Creating and Distributing Value
Creating value is essential to the Group’s survival and sustainability in the long-term. Energisa’s financial performance is therefore one of the key topics for stakeholders and the Group.
Through a nationwide presence and its activities, Energisa intends to use its growth to drive progress to the benefit of as many people as possible whilst triggering positive change in the societies and geographies it operates in. Energisa is able to continually contribute to community development because it has instilled a process of local value creation in its business model. This process is systematic, professional and a major competitive edge.
This sustainable development strategy is aligned with the implementation of a company model focused on the sustainable creation of value for all stakeholders, providing a quality service through the responsible use of resources, with an eye to opportunities provided by the circular economy and committed to SDGs.
Energisa’s view of its responsibility towards sustainable development is founded on creating long-term value for our stakeholders. To achieve this, we have endeavored to meet expectations and strengthen mutual bonds of trust with our shareholders, employees, suppliers, the environment and society at large.
Energisa is determined to respect community rights and contribute to their economic and social progress. Having knowledge of specific local situations and listening to the needs of stakeholders is essential to identifying targeted solutions, given the multiple economic, social and cultural situations in the regions it operates in.
Openness, dialog and engagement are crucial to nurturing long-term, constructive and transparent relations with stakeholders. To this end, Energisa establishes dialog procedures within stakeholders at all levels of its organization.
The materiality assessment makes it possible to identify and assess material issues for stakeholders, weighted based on their materiality, correlating them with the Group’s priorities and strategy and considering the impacts on society and business. It enables the company’s strategic sustainability guidelines to be optimized and steers internal business management more efficiently, by clearly establishing action plans.
Construction process stakeholder engagement
In 2020 we initiated a materiality assessment to identify the topics of leading importance to our business model in view of the sector and external climate. In addition to the survey conducted via a benchmarking process, we consulted the company’s stakeholders by telephone and online. These answers submitted by this public – which includes investors, employees, suppliers, the government, trade associations and customers – will help Energisa consolidate its material issues.
The methodology used is being developed taking into account the guidelines of various international standards, including the Global Reporting Initiative (GRI), SASB (Sustainability Accounting Standards Board) and SDG Compass, which helps companies adapt their strategies to comply with the UN’s sustainable development goals (SDG).
Energisa Group is currently engaged in dialog with stakeholders in order to understand what they think is important for the assessment or taking decisions, focusing on factors that impact the potential creation of value in the mid to long-term.