Page 45 - KELAG Annual Report 2019
P. 45

For  the  further  development  of  KELAG’s  sustainability   The topics of climate and environmental protection as well
           strategy and the coordination of the content of the report   as the renewable, sustainable production of energy remain
           as well as key topics, the Group’s needs as well as those of   of  great  relevance.  In  addition  to  this  is  the  security  of
           all the relevant stakeholders are placed at the centre. Only   supply, which was identified as a key topic.
           if the expectations of internal and external interest groups
           are known business decisions can better be aligned with   To further develop the sustainability report and the linking
           existing interests. The process of identifying and prioritising   of materiality in the KELAG Group on an ongoing basis, a
           the  relevant  topics  and  matters  must  be  systematic  and   multi-step approach was chosen for prioritising key topics
           documented. The selection of key topics is made at KELAG   identified. This allowed other non-financial indicators to be
           through the implementation of the guidelines of the GRI   collected and presented in this reporting period.
           standard, which functions as an internationally legitimate
           catalogue  of  criteria  and  sustainability  standard.  In   On the basis of the materiality matrix created, the key topics
           addition, feedback on the sustainability reports is recorded   are used as the main areas of focus for the sustainability
           and  dialogue  with  individual  stakeholders  is  taken  into   report and explained in further detail later.
                                                           GRI 102-46, 102-47, 102-48 102-49, 102-50

           To  further  illustrate  the  strategic  sustainable  topics  at
           KELAG,  an  extensive  materiality  analysis  was  created  in
           2016. It is based on the results of the stakeholder network
           analysis and a customer survey from 2016 as well as the
           results obtained at an internal workshop. The result is the
           materiality  matrix.  KELAG  seeks  constant  dialogue  with
           customers,  employees,  sustainability  experts  and  rating
           agencies so that key topics can be further developed on a
           continuous basis. In the course of the annual review of the
           corporate strategy, the topics in the materiality matrix are
           reviewed,  adapted  and  their  impact  assessed.  In  the
           reporting year 2019, the materiality matrix was revised and
           updated based on a further stakeholder survey. The focus
           was  –  in  addition  to  the  interests  of  the  internal  and
           external  stakeholders  –  also  to  take  into  account  the
           potential  positive  or  negative  impact  of  the  company’s
           activities on economic, ecological and societal matters.
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