GRI
Significant opportunities (+) / risks (-)1), concepts, measures and SDGs
ECONOMY
Partnership with equity investors and outside creditors | Business models fit for the future – innovation
Concepts
- Securing the company value by continuing a sound financial and investment policy
- Implementing innovative business models to safeguard the Group's competitiveness
- Partnerships and cooperation projects
- Strengthening the Company's resilience against exceptional events (e.g. the COVID-19 pandemic)
- Increasing the use of new technologies (digitalisation)
Opportunities and risks
see Notes to the Consolidated Financial Statements, Management of risks and opportunitiesSDGs
- SDG 8 Decent work and economic growth
- SDG 9: Industry, innovation and infrastructure
- SDG 12: Responsible consumption and production
ENVIRONMENT
Climate protection | Resource conservation
Concepts
- Consistent QSE management system
- Group’s strategic goals for climate protection and resource conservation
- Certified management systems (EMAS, ISO)
Opportunities and risks
Opportunities
- Efficient and environmentally friendly energy supply for society and the economy
- Resource preservation empowered by modern and sustainable technologies
- Contribution to achieving climate neutrality
Risks
- Regional ecological impacts on habitats, hydromorphology and biodiversity from the construction and operation of facilities
- Local and global environmental impacts from increased emissions (greenhouse gas emissions in particular)
Measures
- “Quality, Safety and Environmental (QSE) Management” Group Policy
- “Strategy Development Process” Group Policy
- “Company Cars and Their Private Use” 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
- Use of modern and sustainable technologies
- Rights management database
- Management of official decisions
- Ensuring that the legally required staff appointments are made
- Ideas management
SDGs
- SDG 3: Good health and well-being
- SDG 6: Clean water and sanitation
- SDG 7: Affordable and clean energy
- SDG 9: Industry, innovation and infrastructure
- SDG 11: Sustainable cities and communities
- SDG 12: Responsible consumption and production
- SDG 13: Climate action
- SDG 14: Life below water
- SDG 15: Life on land
SOCIAL AFFAIRS
Security and quality of supply | Customer orientation and satisfaction | Regional responsibility | Social commitment
Concepts
- Consistent QSE management system
- Crisis management
- Group’s principles on democratic politics
- Group’s strategic goals for security and quality of supply, customer satisfaction and regional responsibility
Opportunities and risks
Opportunities
- High reliability in supply and waste management services
- Regional value-creation with infrastructure projects and capital investments in infrastructure
- Support for social, cultural and sporting activities
- New innovative products and sales channels for customers
- Raising the awareness of children and adolescents for an environmentally conscious consumption of resources, electricity and water, as well as for the proper management and separate collection of waste
Risks
- Potential negative effects on society, economy and environment caused by malfunctioning critical infrastructure (power plants, grid, telecommunication, waste and water/waste water management facilities)
- Potential negative effects from outages of critical infrastructure on information security, cyber security and data protection
- Regional consequences for the local population resulting from the construction and operation of facilities
Measures
- “QSE Management” Group Policy
- “Sponsoring and Giving” Group Policy
- Investments into (grid) infrastructure
- Overhaul and maintenance work to ensure security (of supply)
- Crisis and emergency plans
- Complaint management
- Customer forum
- Proactive inclusion of stakeholders
- Project-related communication with stakeholders
- Consideration of the interests of affected citizens beyond the scope prescribed by law
- “Guidelines for planning processes for new high-voltage routes”
- Support for social, cultural and sporting activities
- Educational programme “Energie AG at School”
- www.wir-denken-an-morgen.at
- also see measures in Compliance
SDGs
- SDG 1: No poverty
- SDG 3: Good health and well-being
- SDG 4: Quality education
- SDG 6: Clean water and sanitation
- SDG 7: Affordable and clean energy
- SDG 9: Industry, innovation and infrastructure
- SDG 10: Reducing inequality
- SDG 11: Sustainable cities and communities
- SDG 17: Partnerships for the goals
EMPLOYEES
Acting as a responsible employer | Workplace health and safety
Concepts
- 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
Opportunities and risks
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 thanks to a focus on employee health
- Family-friendly employer
Risks
- Health and safety risks for company staff and temporary employees
Measures
- “Human Resource Management” Group Policies
- “Management by Objectives” Group Policy
- “Management Academy” Group Policy
- “berufundfamilie” audit for work-life balance
- “Workplace Health Promotion until 2019” seal of approval
- In-house health management project energy@work
- Apprentice|trainee education
- Safety training courses for internal and external employees
- Work safety awareness campaign
- Introduction of sabbaticals
SDGs
- SDG 1: No poverty
- SDG 3: Good health and well-being
- SDG 4: Quality education
- SDG 5: Gender equality
- SDG 8: Decent work and economic growth
- SDG 10: Reducing inequality
COMPLIANCE
Legal compliance and prevention of corruption
Concepts
- Compliance management system and officer in place
- Information management system
- Data protection management system
Opportunities and risks
Opportunities
- Fair and transparent contract award processes
- Transparency and reliability for customers
Risks
- Risks to fair competition caused by corruption and violations of antitrust law
- Risks to claims by customers and employees under data protection law
Measures
- “Compliance Management System” Group Policy
- “Anti-corruption” Group Policy
- “Capital Market Compliance” Group Policy
- “ICT Information Security Management” Group Policy
- “Data Protection Management System” Group Policy
- “Data Protection Compliance Policy” Group Policy
- “Internal Control System (ICS)” Group Policy
- In-person training and e-learning courses
SDGs
- SDG 5: Gender equality
- SDG 8: Decent work and economic growth
- SDG 10: Reducing inequality
- SDG 16: Peace, justice, and strong institutions
RESPECT FOR HUMAN RIGHTS
Legal compliance and prevention of corruption | Security and quality of supply | Regional responsibility | Acting as a responsible employer | Climate protection & resource conservation
Concepts
- Group’s strategic goals for climate protection and resource conservation, security and quality of supply, regional responsibility, and acting as a responsible employer
- Compliance management system and officer in place
Opportunities and risks
Opportunities
- Secure and reliable supply and waste management in the interest of a high quality of life
- Positive effects on the region from regional procurement
- Positive effects on business partners and employees
Risks
- Risks in the earlier links of the supply chain cannot be entirely ruled out
- Isolated cases of discrimination
Measures
- “Compliance Management System” Group Policy
- Works council
- Code of Conduct – penalties for violations of the Code of Conduct
- Defined minimum requirements for suppliers
- Procurement sourcing is geared to sustainability criteria and principles
- Training courses
- www.wir-denken-an-morgen.at
SDGs
- SDG 8: Decent work and economic growth
1)
1)
Risks/opportunities are defined as events outside of the “ordinary” business activities that entail potential negative/positive consequences
With regard to Energie AG's risks/opportunities resulting from the NaDiVeG, please see “Significant Opportunities (+)/Risks (-) and Measures” in the
Notes to the Consolidated Financial Statements,Management of risks and opportunities