Integrated reporting

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 have published an Integrated Annual Report based on the recommendations of the International Integrated Reporting Council (IIRC) since the 2014 financial year, with the aim of achieving a holistic representation of the performance of the company.

In our concise and transparent reporting, we aim to meet the increased needs of stakeholders for more information. We use our regular materiality analysis process to ensure that all of the key issues from the past financial year are included in the Inte-grated Annual Report. We are introducing the new EnBW 2025 strategy in parallel to the existing EnBW 2020 strategy. In this context, we will continue to report transparently on the achievement of the goals for the EnBW 2020 strategy.

Based on the concepts behind integrated reporting, we strive for the compre-hensive integrated management of the company through the implementation of the EnBW 2020 strategy and the subsequent EnBW 2025 strategy. By presenting financial and non-financial corporate goals in the dimensions of finance, strategy, customers and society, employees and environment, we are seeking to promote integrated thinking within the company and emphasise the importance of being comprehensively oriented towards performance and our stakeholders. We measure the achievement of our goals using key performance indicators. Our ambitions are underlined by the work and membership of Thomas Kusterer, member of the Board of Management of EnBW, in the IIRC as well as in the EU Technical Expert Group on Sustainable Finance (TEG).

We will also strive in future years to continuously improve our integrated reporting. Our plans for 2020 thus include the continuous further development of the content of this report in accordance with the requirements for a non-financial declaration and the disclosures recommended by the TCFD.