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JSW issues the first integrated report

Publishing the online annual report summarizing 2018, Jastrzębska Spółka Węglowa has joined the elite club of companies presenting their results in an integrated manner. This is the Group’s response to the increasing needs of its stakeholders who, to fully understand the directions of JSW’s development, require information that exceeds the traditional set of operating and financial ratios.

        

This methodology is used by global corporations with the best communication with their environment and is gaining popularity among Polish blue chips listed on the Warsaw Stock Exchange.

The 2018 report presents JSW’s operations as a process of creation of value through transformation of capitals acquired from the environment. This value is created for the Group but returns in the form of specific benefits to the environment, local communities, shareholders and Polish economy. This approach significantly expands the context for the decisions and actions taken in the reporting period. The Company presented the full set of non-financial information required by the regulator, putting the overall report in a form that significantly expands the target group of potential recipients.     

The new elements that should be mentioned in this year’s edition of the JSW report include, among others: information on the Group’s employees, with special focus on the actions taken to mitigate the risk of developing a generation gap. In the report one can also find extensive material regarding JSW’s impact on the natural environment and local communities, based on the concept of JSW’s role as a good neighbor and a company aware of its responsibility for the future of the next generations. The report will also include information describing JSW’s outlook in the shorter and longer run, closely linked to a description of the Group’s achievements in the area of innovations and development of new technologies. The report will provide readers with the market environment context, explaining the unique status of coking coal against the background of the changes taking place in the coal industry. Both the financial and non-financial data have been presented using interactive tools facilitating analyses and supporting referencing the ratios recorded in previous years.

The presented 2018 summary is a major step which will determine JSW’s activities in the years to come. The Group has the ambition to further develop its competences in the area of reporting in line with the best global standards.

Link to the report: raportroczny2018.jsw.pl