Group that are covered by Rule 1.5 of the „Best Practices of WSE Listed Companies 2021” issued by the Stock Exchange in 2021 is presented in the table below.
The PZU Group’s expenditures on the areas listed in recommendation 1.5 of the Best Practices of WSE Listed Companies 2021
| Expenditures incurred for the support of (PLN million): | 2021 | 2022 | ||
| PZU | PZU Group* | PZU | PZU Group* | |
|
2.4 | 5.2 | 1.8 | 5.1 |
|
7.5 | 24.1 | 11.9 | 36.2 |
|
15.1 | 27.8 | 18.4 | 39.4 |
|
0 | 0 | 0 | 0 |
|
0.7 | 2.3 | 1.4 | 4.6 |
|
0 | 0.6 | 0 | 0.7 |
Prevention fund
In 2022, PZU and PZU Życie within the framework of the prevention funds operating in these companies, incurred expenditures for, among other things, anti-accident activities, health care and safety at workplaces.
Expenditures incurred from the prevention fund
| Expenditures incurred from the prevention fund for (PLN million): | 2021 | 2022 | ||
| PZU | PZU Życie | PZU | PZU Życie | |
|
24.3 | 0 | 17.3 | 0 |
|
0 | 17.1 | 0 | 18 |
|
0 | 5.8 | 0 | 8 |
|
2.7 | 0.4 | 9.1 | 1.8 |