Sustainability report 2022

We are pleased to present the Sustainability Report for 2022 of our energy distribution companies in Romania. Through this report we want to share with all stakeholders the challenges we have gone through together in 2022, the results achieved and the initiatives to integrate sustainability into the central aspects of the distribution activity, with care for the needs of customers, partners, shareholders, but also with care for the environment.

The year 2022 was another of great turbulence, characterized by converging crises, such as the continuation of the pandemic, the climate change effects, economic uncertainty, dramatic diplomatic conflicts, tensions within the energy commodity market, inequality intensification and volatility of the supply chain.

Within this context, we acknowledge once again the need for a flexible approach that continuously innovates and adapts and helps anticipate and address the multitude of changes that have become a constant over the recent years, so that we can contribute to further reduce risks and increase economic and social value.

Our distribution companies have adopted a sustainable business model by committing to the key role that the distribution network infrastructure plays in the energy transition. We continue our contribution to the decarbonization and electrification process in line with the Objectives of the Paris Agreement.

Grids transformation remains our strategic objective and drives our technological and digital innovation progress by combining the use of traditional equipment with advanced grids solutions, increasing the resilience of our networks and fostering their sustainability.

Our leading role in the energy transition requires our commitment to promote transparency in all our processes, active listening, openness and orientation towards creative solutions. We enable talent and passion and harness uniqueness while consolidating our relationships with the local communities, customers and partners.

We are open to new technologies, partnerships and ways of using energy, involving all stakeholders to jointly create favorable grounds for a circular economy model, essential for addressing today’s challenges such as economic insecurity, social inequity and climate change.

Our people are central to our strategy, and a continuous source of inspiration for our core organizational values: trust, responsibility, innovation and proactivity.

We maintain a high commitment for respecting our code of ethics, and the focus on our ‘Zero Accidents’ goal. Health and safety at work remain strategic objectives in our companies' activities.

We are confident with regards to the future of the energy sector and continue to play an active role in significantly contributing to the main objectives of the Energy Transition.