Environmental and societal responsibility policy
ENGIE currently finds itself in a rapidly changing economic and societal environment, one in which different geographical regions of what is now a multipolar world are developing at different speeds. New energy solutions are expected to be developed rapidly: solutions which are more efficient, consume fewer resources, are more environmentally friendly, generate greater shared value and are more integrated into other services. This change in behavior has already begun, buoyed by consumers, companies and local authorities who favor the development of a circular economy.
With its new environmental and societal responsibility policy, ENGIE proposes solutions to overcome these challenges by ensuring more specifically to create shared value with all its stakeholders.
It is built on 3 orientations which are:
- Contributing to/Ensuring the development of energy solutions enabling the customers to reach their own sustainability objectives
- Contributing to/Ensuring the responsible business conduct
- Contributing to/Ensuring the development of responsible relationships with stakeholders in order to create shared value
A benchmark company
Through this policy, ENGIE leverages its strengths and businesses to consolidate its position as an international benchmark in sustainability. This ambition has led to a variety of actions designed to help its customers meet the new energy challenges of today and promote the Group’s environmental, social and governance commitments.
The ENGIE Sustainability policy is also reflected in the policies the Group has enacted in other areas.
The ambition of the ENGIE Human Resources strategy is to prepare the Group’s future by anticipating developments in a rapidly changing world, fostering initiative and innovation through projects of individual and collective interest, leveraging local involvement with a global perspective and promoting diversity and gender balance as key drivers of its corporate transformation project.
The ethics policy establishes the Group’s commitment to act in accordance with its values and in compliance with all laws and regulations wherever it operates. The policy has notably led to a governance and oversight system, an Ethics Charter, a set of Practice Guideline of Ethic, and an Integrity Frame of Reference on fraud and corruption prevention.
Health & Safety
The ENGIE Health & Safety policy outlines three major priorities: continue to limit workplace accidents, notably by preventing industrial risks; improve quality of life at work in order to prevent risks chemical risks, musculoskeletal disorders and psychosocial risks; and reinforce the importance of health and safety among all professionals. This policy is associated with an agreement signed with European social partners.
ENGIE contributes to the fight against climate change. This ambition is notably expressed in its environmental policy that underlines the importance of environmental protection and the fight against climate change in Group strategy. It also highlights the responsibility of every employee in these efforts.
Cooperation and dialogue with stakeholders
Due to the nature of its businesses, ENGIE plays an important role in local communities: supplying energy, water and services for energy and the environment. To ensure the continuity and social acceptance of its activities and promote its long-term development, the Group works through its sustainability policy to build relationships of confidence with all stakeholders by improving cooperation and dialogue.
The ENGIE purchasing and supply policy establishes its management principles for supplier relations. The policy serves to apply the Group’s ethics and social responsibility commitments to this area, notably in terms of diversity and disabilities. To this end, it outlines three priority goals: contribute to the operational performance of ENGIE provide a model for creating synergies within the Group; and act as an ambassador of Group values to suppliers, notably by encouraging them to join the UN Global Compact.
The Bettercoal initiative
ENGIE is a founding member of the Bettercoal initiative, which is a global not-for-profit initiative established by the largest European energy utilities. The aim is to improve corporate responsibility in the coal supply chain, with a specific focus on the mines themselves. The Bettercoal vision is a coal supply chain that protects the environment, respects the rights of people and contributes positively to the livelihoods of workers and communities. The mission of Bettercoal is to advance the continuous improvement of the ethical, social and environmental performance of coal mines by improving business practices through engagement with stakeholders and based on a shared set of globally recognized principles. Through our membership we have committed to implementing the Bettercoal tools and mission into our due diligence processes in our supply chain management. This way we are working on the continuous improvements of on the ground performance at mining level, through a dialogue with mining companies.
ENGIE purchases its hard coal directly from coal mining companies but also through screen trade on the spot market. This screen sourced coal cannot always be traced back to its origin because it may be blended and traded several times before delivery at the ultimate buyer. This means that we cannot know always exactly from which mining company and mine the coal we purchase originates.
ENGIE is a member of the Bettercoal initiative. Membership in Bettercoal will offer additional support in our efforts to raise the level of sustainability performance throughout the coal supply chain. For example, through Bettercoal we aim to have site assessments at coal mines conducted through an external audit company. ENGIE will get access to the results and use this is our due diligence process.