Sustainable business operations

We work to ensure safe conditions for our customers, employees and other stakeholders; professionally competent and vital employees are crucial to creating a strong company into the future. And with our sustainability strategy, we work to have a positive impact for people and planet. At all times, we are mindful of the importance of ensuring that the energy transition remains affordable.

Strategic KPIs

Note

2020

2021

Target for 2022

Safety and security

RIF

Recordable Incident Frequency: the number of lost-time workplace incidents, incidents entailing alternative work or incidents requiring medical treatment per 200,000 hours worked.

0.70

0.76

≤ 0.90

LTIR

Lost Time Injury Rate: the number of lost-time workplace incidents per million hours worked.

0.40

0.54

≤ 1.90

Good employment practice

Engagement

Engagement is the extent to which employees feel a sense of attachment towards their organisation.

8.1

7.8

≥ 7.7

Commitment

Commitment is the degree of passion and inspiration experienced by employees in their work.

8.0

7.6

≥ 7.5

Impact on people and planet

Reduction of CO2 emissions

Percentage reduction of CO2 emissions from Stedin’s business operations in tonnes compared to 2018 (excluding gas network losses)

-28%

-45%

-36%

Financial, economic performance

Solvency

Ratio equity/total capitalisation (see glossary for definition)

43.0%

45.6%

> 40%

FFO/Net debt ratio

The FFO/Net debt ratio reflects the extent to which the net debt ratio can be repaid out of the cash flow from operating activities (see glossary for definition)

12.0%

11.3%

12.0%