Integrated performance combines economic performance and CSR performance. ENGIE systematically integrates financial and CSR factors into its activity monitoring activities, product and service launches, and its project management and performance analysis practices, in order to maximize value creation, reduce risks and promote opportunities for harmonious development in a way that is sustainable and shared with all stakeholders
The performance of an energy company such as ENGIE is often analyzed with regard to its power production fleet and its development over time, from a financial, environmental and societal perspective.
The integrated thinking concept was launched in 2010 by the IIRC (International Integrated Reporting Council), an international organization of which ENGIE is a member and that brings together investors, companies, regulators, accountants and NGOs to promote a new approach to value creation based on an analysis of different forms of resources or capital - human, financial, material and so on - implemented within a company and which integrates financial and non-financial indicators.
The outcome of this integrated thinking approach is an so-called integrated report that provides a coherent and meaningful summary of the company's environment, ambition, strategy, objectives and performance.
Supported by its Board of Directors and management team, ENGIE was the first French CAC40 company to launch this innovative approach and to publish an integrated report in 2014, based on IIRC practices.
The 2018 integrated report is the result of this work, which has been conducted since its launch in close collaboration with stakeholders and is published each year at the time of the General Meeting.
External observers measure a company's performance by its credit rating issued by credit rating agencies - essentially an assessment of corporate solvency - and its CSR ratings, sometimes called “non-financial” ratings issued by CSR rating agencies and which focus on a company's sustainability. Both of these approaches are complementary.
In practical terms, a company's financial and CSR performances are measured against a set of objectives and by monitoring relevant indicators.
Value creation is not limited to financial indicators. It is also assessed in terms of positive and sustainable impacts that a company's activities have on environmental protection and on the well-being of the society as a whole. This assessment integrates various stakeholders and takes into account an ever-changing environment.
The performance of an energy company such as ENGIE is often analyzed with regard to its electricity production fleet and its development over time.
The Group's energy mix is presented by distinguishing the production capacities and quantities of electricity produced by technology and by region of this generating fleet over the past three years.
Beyond its energy mix, ENGIE's integrated performance is assessed based on a set of indicators that cover all Corporate Social Responsibility and sustainable development topics, according to various standards or certifications.
- CAC certification
- GRI table
- Global compact
- CSR labels