Integrated reporting
EnBW has published its fifth integrated report for the financial year 2018. In order to meet the changing needs of stakeholders for information, EnBW has replaced the traditional split financial and sustainability reporting with one integrated report.
EnBW recognised the importance of integrated reporting – which not only takes into account economic but also ecological and social dimensions – at an early stage. We published an integrated report based on the recommendations of the IIRC (International Integrated Reporting Council) for the first time for the 2014 financial year, with the aim of achieving a holistic representation of the performance of the company. This was a further milestone on our path towards more concise, transparent and comprehensive reporting to meet the increased needs of stakeholders for more information.
In the Integrated Annual Report 2018, we have continued this development further and stabilised the process. Following substantial changes in the previous year due to the implementation of the legal requirements for strengthening non-financial reporting by companies in their management reports and Group management reports (CSR Directive Implementation Act) and the associated preparation of a non-financial declaration, another main focus this year was stabilising the internal processes with respect to reporting and to continuity in external reporting.The most important information on sustainability continues to be included in the integrated report, while more detailed information on sustainability has been prepared and made available on the EnBW website.
Based on our EnBW Report 2017, the focuses of the developments in the Integrated Annual Report 2018 were, in particular, materiality analysis, TCFD recommendations, interdependencies, non-financial declaration and the report on opportunities and risks.
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Further development
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Materiality analysis
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Further development
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TCFD recommendations
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Further development
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Interdependencies
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Further development
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Non-financial declaration
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Further development
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Report on opportunities and risks
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Further development
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On the basis of the EnBW 2020 strategy, integrated reporting at EnBW implies the highly integrated management of the company. By presenting financial and non-financial corporate goals – the achievement of which is measured using key performance indicators – we are seeking to promote integrated thinking within the company and underline the importance of being comprehensively oriented towards our performance and stakeholders.
We will also strive in future years to continuously improve our integrated reporting. Our plans for 2019 thus include the continuous further development of the content in this report in accordance with the requirements for a non-financial declaration and the disclosures recommended by the TCFD.