Steering the CSR policy and performance

Guided by its purpose to “act to accelerate the transition to a carbon-neutral economy”, ENGIE continues to implement its strategy to become the leader in the energy and climate transition. In February 2020, the Group defined objectives for 2030 in order to monitor its CSR performance as closely as possible. These objectives are fully in line with the 17 Sustainable Development Goals set by the United Nations for 2030.
 

Sommaire

• The CSR policy and strategy of the Group
  • ENGIE's CSR policy
  • Engie’s 2030 CSR objectives
  • ENGIE's double materiality Matrix
  • Engie’s Materiality matrix
  • Contribution to the United Nations Sustainable Development Goals (SDGs)
• Performance, CSR ratings and certifications
  • Non-financial ratings
  • Standards of CSR reporting

The CSR policy and strategy of the Group

ENGIE's CSR policy

ENGIE's Corporate Social Responsibility policy sets out the Group's CSR priorities and commitments, in order to bring together the skills of all, create shared value for all its stakeholders and contribute to the achievement of the Sustainable Development Goals defined by the United Nations.

By acting for a positive impact on people and the planet, the Group will be able to ensure its leadership as a key player in the energy transition and associated services beyond energy while meeting the constraints of a just transition in line with the Paris Agreement on climate change.

The CSR Department is supported by a network of Chief Sustainability Officers (CSOs) in the business units (GBUs, GEMS (Global Energy Management & Sales) and Nuclear) and geographical units (regional and country hubs).

Engie’s 2030 CSR objectives

The 2030 CSR objectives materialize the commitments and support the Group's CSR policy. The following tables show the Group's CSR objectives, for the Planet and People:

For more information please consult the 2024 Integrated Report or the 2023 Universal Registration Document.

ENGIE’s double materiality Matrix

With its double materiality analysis conducted between September 2023 and May 2024, ENGIE is now part of the dynamic driven by the European CSRD (Corporate Sustainability Reporting Directive) of 2023, which aims to harmonize the extra-financial reporting of companies headquartered within the European Union, as well as the reporting of their subsidiaries worldwide. 
This double materiality analysis makes it possible to identify the ESG topics on which ENGIE has a significant socio-environmental impact (positive or negative) and those with a major effect (risks or opportunities) on the Group's financial performance.
The analysis led to the selection of 17 material ESG issues, listed below and in correspondence with the CSRD's ESRS (European Sustainability Reporting Standards) thematic standards. 

Find out more about ENGIE’s double materiality matrix

Engie’s Materiality matrix

To conduct sustainable activities, ENGIE is committed to maintaining an active dialogue with its internal and external stakeholders. Materiality analysis is at the heart of ENGIE's strategic and CSR approach. Its purpose is to evaluate and prioritize issues based on stakeholder expectations and positive impact in economic, environmental and social terms.
The Group has renewed its materiality matrix in 2020, which has enabled it to identify the 20 priority issues in line with its vision.

Find out more about ENGIE's Materiality Matrix

Contribution to the United Nations Sustainable Development Goals (SDGs)

ENGIE has examined its contribution to the UN Agenda 2030, the Sustainable Development Goals and their respective targets.
In order to identify the SDGs to which ENGIE makes a key contribution, the Group has developed a strategy and studied the contribution of each of the priority issues of its materiality matrix to the various SDGs and their targets. 

The Group contributes to the SDGs at different levels:

• The Group's contribution to an SDG is considered as “key” when at least one fundamental, decisive ormajor issue of the Group contributes to the SDG and its associated targets and when this contribution is monitored thanks to an indicator and a Group objective.
• The Group's contribution to an SDG is considered as “significant” when at least one of the Group's material issues contributes to the SDG and this contribution is driven by a Group commitment.

Click here to see the detail of the contribution to the SDG for each priority issue

More details on ENGIE's contributions to the SDGs

• ENGIE makes a key contribution to 6 SDGs 
• ENGIE makes a significant contribution to 8 SDGs 
• ENGIE contributes to 3 SDGs

Performance, CSR ratings and certifications

Non-financial ratings

ENGIE sees sustainable development as contributing to the Group’s ability to create long-term value through the joint development of sustainable business and appropriate management of non-financial risks. Non-financial ratings agencies focus the majority of their audit on how companies manage these risks and possible controversies arising from it. Their CSR performance rating is not only a measure of external recognition, but also provides essential guidance for the process of improving how companies manage these CSR risks.

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Standards of CSR reporting

From the creation of its CSR reporting in 2000, ENGIE was inspired by the GRI (Global Reporting Initiative) standards to demonstrate the sustainability of its strategy. It updated  its CSR reporting with the entry into force of national, European or international regulations, constantly making sure to make this tool an operational management and communication tool for its challenges.but also provides essential guidance for the process of improving how companies manage these CSR risks.

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