Financial capital
Material topic Financial, economic performance Strategic spearhead SDG: 9 – Industry, innovation and infrastructure | Why is this topic relevant? Stedin Group has a public task. We treat our social capital prudently and intelligently. A financially healthy Stedin Group has the necessary strength to facilitate the energy transition. Connection to risks (R) and opportunities (O) R: uncertainty about whether the present financial policy can be continued in the long term – insufficiently prepared for surge to replace obsolete assets/O: rates structure of the future – increase effectiveness and efficiency through supply-chain-focused operations | |||
KPI | Target for 2021 | Implementation in 2021 | Target for 2022 | Where can you read more about this topic? |
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FFO/Net debt ratio | ≥ 12% | 11.3% | 12% | |
Solvency | 40.0% | 45.6% | ≥40.0% |
Material topic Affordable and efficient services Strategic spearhead SDG: 7 – Affordable and clean energy | Why is this topic relevant? In our view, it is important that the energy transition is achieved at the lowest public cost. That also means that we ourselves continually examine how we can work more efficiently. Connection to risks (R) and opportunities (O) R: uncertainty about whether the present financial policy can be continued in the long term – insufficiently prepared for surge to replace obsolete assets/O: increase effectiveness and efficiency through supply-chain-focused operations | |||
KPI | Target for 2021 | Implementation in 2021 | Target for 2022 | Where can you read more about this topic? |
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Efficiency (on controllable opex and capex) | €26 million | €22 million | €14 million |
Improved grid management Facilitating the energy transition Sustainable business operations |