Sustainability Report 2017

Strategy and Management


Responsible corporate management and a vision led by social interests – this is what distinguishes 50Hertz. Motivated by the vision of a successful energy transformation – for a sustainable world, we have set ourselves strategic objectives: We want to make grids suitable for increasing the shares of renewable energies, maintain the level of security of supply and, in doing so, achieve a competitive result. At the same time, we have to focus even more on occupational safety, increase the efficiency of our activities and continue to promote a value-based corporate culture.

In its own Corporate Charter, 50Hertz has undertaken to act in accordance with the ten principles of the UN Global Compact in the areas of working norms, occupational safety, environmental protection, human rights and combating corruption. We joined this important global value alliance in April 2017 and have become increasingly involved in the German network. We are committed to transparency: All applicable guidelines, policies and manuals, work instructions, process manuals and operating agreements are available to our employees in our company documentation.

50Hertz Top Targets and Strategic Directions


The 50Hertz Board of Management consists of four members: Boris Schucht (Chief Executive Officer, CEO), Dr. Dirk Biermann (Chief Markets and System Operations Officer), Dr. Frank Golletz (Chief Technical Officer) and Marco Nix ( Chief Finance Officer). Our Chief Human Resources Officer, Dr. Katharina Herrmann, completes the extended Board of Management.

The aim of the Board of Management is to successfully continue to develop the company sustainably. In the context of the sustainability strategy, goals, indicators and measures are systematically further developed, reviewed, and thus anchored in the corporate strategy. A company-wide panel, chaired by the Chief Finance Officer and the Chief Human Resources Officer, controls this development – from the development of measures to reporting.


50Hertz has examined the economic, ecological and social impact of its own business activities in accordance with the G4 Guidelines of the Global Reporting Initiative (GRI) on sustainability reporting. We have translated the general aspects stated therein into topics that are relevant for 50Hertz and have compared these to the interests of our stakeholders with the help of benchmarks, peer group reports and surveys. With the aim of systematically further developing the materiality analysis and sustainability management, a detailed survey of stakeholders was conducted in the third quarter of 2017. This group includes shareholders, the public, non-governmental organisations (NGOs), politicians, regulators, investors, media, customers, suppliers and representatives of the 50Hertz workforce. The qualitative survey confirmed the essential reporting topics. At the same time, it demonstrated the desire among respondents for 50Hertz regional centres to be more closely involved in regular stakeholder dialogues than before.

50Hertz Stakeholder Environment

The thematic fields confirmed in the stakeholder survey are the basis for the 2017 reporting:

Thematic fields and target visions