GRI 102-14, GRI 102-15, GRI 102-46, GRI 102-47, GRI 103-1, GRI 103-2, GRI 103-3, GRI 201-2
Our planet and the whole of humanity are facing the serious challenge of finding answers to the problems of climate change. The global economy plays an important role in this and is called upon to follow the Sustainable Development Goals (SDG) set by the United Nations (UN): The SDGs, to which 50Hertz is also committed, represent a globally linked strategy to meet the challenges on an economic, social and ecological level.A low-carbon or even CO2-neutral economy is an essential part of this global strategy. With the increasing integration of renewable energies, 50Hertz is making a decisive contribution to the energy transition - and beyond it to decarbonisation. To this end, we are developing our transmission grid in line with demand and enabling transparent and non-discriminatory access for all market participants. We've also set ourselves specific goals and measures to make our core business even more sustainable. 50Hertz is committed to reducing its direct CO2 emissions, increasing biodiversity around 50Hertz plants and lines, and further expanding the targets set for occupational safety and diversity in the workplace. In the future, we will work more closely with our suppliers and partners on concepts for the reuse and reconditioning (circularity) of the materials we use and the eco-design of our plants.
In 2015, the international community of states represented by the United Nations has agreed 17 goals for sustainable development.
Within the context of Agenda 2030, these global goals, which apply equally to all states, are intended to reduce inequalities, promote equal opportunities and stimulate sustainable economic growth.
All - governments and companies alike - are called upon to meet this challenge, but also to focus on opportunities and risks and tap the potential of sustainability.
The Elia Group has a strong, positive influence on SDG 7 "Affordable and Clean Energy" with its business model of increasingly integrating sustainable energies into the grids. At the same time, this also creates positive influences that lead to sustainable cities and communities (SDG 11). The Group contributes to a good employment situation and stable growth in the various regions of its grid areas, thus strengthening SDG 8 "Decent Work and Economic Growth". Overall, Elia Group's business activities and revenues contribute 100% positively to SDGs.
This positive influence is offset by both opportunities and risks, the alignment of which with the corporate strategy is carefully examined. These include, for example, more intensive investigation of the effects of climate change and other related risks on the Group's own business activities and those of the supply chain.
In the course of harmonizing sustainability reporting at Elia Group level, the main economic, environmental and social topics of 50Hertz and Elia were combined in 2019 and an internal survey was conducted. The aim is to harmonize the respective materiality analyses in a comparable way. The survey largely confirmed the relevant topics originally identified by 50Hertz and included in the previous materiality matrix. A new feature is the classification into topics of the highest and greatest relevance in the presentation of results. In addition, four topics were identified which, together with the topics of high and highest relevance, provide the basis for the strategic orientation of 50Hertz sustainability management. It is planned to align the new materiality matrix with the interests of the relevant stakeholders. This group includes shareholders, the public, non-governmental organisations (NGOs), politicians, regulatory bodies, investors, media, customers, suppliers and representatives of the 50Hertz workforce.