Intellectual capital

Material topic

Smart grids, data technology and innovation

Strategic spearhead

SDG: 7 – Affordable and clean energy

Why is this topic relevant?

To facilitate the energy transition, we need smart grids that provide insight into the status of the grid. Together with customer demand, these data provide important information to arrive at good predictions of where bottlenecks might arise in our grid in the future. At the same time, we are working with partners on innovative solutions that can accelerate the energy transition.

Connection to risks (R) and opportunities (O)

R: cyberattack causing damage to society and business operations – IT/OT landscape insufficiently prepared for the future – availability and quality of data insufficient – uncertainty about duration of availability of communication network/O: develop and deploy disruptive technologies and methods – perform comprehensive assessment for allocating investments between electricity, gas or future energy sources – future-proof grid management by means of data-driven forecasts and decision-making

KPI

Target for 2021

Implementation in 2021

Target for 2022*

Where can you read more about this topic?

% of grids for which financial implications quantified in real time*
Data supplied by smart meter P4 (Stedin)

-
97%

-
97%

90%
97%

Smart grids, data technology and innovation

  1. * New Strategic KPI and target in 2022

Material topic

Safety and security

Strategic spearhead

SDG: 7 – Affordable and clean energy/8 – Decent work and economic growth

Why is this topic relevant?

Working on the energy infrastructure involves risks, which is why safety remains a priority and why Stedin Group invests in knowledge, professional competence, safety measures and a good safety culture. Data security, privacy and cybersecurity also become more important in times of digitalisation. We apply effective procedures to work on these security aspects and therefore on the continuity of energy supply. This way, we ensure the safety of our customers, employees, contractors and hired staff.

Connection to risks (R) and opportunities (O)

R: cyberattack causing damage to society and business operations – impact of accidents related to Stedin Group

KPI

Target for 2021

Implementation in 2021

Target for 2022

Where can you read more about this topic?

RIF
LTIR

≤ 0.90
≤ 1.95

0.76
0.54

0.90
1.90

Safety and security

Risk management