Organisation and topics
RWE has made a commitment to a new claim which reflects the self-image of the company, its role in the energy system and its role within society: Powering. Reliable. Future. We are well aware of our role in the community and of our responsibility towards customers and business partners, as well as shareholders and employees.
The Executive Board has adopted a portfolio distribution which gives specified members of the Executive Board responsibility for various topics. The Chairman of the Executive Board deals with the group-level responsibilities Group Communications & Public Affairs including the coordination of Corporate Responsibility.
The group-wide implementation and realisation of Corporate Responsibility is coordinated by the Political Affairs and Group Corporate Responsibility Department within Group Communications & Public Affairs in a close dialogue with the departments.
Key sustainability impacts from RWE AG result partly from the CO2 emissions in conventional power generation. In future, these emissions will be reduced continuously. Important factors driving this process include political regulations such as the transfer of older lignite-fired units to security standby, and potentially further shutdowns of older plants. Other aspects of sustainability impacts are the safe operation of our plants, decommissioning of nuclear power plants, and high-quality recultivation and reinstatement of opencast mines that have come to the end of their lifetime. The sustainability requirements in the supply chain are regularly another strong focus, particularly in the case of hard coal and biomass.
RWE AG will increasingly develop its own constructive role for implementation of the energy transition. We will make even more flexible use of our power plant portfolio and provide urgently needed backup capacities for further expansion of renewable energies.
The business model and alignment of RWE AG also present a range of diverse opportunities. We are confident that conventional power generation will continue to be the partner of the energy transition in Europe for many years to come. Our power plant portfolio places us in a good position to support this. We will also be able to develop new business areas with our know-how in generation and trading business.
Sustainability is the core of our business model. We require the acceptance of the community in order to be successful over the long term – starting with government, continuing through associations and employees, and including environmental and consumer organisations. With this end in mind, we are continuously engaging in discussion in the public domain and monitoring the positions of our stakeholders in relation to all issues of sustainability. This is carried out through focused communication with colleagues from the relevant specialist departments and the companies in the various countries where we operate. The key task is to integrate the fundamental concepts of Corporate Responsibility in all our business processes in a way that generates value added for the RWE Group.
The entrepreneurial actions of RWE are defined by integrity and compliance with the law. The RWE Code of Conduct sets out the targets and principles for this and forms the basis for the corporate culture. The code also establishes the benchmark for collaboration with contractual partners and is intended to give a unified foundation for the contractual relationship. Moreover we implemented a number of guidelines and policies regulating and shaping our relationship to our economic context, our environment and the society. Among these are for example our Social Charter and our Tax Policy. In the environmental field we enacted a Biodiversity Policy among others.