Page 43 - KELAG Annual Report 2019

Significant non-financial opportunities and risks are
covered in the section below. A description of the business
model is presented in the introductory sections of the
management report, which describe the business units and
strategies in detail. The content of the report is orientated
toward the information needs of the stakeholders as well as
the fields of action of the KELAG materiality matrix.
Involvement of the stakeholders is achieved through
ongoing dialogue with the stakeholders.
GRI 102-46
As the leading energy service provider in Austria, KELAG is
aware of its responsibility for sustainability and takes active
GRI content index
measures in this area. For the company, sustainable
development means aligning entrepreneurial activity so KELAG reports non-financial information, which complies
that environmental, economic and social responsibility are with the NaDiVeG [“Nachhaltigkeits- und
brought into line with each other. The sustainability Diversitätsverbesserungsgesetz”: Austrian law
strategy is supported by all companies included in the implementing the EU directive 2014/95/EU on non-
consolidated financial statements. The sustainability financial and diversity information] in accordance with the
magazine “WERTVOLL” has provided a channel of standards of the Global Reporting Initiative (GRI) under the
communication for raising public awareness for many “Core” option. Using a participatory method, the GRI
years. develops guidelines for the preparation of sustainability
reports by small and medium-sized companies, large
In accordance with statutory requirements, this report
corporations, governments and non-governmental
contains all information that is required to gain an
organisations. The GRI sees itself as an ongoing
understanding of the development and performance of the
international dialogue that engages a variety of
business and the position of the company as well as the
stakeholder groups. The basis of reporting in accordance
impact of its activities and which at least concerns
with GRI criteria is transparency; the objective is
environmental, societal and personnel matters as well as
standardisation and comparability. The GRI guidelines are
responsible corporate governance and includes respect for
intended to support sustainable development worldwide
human rights and the fight against corruption. This group
and at the same time offer corresponding decision-making
non-financial statement pursuant to Secs. 243b and 267a
aids and guidance. The GRI content index at the end of the
UGB (Austrian Company Code) reports the key
report indicates where the information on non-financial
performance indicators of the KELAG Group. Key
information can be found in or outside the report.
performance indicators are also reported for the annual
GRI 102-46, 102-54, 102-55
financial statements of KELAG. In some cases, more
information can be found on the KELAG website, in the
References/links
sustainability magazine or in other sections of the annual
report. These are cross-referenced. The methods used for Global Reporting Initiative (GRI) indicator
calculating the KPIs, standards, factors and assumptions Online sources and text blocks within the report
can be requested at any time from the company. Topic in the materiality matrix