innogy focuses on sustainability
Energy company publishes its Sustainability Report plus non-financial report for fiscal year 2018
Reduction in CO2 emissions and intensity of emissions
With an almost 20 percent reduction in emissions from electricity and heat generation, further reduction in the intensity of its energy generation capacity and an increase of its renewables portfolio, innogy is making progress in its efforts to integrate sustainability into business processes. The Group, which is active in 20 countries, today presented its Sustainability Report for fiscal year 2018, again featuring a wealth of information on the subject of employees, environment, society and governance.
Uwe Tigges, Chief Executive Officer of innogy SE: “Climate protection, preservation of a healthy environment, entrepreneurial responsibility and ethical standards play an ever-increasing role in our decision-making. The expectations of our customers and other stakeholder spur us on. As a modern energy provider, innogy intends to contribute to a sustainable world and become part of the solution. We are convinced that further integration of sustainability in our processes is the right way to ensure we remain future-proof, innovative and competitive, as well as reducing risks, seizing opportunities and tapping into new potential.”
Within the reporting year, innogy was able to reduce the CO2 emissions of its energy generation by 20 percent. This was achieved primarily by decommissioning or converting plants run by innogy subsidiaries Energo and VSE. After over 50 years of conventional electricity generation, VSE transferred the coal-fired power plant in Ensdorf, Saarland, to shutdown operation at the end of 2017. In the Czech Republic, the power plant of innogy Energo in Náchod was converted to gas. One unit of the power plant in Králův Dvůr was also decommissioned in November 2018. In its Renewables division, innogy operates generation facilities with a total installed capacity of about 3.6 gigawatts (GW). There are also renewables-based plants allocated to the other two divisions with a generation capacity of 0.4 GW. innogy thus operates renewable energy plants with a total capacity of 4.0 GW. In fiscal 2018, the company expanded its portfolio of wind and solar power plants by a total capacity of about 200 megawatts (MW), pro-rata view in line with innogy’s total share.
As well as expanding its capacity for zero-emission power generation, the Group made progress on further measures in 2018 designed to contribute to climate protection. For instance, one in four of the 800 vehicles within the innogy SE fleet is now a hybrid or electric vehicle.
Besides climate protection, innogy places a high priority on workplace safety, ongoing health maintenance and health promotion. In 2018 an umbrella management system for Occupational Health and Safety was developed for innogy SE. Thanks to numerous efforts, the LTIF (Lost Time Injury Frequency Index), referring to the rate of accident-related absenteeism per million work hours, was able to be reduced to a total of 1.8 – a new record low for the Group. With new and, in some cases, externally acclaimed programmes and offers – such as measures to improved work/life balance – innogy was able to attract over 3,700 new employees last year. The total workforce of over 43,000 is also socially engaged, with more than 1,200 staff actively working for the good of local communities on over 700 voluntary projects under the innogy Companius programme.
innogy was impressive in 2018 not just for its corporate measures to foster sustainable development. Its customers also contributed via innogy products and services to climate protection and efficient use of resources. Over 1.5 million charging sessions at more than 25,000 innogy charging points was sufficient to power 50 million kilometres of clean road traffic – or 60 times to the moon and back.
In order to provide greater transparency of information to stakeholders of the company, innogy has included more themes and key indicators in the new Sustainability Report than in the previous year. For instance, this year innogy reported on the subject of Human Rights for the first time. As recently as last December, the Group made a public declaration of the importance of human rights in its entire value chain. Reporting on progress and key indicators is now a further step towards delivering transparency and showing responsibility. Moreover, by including three-year comparative data and relevant key indicators, this Sustainability Report demonstrates clear improvements in many facets of sustainability.
The fact that Sustainability is no longer a marginal issue is also evident from the inclusion of climate-related key indicators as increasingly important measures of corporate achievement. innogy has responded to this trend. At the end of 2018, innogy was the 15th German company to join a group of 500 worldwide companies and organisations which supports the recommendations of the Task Force On Climate-related Financial Disclosures (TCFD).