Info
1 Climate Action
- Speed up decarbonization of the power sector
- Reach carbon neutrality in system operation by 2040
- Reach carbon neutrality in own activities by 2030
- Move towards carbon neutral value chain for assets & works
- Increase climate resilience
2 Environment and Circular Economy
- Preserve and strengthen ecosystems and biodiversity
- Reduce environmental impact of our asset needs
- Improve environmental performance through an effective and efficient environmental management system
3 Health and Safety
- Go for zero accidents
- We build a strong safety culture
- We are all safety leaders
- Ensure and promote health and wellbeing of our staff
4 Diversity, Equity and Inclusion
- Establish inclusive leadership across the organization
- Appreciation of differences internally and externally to show public commitmenton DEI*
- Belonging -- People feel that they belong
- Reinforce fairness in our processes and practices to show commitment to DEI*
- Participation in decision-making and feedback
5 Business Conduct and Dialogue
- Governance – Accountable rules & processes
- Ethics – Integrity & Role modelling
- Compliance – Conformity with external & internal rules
- Transparency – Openness & meaningful stakeholder dialogue
*Diversity, Equity and Inclusion
1 Climate Action
Objective 1: Speed up decarbonization of the power sector Key Ambitions
- Deliver the infrastructure of the future through an adequate and affordable Capex program in order to incorporate ever-increasing amounts of RES into the system and match electrification needs of society
- Actively shape the evolution of electricity market mechanisms to improve RES integration
- Actively support industry to electrify
- Get involved in hydrogen & sector coupling to learn, to assess better its potential impact on the electrical system, to look for synergies, and to develop flexibilities
- Achieve 100% RES coverage of annual electricity consumption by 2032 (100% by 2032-target)
Objective 2: Reach carbon neutrality in system operation by 2040 Key Ambitions
- Reduce emissions caused by grid losses by 28 % by 2030
- Develop and implement solutions for greening/ decarbonization of balancing & voltage control, redispatch, and congestion management
- Increase in the share of RE in the provision of balancing power and reactive power
Objective 3: Reach carbon neutrality in own activities by 2030 Key Ambitions
- 50% share of SF6-free solutions in new assets to be installed until 2030
- Keep SF6-leakage rate below 0.25% until 2025 and below 0.2% thereafter
- Emission reduction from mobility1 by 90% until
- Emission-free fleet by 2030 (except for special vehicles where emission-free models are not available yet2
- Compensate all remaining emissions with trusted high-quality CO2-certificates by 2030
- Implement and maintain a certified energy management system
Objective 4: Move towards carbon neutral value chain for assets & worksKey Ambitions
- Reduce carbon intensity of our Scope 3-footprint by 2/3 by 2035 (vs 2024 baseline)
Further Ambitions
- Continuous improvement of Scope 3 data maturity
- Increase engagement of suppliers on decarbonization and sustainability within Supplier Relationship Management framework
- Improve the carbon performance of our concepts, standards and practices in a cost-conscious way
- Value CO2 emissions in tendering decisions by applying ICP for electrical equipment and large projects tenders
Objective 5: Increase climate resilienceKey Ambitions
- Institutionalize climate risk management and integrate climate adaptation into our processes
- Deliver information and activities to fulfil EU Taxonomy requirements for climate adaptation on Group-level
1 Fleet and business flights 2 and for crisis/autoarchy contingencies
Return
2 Environment and Circular Economy
Objective 1: Preserve and Strengthen Ecosystems and Biodiversity Key Ambitions A. Reduce the impact of our activities on species and habitats by at least
- Installing bird beacons on 400 km of the most critical lines for bird collisions by 2030
- Banning the use of herbicides1
- Evaluating the environmental impact of Elia Group purchases (impact of Scope 3)
B. Improve biodiversity on properties managed by 50Hertz by at least
- Managing 95% of all forest corridors in an ecological way by 203
- Ensuring a nature-inclusive approach in all 50Hertz offshore projects
- Exploring and implementing additional biodiversity measures, where possible
- Maximizing positive impact of legal compensation duties by co-developing nature protection activities with local partners.
Objective 2: Reduce environmental impact of our asset needsKey Ambitions
- Continue optimizing the grid (design, construction and operation) by applying key principles in decision making
- Continue extending lifetime of assets by applying key principles in asset maintenance
- Reduce the environmental impact of our supply chain by starting with focusing on copper and steel, by
- Incentivizing the use of recycled raw material in new assets
- Maintaining our 2025 final waste production (disposed waste) proportion up to 2030: 100% recycling rate for metals and 95% recycling rate for all waste1
Objective 3: Improve environmental performance through an effective and efficient environmental management system Key Ambitions
- Maintain the ISO14001 certification
- Apply the Environmental management system to all our operations and sites
- Continuous improvement of environmental performance through digitalization and simplification
1 Except in small dangerous areas
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3 Health and Safety
Objective 1: Go for zero accidents Key Ambitions
- We strive to minimize our accidents as much as possible, esp. those linked to key risks areas, even with the huge CAPEX program planned for the next decade
- Promote dialogue with contractors and other TSOs, putting issues up for discussion on the base of the list of deficiencies for construction site inspections and accident reports and working out joint solutions
Objective 2a: We build a strong safety culture Key Ambitions
- We create a safe environment and build a strong safety culture where everyone feels encouraged to report hazardous situations (e.g. the new EHS Tool)
- Identify and share Group-internal synergies / best-practices
Objective 2b: We are all safety leaders Key Ambitions
- Focus: individual
- Improvement of awareness concerning Gib8-safety program
- Measures to promote dialogue (dialogue on occupational safety with own employees and external companies) and no blaming culture – participatory approach
- Continue to consider safety as integral part of the 50Hertz culture and of our values/behaviors
Objective 3: Ensure and promote health and wellbeing of our staff Key Ambitions
- Increase resilience & psycho-social safety (e.g. health-promoting offers)
- Everyone has the knowledge and skills to be able to manage the mental load related to work
- Regular evaluation of the usage rates of health-promoting offers with the aim of recording key topics and deriving suitable measures
- Improve psychosocial wellbeing withing the entire organization (Group Quick Check)
Objective 4: Leading TSO in H&S Key Ambitions
- Focus: continuous improvement, harmonization, standardization and alignment
- Create a clear H&S Governance and provide useful and intelligent dashboarding and reporting to all stakeholders
- Enhance competence management
- Implement focused H&S audits
- Improve Safety Documentation (e.g. HSE-Brochure)
- Enhanced cooperation and alignment on H&S issues with other German TSOs to increase impact on contractors
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4 Diversity, Equity and Inclusion
Objective 1: Establish inclusive leadership across the organization Key Ambitions
- Have a leadership team that actively supports DEI in own teams and in the company by showing the diverse choices they made and creating an inclusive culture.
- Have more inclusive and open-minded leaders that leverage the contributions of diverse team members, and make their people feel valued for who they are.
- Include DEI in leadership tracks & set up other initiatives .
Objective 2: Appreciation of differences internally and externally to show public commitmenton DEI Key Ambitions
- Common understanding on DEI: why and link to mission and values of Elia Group.
- Integrating DEI in our culture through communications, training and other DEI actions.
- Recognize the role we play in society and support and drive external DEI initiatives. Have public claim around DEI and set-up partnerships with relevant organisations.
- Continue to show all kinds of diversity in our employer branding.
Objective 3: Belonging -- People feel that they belong Key Ambitions
- Create an environment where all employees feel valued, included, and connected to the organization.
- Accessible working environment, services and communications by removing barriers.
- Have strong ambassador network with empowered DEI ambassadors that effectively promote and support DEI initiatives.
- Autonomous and active networks
Objective 4: Reinforce fairness in our processes and practices to show commitment to DEI* Key Ambitions
- Recruitment and promotion activities are DEI proof — opportunities and based on performance and track record.
- Diversity metrics in hiring show increased representation of diverse backgrounds.
- Achieve 30% quota of women in all hierarchy levels of the organization (employees, managers, executives) and increase diversity in educational background, job trajectory and experience (cfr our quantitative ambitions by 2028).
Objective 5: Participation in decision-making and feedback Key Ambitions
- Ensure all employees have centralized and easy access to information about how to give feedback on DEI related topics.
- Increase impact by giving networks a clear voice, establishing clear feedback channels, and demonstrating positive change.
- DEI data dashboard enabling the tracking of DEI improvements in the organization.
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5 Business Conduct and Dialogue
Objective 1: Governance – Accountable rules & processes Key Ambitions
- Appropriate governance framework and rulebook for the Eurogrid Group with uniform and effective governance standards
- Orientation towards internationally recognised approaches to good practice in corporate governance and the further-development of the internal control system to serve long-term stakeholder interests
- Ensure effective internal controls for appropriate risk management in operations and business processes
Objective 2: Ethics – Integrity & Role Modelling Key Ambitions
- Provide clarity on expected behaviours in the Code of Ethics, with no tolerance for ethical breaches
- Maintain a culture of speaking out & introduce simple procedures to report incidents
- Principles for donation and sponsorship activities are laid down in a binding internal guideline that excludes direct donations to political parties.
- Ensure highest integrity towards contractors & suppliers
- Stand up for democracy and publish political positions
Objective 3: Compliance – Conformity with External and Internal Rules Key Ambitions
- Establish and systematically further develop a compliance management system
- Foster compliance with regulatory & internal provisions, detect compliance issues at early stages & take prompt actions
- Ensure prevention of fraud, abuse, corruption cases, legal actions & non-compliance
- Include compliance perspective in our regular risk assessments
- Increase the visibility of compliance through regular compliance communication and practical training formats
Objective 4: Transparency – Openness and Meaningful Stakeholder Fialogue Key Ambitions
- Full, fair, accurate, timely & understandable provision of relevant information in all matters
- Ensure proactive stakeholder dialogue & continuously stay in contact with key
- stakeholders to jointly co-develop solutions
- Early & honest project-dialog & assessing project improvement
- Provide sufficient possibilities for local stakeholders to interact in strategic dialogue
- Understand community needs & expectations to support their development
- Optimize positive impact of compensation measures to support regional development (see also D2,O1)
- Facilitate digital environmental data infrastructure development by providing collected data to environmental authorities, environmental associations and project developers
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Transcript
Info
1 Climate Action
2 Environment and Circular Economy
3 Health and Safety
4 Diversity, Equity and Inclusion
5 Business Conduct and Dialogue
*Diversity, Equity and Inclusion
1 Climate Action
Objective 1: Speed up decarbonization of the power sector Key Ambitions
- Deliver the infrastructure of the future through an adequate and affordable Capex program in order to incorporate ever-increasing amounts of RES into the system and match electrification needs of society
- Actively shape the evolution of electricity market mechanisms to improve RES integration
- Actively support industry to electrify
- Get involved in hydrogen & sector coupling to learn, to assess better its potential impact on the electrical system, to look for synergies, and to develop flexibilities
- Achieve 100% RES coverage of annual electricity consumption by 2032 (100% by 2032-target)
Objective 2: Reach carbon neutrality in system operation by 2040 Key Ambitions- Reduce emissions caused by grid losses by 28 % by 2030
- Develop and implement solutions for greening/ decarbonization of balancing & voltage control, redispatch, and congestion management
- Increase in the share of RE in the provision of balancing power and reactive power
Objective 3: Reach carbon neutrality in own activities by 2030 Key Ambitions- Compensate all remaining emissions with trusted high-quality CO2-certificates by 2030
- Implement and maintain a certified energy management system
Objective 4: Move towards carbon neutral value chain for assets & worksKey Ambitions- Reduce carbon intensity of our Scope 3-footprint by 2/3 by 2035 (vs 2024 baseline)
Further Ambitions- Value CO2 emissions in tendering decisions by applying ICP for electrical equipment and large projects tenders
Objective 5: Increase climate resilienceKey Ambitions1 Fleet and business flights 2 and for crisis/autoarchy contingencies
Return
2 Environment and Circular Economy
Objective 1: Preserve and Strengthen Ecosystems and Biodiversity Key Ambitions A. Reduce the impact of our activities on species and habitats by at least
- Installing bird beacons on 400 km of the most critical lines for bird collisions by 2030
- Banning the use of herbicides1
- Evaluating the environmental impact of Elia Group purchases (impact of Scope 3)
B. Improve biodiversity on properties managed by 50Hertz by at least- Managing 95% of all forest corridors in an ecological way by 203
- Ensuring a nature-inclusive approach in all 50Hertz offshore projects
- Exploring and implementing additional biodiversity measures, where possible
- Maximizing positive impact of legal compensation duties by co-developing nature protection activities with local partners.
Objective 2: Reduce environmental impact of our asset needsKey Ambitions- Continue optimizing the grid (design, construction and operation) by applying key principles in decision making
- Continue extending lifetime of assets by applying key principles in asset maintenance
- Reduce the environmental impact of our supply chain by starting with focusing on copper and steel, by
- Incentivizing the use of recycled raw material in new assets
- Maintaining our 2025 final waste production (disposed waste) proportion up to 2030: 100% recycling rate for metals and 95% recycling rate for all waste1
Objective 3: Improve environmental performance through an effective and efficient environmental management system Key Ambitions1 Except in small dangerous areas
Zurück
Return
3 Health and Safety
Objective 1: Go for zero accidents Key Ambitions
- We strive to minimize our accidents as much as possible, esp. those linked to key risks areas, even with the huge CAPEX program planned for the next decade
- Promote dialogue with contractors and other TSOs, putting issues up for discussion on the base of the list of deficiencies for construction site inspections and accident reports and working out joint solutions
Objective 2a: We build a strong safety culture Key Ambitions- We create a safe environment and build a strong safety culture where everyone feels encouraged to report hazardous situations (e.g. the new EHS Tool)
- Identify and share Group-internal synergies / best-practices
Objective 2b: We are all safety leaders Key Ambitions- Focus: individual
- Improvement of awareness concerning Gib8-safety program
- Measures to promote dialogue (dialogue on occupational safety with own employees and external companies) and no blaming culture – participatory approach
- Continue to consider safety as integral part of the 50Hertz culture and of our values/behaviors
Objective 3: Ensure and promote health and wellbeing of our staff Key Ambitions- Increase resilience & psycho-social safety (e.g. health-promoting offers)
- Everyone has the knowledge and skills to be able to manage the mental load related to work
- Regular evaluation of the usage rates of health-promoting offers with the aim of recording key topics and deriving suitable measures
- Improve psychosocial wellbeing withing the entire organization (Group Quick Check)
Objective 4: Leading TSO in H&S Key AmbitionsZurück
Return
4 Diversity, Equity and Inclusion
Objective 1: Establish inclusive leadership across the organization Key Ambitions
- Have a leadership team that actively supports DEI in own teams and in the company by showing the diverse choices they made and creating an inclusive culture.
- Have more inclusive and open-minded leaders that leverage the contributions of diverse team members, and make their people feel valued for who they are.
- Include DEI in leadership tracks & set up other initiatives .
Objective 2: Appreciation of differences internally and externally to show public commitmenton DEI Key Ambitions- Common understanding on DEI: why and link to mission and values of Elia Group.
- Integrating DEI in our culture through communications, training and other DEI actions.
- Recognize the role we play in society and support and drive external DEI initiatives. Have public claim around DEI and set-up partnerships with relevant organisations.
- Continue to show all kinds of diversity in our employer branding.
Objective 3: Belonging -- People feel that they belong Key Ambitions- Create an environment where all employees feel valued, included, and connected to the organization.
- Accessible working environment, services and communications by removing barriers.
- Have strong ambassador network with empowered DEI ambassadors that effectively promote and support DEI initiatives.
- Autonomous and active networks
Objective 4: Reinforce fairness in our processes and practices to show commitment to DEI* Key Ambitions- Diversity metrics in hiring show increased representation of diverse backgrounds.
- Achieve 30% quota of women in all hierarchy levels of the organization (employees, managers, executives) and increase diversity in educational background, job trajectory and experience (cfr our quantitative ambitions by 2028).
Objective 5: Participation in decision-making and feedback Key AmbitionsZurück
Return
5 Business Conduct and Dialogue
Objective 1: Governance – Accountable rules & processes Key Ambitions
- Appropriate governance framework and rulebook for the Eurogrid Group with uniform and effective governance standards
- Orientation towards internationally recognised approaches to good practice in corporate governance and the further-development of the internal control system to serve long-term stakeholder interests
- Ensure effective internal controls for appropriate risk management in operations and business processes
Objective 2: Ethics – Integrity & Role Modelling Key Ambitions- Provide clarity on expected behaviours in the Code of Ethics, with no tolerance for ethical breaches
- Maintain a culture of speaking out & introduce simple procedures to report incidents
- Principles for donation and sponsorship activities are laid down in a binding internal guideline that excludes direct donations to political parties.
- Ensure highest integrity towards contractors & suppliers
- Stand up for democracy and publish political positions
Objective 3: Compliance – Conformity with External and Internal Rules Key Ambitions- Establish and systematically further develop a compliance management system
- Foster compliance with regulatory & internal provisions, detect compliance issues at early stages & take prompt actions
- Ensure prevention of fraud, abuse, corruption cases, legal actions & non-compliance
- Include compliance perspective in our regular risk assessments
- Increase the visibility of compliance through regular compliance communication and practical training formats
Objective 4: Transparency – Openness and Meaningful Stakeholder Fialogue Key AmbitionsZurück
Return
Lorem ipsum dolor
Consectetur adipiscing elit
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod.
Lorem ipsum dolor sit