Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Security of Supply
• Occupational Health and Safety
• Compliance
• Data Privacy
• Nuclear Energy Safety

Environmental Achievements

• Reduced CO2 emissions of its power plant portfolio by more than 60% by selling its coal-fired power plants.
• All gas-fired combined-cycle power plants are certified in line with ISO 14001.

Social Achievements

• Completed mandatory e-learning training session on the code of conduct for all workforce, including the Executive Board.
• Only 5 workplace accidents within the Alpiq Group, with no serious accidents reported.

Governance Achievements

• Established a Compliance department in 2010, reporting to the CEO and the Chairman of the Board of Directors.
• Centralized and intensified KYC checks within the entire Alpiq Group.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting all levels of society and business.
• Potential power shortage risk.
• Complex environment for the development of wind energy in Switzerland.

Mitigation Strategies

• Introduced measures to prevent the spread of the virus, protect employees, and maintain business operations.
• Implemented business continuity management activities.
• Resolute commitment to wind energy development despite challenges, with projects underway in Switzerland and Sweden.

Supply Chain Management

Responsible Procurement

• All suppliers are assessed with regard to their product quality, security of supply, environmental compatibility, transparency of the supply chain and economic efficiency (for uranium).

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, EMAS (some cases)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Security of Supply
• Diversity & Inclusion
• Governance
• Occupational Health and Safety

Environmental Achievements

• Full assessment of Alpiq's GHG balance, including Scope 3 emissions
• Significant decrease in total direct emissions (Scope 1) in 2023 compared to 2022 due to lower CCGT production
• ISO 14001 certification of Madrid office and Plana del Vent combined cycle gas turbine
• Alpiq Energía España and Alpiq France were awarded EcoVadis Silver Medal
• Renewal of Eco-Management and Audit Scheme (EMAS) for Plana del Vent CCGT, Spain
• Refurbishment of Simplon storage power plant increased energy output by 8% while maintaining the same size
• Construction of 10 MW green hydrogen production plant in Freienbach launched
• Commissioning of the Tormoseröd wind farm in south-west Sweden

Social Achievements

• Introduction of a new Code of Conduct
• Company-wide Secure Base Leadership programme for management, including diversity and inclusion topics
• Large-scale employee engagement survey with an 80% response rate
• 9,000 days without lost time injuries at Csepel CCGT plant
• Tormoseröd installation phase completed without major accidents
• Equal pay analysis of 68% of employees in 2022 shows that women earn 0.1% less

Governance Achievements

• Introduction of a value chain concept to optimize Alpiq's value
• Introduction of a new hedging policy
• Stronger financial position: from net debt to net cash and equity ratio nearly doubled
• Continued focus on core markets by divesting the Vetrocom wind park in Bulgaria
• Crisis Management & Business Continuity directive and handbooks validated by Executive Board
• Improvement in security organization and governance

Climate Goals & Targets

Environmental Challenges

• Geopolitical conflicts, supply chain disruptions, inflationary pressures, and fluctuations in the global economy threatened energy security and affordability
• Stalled progress on climate change due to diverted attention and resources
• Trilemma of ensuring economic efficiency, security of supply and sustainability in the energy transition
• Short-term thinking and inertia opposing change
• Constant evolution of cyber threats

Mitigation Strategies

• Commitment to net-zero carbon emissions by 2040
• Implementation of decarbonisation strategies through business changes and innovations
• Development of sustainability reporting in line with Swiss and EU requirements
• Issuance of a comprehensive Code of Conduct and related trainings
• Introduction of a new value-chain-based steering and operating model
• Continuous improvement of crisis response capacity
• Risk-based approach to fixing cybersecurity issues
• Increased effort on access management, network, workplace, cloud, continuity, and vulnerability management

Supply Chain Management

Responsible Procurement

• Code of Conduct for Suppliers

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products
• Development of renewable energy sources

Reporting Standards

Frameworks Used: GRI, TCFD, CSRD, Swiss Responsible Business Initiative (RBI), EU Taxonomy, GHG Protocol

Certifications: ISO 14001, ISO 9001, ISO 55001, ISO 45001, EMAS

Third-party Assurance: Amstein + Walthert AG (GHG emissions calculation and declaration)

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)

Alpiq's activities contribute to these goals through renewable energy production, energy efficiency improvements, and decarbonization strategies.

Sustainable Products & Innovation

• Green hydrogen production

Awards & Recognition

• EcoVadis Silver Medal