The table below provides an overview of the sustainability issues identified within the Energie AG Group, along with considerations, opportunities and risks for stakeholders, and a series of risk mitigation steps and results for Energie AG.
Environment
Environment
- Resource conservation
- Climate protection and energy efficiency
Plan
- Consistent QSE management system
- Group’s strategic goals for resource conservation, climate protection and energy efficiency
- Certified management systems (EMAS, ISO)
Measures | Results
- “Quality, Safety and Environmental (QSE) Management” Group Policy
- Steady expansion of renewable energies
- Increasing energy efficiency on the part of customers and within the Group
- Environmental impact assessments and analysis reports
- Reviewed and approved environmental statements, certifications and audits
- Rights management database
- Management of official decisions
- Ensuring that all legally required staff appointments are made
Opportunities and risks for Energie AG
Opportunities:
- New business models
- Customers have an increased awareness of environmental protection and regionality
Risks:
- Loss of reputation
- Litigation
- Stricter environmental legislation
- Climate change
Opportunities and risks for stakeholders
Opportunities:
- Efficient and environmentally friendly energy supply for society and the economy
- Inclusion of local residents during facility expansion and operation
Risks:
- Regional ecological impacts on habitats, hydromorphology and biodiversity from the construction and operation of facilities
- Global environmental impacts from emissions
Social affairs
Social affairs
- Supply reliability and quality
- Customer orientation and satisfaction
- Regional responsibility/social commitment
- Stakeholder dialogue
Plan
- Consistent QSE management system
- Crisis management
- Group’s principles on democratic politics
- Group’s strategic goals for supply reliability and quality, customer satisfaction and regional responsibility
Measures | Results
- “Quality, Safety and Environmental (QSE) Management”, “Sponsoring and Giving” Group policies
- Contingency plans
- Overhaul and maintenance work to ensure (supply) reliability
- Stakeholder dialogue
- Complaint management and surveys
- Support for social, cultural and sporting activities
Opportunities and risks for Energie AG
Opportunities:
- High availability of power plants and other facilities
Risks:
- Loss of reputation
- Litigation
- Damage to business
- Fines
Opportunities and risks for stakeholders
Opportunities:
- Infrastructure projects and capital investments in infrastructure create regional value
- Reliability in supply and waste management services
Risks:
- Critical infrastructure failure
- Health and safety risks for the local population
Employees
Employees
- Acting as a responsible employer
- Workplace health and safety
Plan
- Comprehensive human resource management
- Management systems for health and safety in the workplace
- Group’s strategic goals for positioning itself as a responsible and attractive employer, as well as for health and safety at work
Measures | Results
- “Human Resource Management”, “Management by Objectives” and “Management Academy” Group policies
- Safety training courses for internal and external employees
- In-house health management project energy@work
- Scholarship and trainee programmes
- “Personnel development 4.0” programme
Opportunities and risks for Energie AG
Opportunities:
- Practical knowledge remains within the company
- Availability of skilled professionals owing to good employer branding
- Low staff turnover
Risks:
- Litigation
- Shortage of skilled professionals
- High staff turnover
- Loss of expertise and practical knowledge
- Negative impacts on employer branding
Opportunities and risks for stakeholders
Opportunities:
- Safeguard and creation of jobs for skilled professionals within the region
- Economic contribution by providing education and training
- Long-term employability and quality of life because of our focus on employee health
Risks:
- Health and safety risks for company staff and temporary employees
Compliance and anti-corruption
Compliance and anti-corruption
- Legal compliance and prevention of corruption
Plan
- Compliance management system and officer in place
- Information management system
- Data protection management system
Measures | Results
- “Compliance Management System” and “Anti-Corruption” Group policies
- “Information Security Management” Group policy
- “Data Protection Management System” and “Data Protection Compliance Policy” Group policies
- In-person training and e-learning courses
Opportunities and risks for Energie AG
Opportunities:
- Positive image as an ethically exemplary company
Risks:
- Legal and compliance risks
- Fines
- Litigation
- Loss of reputation
Opportunities and risks for stakeholders
Opportunities:
- Fair competition
- Encouragement of ethical practises within the entire value chain
Risks:
- Risks for information security, cyber-security
- Data protection risks
- Legal and compliance risks
- Threats to fair competition
Respect for human rights
Respect for human rights
Plan
- Code of conduct
- See also Social affairs and Employees
Measures | Results
- Compliance management
- Works council
- Training courses
- Information of new employees
- See also Social affairs and Employees
Opportunities and risks for Energie AG
Opportunities:
- Availability of a diverse range of skills regardless of personal background
Risks:
- No significant risks at this time
Opportunities and risks for stakeholders
Opportunities:
- Equal opportunities and fairness for all employees
Risks:
- Equal treatment
- Aside from this, no known risks for human rights violations
Opportunities and risks are part and parcel of doing business. As a result, one of the duties involved in running a company is to identify risks at an early stage before taking suitable steps in response, as well as acting swiftly to recognise and exploit opportunities. To this end, suitable instruments and processes have been adopted at Energie AG as part of a Group-wide approach to risk management.
For details on risk management across the Group, please see the Management Report and the Notes to the Consolidated Financial Statements.