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Key issues

Financial and non-financial factors form the basis of our corporate success. They enable us to generate economic, ecological and societal value, yet our business activities also have an effect on the environment and society. We determined the key aspects for EWE and our surrounding area in the 2017 materiality analysis.

2017 materiality analysis *NFS*

In 2017, we carried out a materiality analysis to identify the significant non-financial aspects for EWE and its stakeholders. Firstly, we utilised the non-financial aspects of the Group’s strategy, the issues from the 2016 sustainability report and the ten aspects of sustainability from the materiality analysis in 2013.

The relevance of this list of issues to the business of EWE has been evaluated by an internal team of experts. The evaluation was based on the CSR-RUG which is anchored by Section 315b et seq. HGB in conjunction with Section 289b et seq. HGB. Additionally, we factored in the opinions of our stakeholders in order to evaluate the effects on the environment and society and in line with the materiality criteria of the GRI Standards 1.

EWE employees from a range of Group roles surveyed a range of stakeholders and discussed and prioritised the list of issues.

1 The materiality analysis under the guidelines of the Global Reporting Initiative (GRI) contains an analysis of the effects of the activity of the company on non-financial aspects as well as an analysis of decision-usefulness for important stakeholders

Our relevant stakeholders:

*GRI 102-40*

  • Customers
  • Employees
  • Shareholders
  • Investors
  • Suppliers / business partners
  • Society / politicians

Finally, EWE validated and approved the collected results from the workshops with the Board of Management and Supervisory Board. *GRI 102–46*

The key non-financial issues identified in our 2017 materiality analysis are presented in the following materiality matrix. The X-axis shows the relevance of the issues to the business of EWE; the Y-axis shows the effects of the business activities of EWE on the non-financial aspects.

Only the highly relevant issues in the top right section of the matrix have been identified as key in the sense of the CSR-RUG. These issues are part of our non-financial statement.

Therefore, EWE covers the legally required environmental, employee and social aspects as well as corruption prevention in its reports. The aspect of observing human rights was taken into account in the materiality analysis and not identified as a key reporting aspect in the sense of the CSR-RUG.

Other reporting aspects in accordance with the GRI

Biodiversity, internal resource consumption, supply chain and data protection are also key in accordance with the GRI and are voluntarily reported on beyond the specifications of the CSR-RUG. Our key issues are presented in the following sections: Responsible management, Environment, Plants and networks, Employees, Social aspects and relationships and Finance. The following table shows the allocation of the key issues. *GRI 102-46*

Our material topics

 

Key issues Section
  • Corruption prevention *NFS*
  • Supply chain
Responsible management
  • Environmental protection *NFS*
  • Internal resource consumption
  • Biodiversity
 Environment
  • Security of supply and network stability *NFS*
Plants and networks
  • Working conditions *NFS*
  • Education and advanced training *NFS*
  • Health management and occupational safety *NFS*
Employees
  • Customer satisfaction and service quality *NFS*
  • Information security *NFS*
  • Data protection *NFS*
Social aspects and relationships
  • Economic responsibility *NFS*
Finance

*GRI 102-44* *GRI 102-46* *GRI 102-47*