The Energie AG Group’s strategy is based on three pillars: ”customer-centric culture“, ”organisational and operational excellence“ and ”secure digital services“. All the Group’s measures and activities aim towards these three strategic lodestars.
A structured annual strategy process is a prerequisite for consistent control over the Energie AG Group’s long-term business development. This involves comparing the results of analysis regarding market developments (opportunities and risks) with the prevailing conditions in the Group (strengths and weaknesses), then formulating strategies and measures from this to ensure sustained economic efficiency and profitability.
The most recent strategy meeting with Group management was held in July 2018 under the banner ”#transformation2030“. The meeting focused on the current structural projects in the Group, as well as decarbonisation and digitalisation.
For further information about Energie AG’s current strategy, see Strategy.
A number of sustainability considerations, which are significant for Energie AG both from our own perspective and from the perspective of external stakeholders, were identified in the 2017/2018 fiscal year. These factors will be regularly evaluated and will undergo continuous improvement with the involvement of internal interested parties (e.g. Management Board, executives, Supervisory Board and owners) and external stakeholders (e.g. customers, communities close to our projects, representatives from political and administrative systems). The topics were rated in a materiality matrix from ”important“ to ”highly important“ in the context of sustainability. The quantitative and qualitative indicators to be measured were set based on this evaluation matrix.
The key sustainability issues for the Energie AG Group are:
- Partnership with equity investors and outside creditors
- Business models fit for the future – innovation
- Supply reliability and quality
- Customer orientation and satisfaction
- Climate protection
- Resource conservation
- Energy efficiency
- Acting as a responsible employer
- Occupational health and safety
- Regional responsibility and social commitment
- Stakeholder Dialogue
- Legal compliance and prevention of corruption
This Non-Financial Report will cover the issues identified in the materiality analysis in its sections on our business, the environment, social issues, employees and our role as a responsible employer, compliance and anti-corruption (including respect for human rights).