Introduction

With this report, we provide insight into the progress we have made in our sustainability pursuits, through which we, as an organisation, create long-term value for society. We set out how we take our responsibility in the domain of ESG (Environmental, Social and Governance). 

Access to energy for all, both today and in a sustainable future

For many years now, Alliander has been working to improve its reporting on sustainable activities. In the sustainability statement, we report in line with disclosure requirements under the EU’s Corporate Sustainability Reporting Directive (CSRD). The EU’s intention with the CSRD is to reconcile the ESG information of companies with their financial information. This will allow stakeholders to review activities of companies on an equal basis and better assess the extent to which they create sustainable financial and non-financial value.

For the Environmental, Social and Governance (ESG) dimensions, we present our responsible and sustainable business practices and how we define our social impact. Using a multi-stakeholder approach, we are inspired by the social impact we can have through our products and services, and by the way we operate in the world.

We embrace the CSRD as an opportunity to continue working with our stakeholders and our partners in the industry to advance sustainability in relation to the work we have to do and to amplify our knowledge and insights.

We embrace the CSRD as an opportunity to continue working with our stakeholders and our partners in the industry to advance sustainability.

The structure of the sustainability statement

The European Financial Reporting Advisory Group (EFRAG) has formulated standards for compliance with the CSRD, the European Sustainability Reporting Standards (ESRS). This Alliander sustainability statement for 2024 was prepared based on the ESRS as published by the European Commission on 31 July 2023.

General disclosures

The sustainability statement starts with general disclosures under the CSRD:

• Basic principles for the sustainability statement

• Governance and culture

• Strategy, business model and value chain

Double materiality assessment

In this sustainability statement, we have included the double materiality assessment (DMA) process that Alliander has initiated as per the general principles set out in ESRS 1. A double materiality assessment looks at the impact Alliander’s activities have on people and the planet, in a positive and/or negative sense, as well as at the financial impact these topics have on Alliander (risks and/or opportunities). For details of this process, see the following paragraphs:

• Double materiality assessment

• Impacts, risks and opportunities

ESRS topics

The double materiality assessment led to us selecting the following ESRS as being relevant to Alliander, and we will report on these in detail in the sustainability statement:

Environment

• E1 Climate change

• E5 Circular economy

Social

• S1 Own workforce

• S2 Workers in the value chain

• S4 Consumers and end-users

Governance 

• G1 Business conduct

See the reference table at the end of the sustainability statement for a list of topic references to the various CSRD disclosures.