Page 142 - KELAG Annual Report 2017
P. 142

value  added  of  around  EUR 347.8m  through  its
                                                         entrepreneurial  activities  in  Austria.  The  average
                                                         production value of the years 2015 to 2017 came to around
           As a company with regional presence, the Group also sees   EUR 1,418.1m. The average gross value added thus came to
           itself as a reliable partner to the community and the region.   EUR 341.8m.
           Reliability  of  energy  supply  and  the  acknowledgment  of

           social  responsibility  provide  an  important  basis  for
                                                         A study on  value added prepared by the WIFO (Austrian
           Carinthia as a business and energy hub.
                                                         Institute  for  Economic  Research)  in  2016  revealed  that
                                                         KELAG generates value added of around EUR 1.4b through
           The prerequisite to acting sustainably is a stable economic
                                                         its  entrepreneurial  activities  in  Austria.  Broken  down  by
           basis. KELAG is a sound, competitive company as well as an
                                                         federal state, the largest portion relates to Carinthia with
           engine for the regional economy and labour market and
                                                         around EUR 585m annually, corresponding to 41% of the
           makes a significant contribution to the value added.
                                                         entire domestic value added. In doing so, KELAG safeguards
             GRI 103-1, 103-2                            the  jobs  of  the  1,600  KELAG  employees  as  well  as  the
                                                         capacity utilisation of around 5,100 employees in Carinthia.
                                                           GRI 203-2, 204-1

           KELAG raised its gross value added again in the financial   Since  2017,  local  or  regional  food  associated  with
           year,  which  once  again  clearly  demonstrates  the   sustainable agriculture has been on the menu at the three
           importance of the company for Carinthia as a business and   company canteens at the Klagenfurt am Wörthersee, Villach
           energy hub. As part of the evaluation, performance data   and St. Veit/Glan locations. Three-quarters of the food used
           and  structural  business statistics  of  12  fully  consolidated   there originates from Carinthia and thus  generates value
           group  companies  with  registered  offices  in  Austria  were   added of around EUR 300,000 for domestic farmers, food
           analysed. According to this study, KELAG generates gross   producers and retailers.
              GRI 203-2, 204-1
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