Stedin’s ESG performance at a glance

The examples below show the results achieved on ESG-related themes in 2022: Environmental, Social and Governance aspects. At the same time, we are aware that we are not there yet. Further details are given in the ‘Sustainable business operations’ and ‘Corporate Governance’ sections.

Environmental

  • Reduction of CO2 emissions in own business operations (excluding gas network losses): -48%

  • Greening of electricity grid losses: 100%

  • Circularity of primary assets: 36%

  • Reduction of gas use in own premises: - 43%

  • Electric passenger cars: 83%

  • Socially responsible purchasing policy

  • Code of conduct signed for 54% of expenditure


Social

  • Number of training programmes followed: 2,069 / €5.5 million in training costs

  • Employee commitment: 7.9

  • Ratio of men to women among strategic executives: 68%/32%

  • Score on inclusion: 8.2

  • Safety for employees and environment: LTIR = 0.52, RIF = 0.91

  • Number of Participation Act jobs: 115

Governance

  • Voluntary compliance with the Corporate Governance Code

  • Has an independent supervisory board

  • Has 7 confidential advisers

  • Applies a code of conduct and underlying guidelines, such as the Guideline for Integrity Incidents and Abuses.

  • Compulsory e-learning programmes on desirable behaviour followed more than 3,000 times.


ISS ESG rating: B