Integrated annual and sustainability report, GRI ‘comprehensive standards’ compliance, UN Global Compact

EVN AG – Annual report – 30 September 2018

Industry: utilities

About this report

Under the title “EVN Full Report”, we publish an integrated annual and sustainability report for each financial year. The equal treatment in this publication of non-financial and financial information and the corporate governance report underscore our self-image as a responsible energy and environmental services provider.

A central element of EVN’s integrated business model is the balanced treatment given to the interests and concerns of our various stakeholders. This is reflected, above all, in the EVN materiality matrix, which identifies the priority topics for the various interest groups based on a regular survey. The increased alignment of the report structure with the most important issues in this matrix is intended to meet the different and multifaceted information requirements of these target groups.

Reporting in accordance with the Austrian Sustainability and Diversity Improvement Act

In order to meet the requirements of EU Directive 2014/95/EU on the disclosure of non-financial and diversity-related information (NFI Guideline), which was implemented in Austria through the Sustainability and Diversity Improvement Act (“Nachhaltigkeitsund Diversitätsverbesserungsgesetz“), we have selected the option to prepare a separate non-financial report. The information required by the Sustainability and Diversity Improvement Act on environmental, social and employee issues, respect for human rights and combatting corruption is therefore presented under the section “Non-financial report“ and is listed separately in the table of contents for easier orientation.

Applied standards and guidelines

This full report meets the requirements of the Global Reporting Initiative (GRI) “comprehensive standards“ and also includes additional company-specific indicators which were added to the GRI content index. The reporting content is based on legal requirements, the information needs of our various stakeholder groups and the most important areas of activity in EVN’s materiality matrix. In agreement with the GRI reporting standards, information of low importance is not provided in order to maximise relevance and transparency by concentrating on the most significant issues. The GRI content index was prepared in agreement with the requirements of the Global Reporting Initiative. It summarises the most important indicators and does not include the indicators that are not applicable to EVN.

This report also meets the high standards set by the UN Global Compact and provides information on progress in this area.

The following corporate departments were responsible for the collection and calculation of data in accordance with national and international standards and with the guidelines for financial and sustainability reporting: accounting, controlling and human resources management as well as innovation, sustainability and environmental protection. The consolidated financial statements were prepared in accordance with § 245a of the Austrian Commercial Code based on the requirements of the IFRSs issued by the International Accounting Standards Board (IASB) and the interpretations of the International Financial Reporting Interpretations Committee (IFRIC) which required mandatory application as of the balance sheet date and had been adopted by the European Union. The non-financial reporting was based on the applicable standards of the Global Reporting Initiative, which were applied as completely as possible.

External verification

KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft was responsible for the audit of the consolidated financial statements and the verification of compliance with GRI standards and the Austrian Sustainability and Diversity Improvement Act for the 2017/18 financial year.

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References

Additional information on certain topics is provided on EVN’s website and cross-referenced in this report. The full report also includes references to the GRI standards and to other information within the report. The signs used in this full report are listed below:

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The editorial deadline for this report was 20 November 2018.

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