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?

FFO/Net debt ratio

≥ 12%

11.3%

12%

Financial, economic performance

Financial results

Risk management

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?

Efficiency (on controllable opex and capex)

€26 million

€22 million

€14 million

Affordable and efficient services

Improved grid management Facilitating the energy transition Sustainable business operations