Sustainability at a glance

Concepts, significant opportunities (+) / risks (-)1), measures and SDGs

ECONOMY

PARTNERSHIP WITH EQUITY INVESTORS AND OUTSIDE CREDITORS | BUSINESS MODELS FIT FOR THE FUTURE – INNOVATION

Economic 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. energy market turbulence)
  • Increasing the use of new technologies (digitalisation)

Economic measures

  • see the Group Management Report
  • Investments into (grid) infrastructure
  • Investments into renewable energy
  • Support for investments by customers into renewable energy
  • Long-term provision of attractive jobs
  • Reliable partner for customers and suppliers
  • Provision of energy and services for businesses and their production
  • Innovation company Wertstatt 8
  • Holding unit “Group Innovation” starting November 2023
  • Investments in innovative projects ("Loominati" platform for improvement suggestions, international Startup Innovation Challenge starting November 2023, digitalisation campaign “Neuland” etc.)

SDGs tied to the economy

  • SDG 7: Affordable and clean energy
  • SDG 8: Decent work and economic growth
  • SDG 9: Industry, innovation and infrastructure
  • SDG 12: Responsible consumption and production
ENVIRONMENT

Climate protection | Resource conservation

Environmental concepts

  • Consistent QSE management system
  • Group’s strategic goals for climate change mitigation and resource conservation
  • Certified management systems

Environmental 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
  • Increasing the share of renewable energy

Environmental 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)
  • Consumption of natural resources

Environmental measures

  • “Group Mission Statement”
  • “Principles of our actions”
  • Code of Conduct “This is how we think, this is how we act”
  • “Code of conduct for contractors”
  • “Principles on democratic politics” for public engagement
  • “Quality, Safety and Environmental (QSE) Management” Group Policy
  • “Internal Control System (ICS)” Group Policy
  • “Strategy Development Process” Group Policy
  • “Company Cars and Their Private Use” Group Policy
  • Group-wide expansion target for renewable energies: 1,200 GWh/a between now and 2035
  • Investments in grid infrastructure in connection with electricity from volatile renewable generation
  • Transitioning company fleet to electric cars
  • Purchase of electric trucks for selected units
  • “LOOP” strategy project
  • “Waste Incineration Plant ­– Decarbonisation” research project
  • Fit4Green service
  • Heat generation from biomass and heat pumps
  • 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
  • Energy audits for customers (IfEA)
  • Use of modern and sustainable technologies
  • Regular overhaul and maintenance work
  • Extensive monitoring activities (e.g. water quality)
  • “Loominati” platform for suggested improvements
  • Peer-to-peer trading app “E-Fairteiler”
  • Storage space optimisation project
  • Establishment of “Change Agents” to support cultural changes, e.g. towards sustainability
  • Crisis and emergency plans
  • Legally compliant corporate management
  • Rights management database
  • Management of official decisions
  • Ensuring that the legally required staff appointments are made
  • Seminar on soil restoration starting November 2023
  • Financial contribution for employees towards the Austrian rail pass “Klimaticket” starting November 2023
  • Project on battery energy storage systems, project kick-off in January 2024

SDGs tied to the environment

  • SDG 6: Clean water and sanitation
  • SDG 7: Affordable and clean energy
  • SDG 9: Industry, innovation and infrastructure
  • SDG 12: Responsible consumption and production
  • SDG 13: Climate action
  • SDG 15: Life on land
SOCIAL AFFAIRS

Security and quality of supply | Customer orientation and satisfaction | Regional responsibility | Social commitment

Social concepts

  • Consistent QSE management system
  • Crisis management
  • Group’s strategic goals for security and quality of supply, customer satisfaction and regional responsibility

Social 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

Social 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

Social measures

  • “Group Mission Statement”
  • “Principles of our actions”
  • Code of Conduct “This is how we think, this is how we act”
  • “Code of conduct for contractors”
  • “Principles on democratic politics” for public engagement
  • “QSE Management” Group Policy
  • “ICS” Group Policy
  • “Sponsoring and Giving” Group Policy
  • Investments into (grid) infrastructure
  • Overhaul and maintenance work to ensure security (of supply)
  • Monitoring of unplanned supply interruptions
  • Extensive monitoring activities (e.g. water quality)
  • Crisis and emergency plans
  • Group-wide organisational structures for the management of risks and opportunities
  • 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”
  • “Loominati” platform for suggested improvements
  • Complaint management
  • Virtual assistant “Anette” (provides support for PV connection assessment)
  • Online tools to support energy communities and request information on available grid capacities
  • www.wir-denken-an-morgen.at
  • www.energieabergut.at
  • Various communication channels
  • also see measures in Compliance

SDGs tied to social affairs

  • SDG 4: Quality education
  • SDG 6: Clean water and sanitation
  • SDG 7: Affordable and clean energy
  • SDG 9: Industry, innovation and infrastructure
EMPLOYEES

Acting as a responsible employer | Workplace health and safety

Employees 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

Employees opportunities

  • Safeguard and creation of jobs for skilled professionals within the region
  • Economic contribution by providing education and training
  • Long-term safeguarding of fitness to work and quality of life as a result of health promotion measures for the workforce
  • Family-friendly employer
  • Flexible working conditions
  • Varied jobs that contribute to the energy transition
  • Focus on strengths through Positive Leadership
  • Equal opportunity

Employees risks

  • Health and safety risks for company staff and temporary employees
  • Breaches of compliance

Employees measures

  • “Group Mission Statement”
  • “Principles of our actions”
  • Code of Conduct “This is how we think, this is how we act”
  • Charta for agile collaboration across departments
  • “Human Resource Management” Group Policy
  • “Management by Objectives” Group Policy
  • “Management Academy” Group Policy
  • “ICS” Group Policy
  • “berufundfamilie” audit for work-life balance
  • “Workplace Health Promotion until 2025” seal of approval
  • In-house health management project energy@work
  • Works agreement on working from home
  • Works agreement on sabbaticals
  • Holiday activities for children
  • In-house childcare facility
  • Nursing care platform
  • Creation of an attractive work environment
  • Flexible work time models
  • Dialogue with the employees' representatives
  • Various employer branding measures for the individual target groups
  • “Kennst wen” initiative
  • Personnel and management development
  • Apprenticeship|trainee programmes
  • Promoting diversity: “Women in technology jobs”
  • Trend monitoring
  • Strategic succession planning
  • Continuous development of the high work safety standards
  • Safety training courses for internal and external employees
  • Work safety awareness campaign
  • Accident prevention
  • Compliance training courses
  • Group health insurance
  • “Loominati” platform for suggested improvements
  • Cultural & sport events for the workforce
  • Financial contribution for employees towards the Austrian rail pass “Klimaticket” starting November 2023

SDGs tied to employees

  • SDG 4: Quality education
  • SDG 5: Gender equality
  • SDG 8: Decent work and economic growth
COMPLIANCE

LEGAL COMPLIANCE AND PREVENTION OF CORRUPTION

Compliance concepts

  • Compliance management system and officer in place
  • Information management system
  • Data protection management system
  • Whistleblowing system

Compliance opportunities

  • Improving legal certainty
  • Fair and transparent contract award processes
  • Transparency and reliability for customers

Compliance risks

  • Risks to fair competition caused by corruption and violations of antitrust law
  • Risks to claims by customers and employees under data protection law

Compliance measures

  • “Group Mission Statement”
  • “Principles of our actions”
  • Code of Conduct “This is how we think, this is how we act”
  • “Code of conduct for contractors”
  • “Principles on democratic politics” for public engagement
  • “Compliance Management System” Group Policy
  • “Anti-corruption” Group Policy
  • “Capital Market Compliance” Group Policy
  • “Information Security Management” Group Policy
  • “Data Protection Management System” Group Policy
  • “Data Protection Compliance Policy” Group Policy
  • “ICS” Group Policy
  • Self-declaration form for bidders in tenders
  • Exclusion of suppliers on sanctions list during tenders
  • Whistleblowing instrument “Tell me”
  • In-person training and e-learning courses

SDGs tied to compliance

  • SDG 5: Gender equality
  • SDG 8: Decent work and economic growth
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

Respect for human rights concepts

  • Group’s strategic goals for climate change mitigation and resource conservation, security and quality of supply, regional responsibility, and acting as a responsible employer
  • Compliance management system and officer in place
  • Whistleblowing system

Respect for human rights 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

Respect for human rights risks

  • Risks in the earlier links of the supply chain cannot be entirely ruled out
  • Isolated cases of discrimination

Respect for human rights measures

  • “Group Mission Statement”
  • “Principles of our actions”
  • Code of Conduct “This is how we think, this is how we act”
  • “Code of conduct for contractors”
  • “Principles on democratic politics” for public engagement
  • “Compliance Management System” Group Policy
  • “ICS” Group Policy
  • Works council
  • Whistleblowing instrument “Tell me”
  • Procurement sourcing is geared to sustainability criteria and principles
  • Training courses
  • www.wir-denken-an-morgen.at

SDGs tied to the respect for human rights

  • 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; for 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