Verbund : GRI- and TCFD Content Index 2023

March 14, 2024 at 03:22 am EDT

GRI and TCFD Content Index 2023

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GRI-INDEX 2023

GRI Index 2023

GRI Standard	Disclosure	Page number(s)	Omission1
		and/or URL(s)	Part Omitted	Reason	Explanation
GRI 1: Foundation 2021
General Disclosures

GRI 2: General Disclosures 2021

The organization and its reporting practices

2-1 Organizational details		IAR 2023: VERBUND at a
		glance 16, Report on non-
		financial information 145

2-2 Entities included in the		IAR 2023: Information about
organization's sustainability		the integrated report 5, Report
reporting		on non-financial information
	144

2-3 Reporting period,		IAR 2023: Information about
frequency and contact point		the integrated report 5, Report
		on non-financial information
		144, Back cover
2-4 Restatements of		IAR 2023: Information about
information		the integrated report 5

2-5 External assurance		IAR 2023: Information about
		the integrated report 5, 7,
		Report on non-financial
		information 144

Activities and workers
2-6 Activities, value chain and		IAR 2023: Front cover,
other business relationships		VERBUND at a glance 16, Grid
		98, Green hydrogen 137,
		Report on non-financial
		information 144, Supply Chain
	225

2-7 Employees		IAR 2023: Human resources
	202, 203, 211
2-8 Workers who are not		IAR 2023: Human resources
employees		203, Occupational health and
		safety 215
Governance

2-9 Governance structure and composition

2-10 Nomination and selection of the highest governance body

2-11 Chair of the highest governance body

IAR 2023: Consolidated Corporate Governance Report 31, 33

DMA: Environmental management 35, Corporate responsibility management 76

IAR 2023: Consolidated Corporate Governance Report 33

DMA: Executive Board 9, Supervisory Board 9

IAR 2922: Consolidated Corporate Governance Report 33

GRI Standard	Disclosure	Page number(s)	Omission1
		and/or URL(s)	Part Omitted	Reason	Explanation
			DMA: Supervisory Board 9

GRI 2: General	2-12 Role of the highest
Disclosures	governance body in overseeing
2021	the management of impacts

	2-13 Delegation of
	responsibility for managing
	impacts

IAR 2023: Report of the Supervisory Board 12

DMA: Supervisory Board 9

DMA: General information on management approaches 5

2-14 Role of the highest		IAR 2023: Information about
governance body in		the integrated report 5
sustainability reporting

2-15 Conflicts of interest

2-16 Communication of critical concerns

IAR 2023: Consolidated Corporate Governance Report 31, 41, Shareholder structure and capital information 130

DMA: Stakeholder engagement 16, 18, Corporate responsibility management 79

2-17 Collective knowledge of the highest governance body

2-18 Evaluation of the performance of the highest governance body

2-19 Remuneration policies

IAR 2023: Consolidated Corporate Governance Report 41

IAR 2023: Consolidated Corporate Governance Report 37

Remuneration report of

VERBUND AG

2-20	Process to determine		Remuneration report of
remuneration		VERBUND AG

2-21	Annual total		Remuneration report of
compensation ratio		VERBUND AG

Strategy, policies and practices

2-22 Statement on sustainable development strategy

2-23 Policy commitments

IAR 2023: Report of the Executive Board 8

IAR 2023: Information about the integrated report 7, Opportunity and risk management 119, Materiality 149, Compliance 185, Human Rights 224, Supply Chain 225

2-24 Embedding policy commitments

2-25 Processes to remediate negative impacts

2-26 Mechanisms for seeking advice and raising concerns

2-27 Compliance with laws and regulations

IAR 2023: Materiality 151

DMA: General information on management approaches 5

IAR 2023: Compliance 186, 188

IAR 2023: Compliance 189, Environmental performance 198, 200

GRI-INDEX 2023

GRI Standard

Disclosure

Page number(s)

Omission1

and/or URL(s)

Part Omitted

Reason

Explanation

GRI 2: General

2-28 Membership associations

DMA: External memberships

Disclosures

and representation on boards

2021

and panels 22

Stakeholder engagement

2-29 Approach to stakeholder

IAR 2023: Hydro 83, Report on

engagement

non-financial information 146,

Stakeholder engagement and

social responsibility 182

DMA: Stakeholder

management 12

2-30 Collective bargaining

IAR 2023: Human resources

agreements

202

DMA: Labour management

relations 53

Material Topics

GRI 200 Economic Standard Series

GRI 3: Material

3-1 Process to determine

IAR 2023: Information about

topics 2021

material topics

the integrated report 5,

Materiality 145, 148

DMA: General information on

management approach 5

3-2 List of material topics

IAR 2023: Materiality 145,

146, 148

3-3 Management of material

IAR 2023: Grid 109, Internal

topics

control and risk management

system 128, Compliance 185,

Human rights 224, Supply

Chain 226, Independent Auditor's report 375

DMA: General information on management approach 6, Advocacy of interests 21, Secure supply of electricity in a liberalised market 28, Development and impact of infrastructure investments 33, Supply chain 34, Compliance management 63, Internal organisation 65, Opportunity and risk management 70

GRI Standard	Disclosure	Page number(s)	Omission1
			and/or URL(s)	Part Omitted	Reason	Explanation
GRI 201:		201-1 Direct economic value		IAR 2023: Notes
Economic		generated and distributed
Performance		201-2 Financial implications		IAR 2023: Opportunity and		Financial		Information		Data is expected

2016		and other risks and		risk management 125, 126		impliactions of		unavailable/		to be available in

		opportunities due to climate					the risk or		incomplete	2024
		change					opportunities of
							climate change

GRI 203: Indirect

Economic

Impacts 2016

GRI 204:

Procurement

Practices 2016

201-3 Defined benefit plan obligations and other retirement plans

201-4 Financial assistance received from government

203-1 Infrastructure investments and services supported

204-1 Proportion of spending on local suppliers

IAR 2023: Notes

€ 26,7 m

IAR 2023: Stakeholder engagement and social responsibility 184

DMA: Social responsibility 24, Development and impact of infrastructure investments 33

IAR 2023: Supply chain 226

GRI 205: Anti- 205-1 Operations assessed for corruption 2016 risks related to corruption

205-2 Communication and training about anti-corruption policies and procedures

205-3 Confirmed incidents of corruption and actions taken

GRI 206: Anti- 206-1 Legal actions for anti-

competitive competitive behavior, anti-

Behavior 2016 trust, and monopoly practices

IAR 2023: Compliance 186

IAR 2023: Compliance 186, 188

IAR 2023: Compliance 187, 188

IAR 2023: Compliance 189

GRI 300 Environmental Standards Series

GRI 3: Material	3-1	Process to determine		IAR 2023: Information about
topics 2021	material topics		the integrated report 5,
				Materiality 145, 152
				DMA: General information on
				management approach 5
	3-2	List of material topics		IAR 2023: Materiality 145,
			146, 148

GRI-INDEX 2023

GRI Standard	Disclosure	Page number(s)	Omission1
		and/or URL(s)	Part Omitted	Reason	Explanation
GRI 3: Material	3-3 Management of material	IAR 2023: Environmental
topics 2021	topics	performance 190, 193

GRI 301: Materials 2016

GRI 302: Energy 2016

GRI 303: Water and effluents 2018

301-1 Materials used by weight or volume

302-1 Energy consumption within the organization

302-3 Energy intensity

303-1 Interactions with water as a shared resource

303-2 Management of water discharge-related impacts

DMA: General information on management approach 5, 6, Supply chain 34, Environmental management 35, 36, Use of materials 37, Use of energy 37, Greenhouse gas emissions 38, Biodiversity 40, Waste management 46, 47, Plant and process safety 60

IAR 2023: Environmental performance 172

DMA: Use of materials 37

IAR 2023: Environmental performance 192

DMA: Use of energy 37

IAR 2023: Environmental performance 191, 192

DMA: Water and effluents 44, 45

DMA: Water and effluents 45, 46

Steam	Not applicable	No steam
consumption,		consumption,
steam sold		steam sold.

GRI 304: Biodiversity 2016

303-3 Water withdrawal

303-4EU-ADD Water withdrawal by source

303-4 Water discharge

303-5 Water consumption

304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

304-2EU-ADD Impacts on biodiversity along transmission lines

IAR 2023: Environmental	Withdrawal of	Not applicable	No withdrawal of
performance 198	seawater,		seawater,
DMA: Water and effluents 47	produced water,		produced water
	water >1,000		and
	mg/L Total		water >1,000
	Dissolved Solids		mg/L Total
			Dissolved Solids
IAR 2023: Environmental
performance 198

IAR 2023: Environmental
performance 198
DMA: Water and effluents 47

IAR 2023: Environmental
performance 198
IAR 2023: Hydro 82, New	Information on	Information	Admission
Renewables 88,	sites in Spain	unavailable/inco	planned for 2024
Environmental performance		mplete
197
DMA: Biodiversity 45

IAR 2023: Grid 104, 110
DMA: Biodiversity 43

GRI Standard	Disclosure	Page number(s)	Omission1
			and/or URL(s)	Part Omitted	Reason	Explanation
GRI 305:		305-1 Direct (Scope 1) GHG		IAR 2023: Environmental
Emissions 2016		emissions		performance 193, 194
				DMA: Greenhouse gas
				emissions 38

		305-2 Energy indirect (Scope 2)		IAR 2023: Environmental
		GHG emissions		performance 193, 195
				DMA: Greenhouse gas
				emissions 38
		305-3 Other indirect (Scope 3)		IAR 2023: Environmental
		GHG emissions		performance 193, 195
				DMA: Greenhouse gas
				emissions 38

		305-4 GHG emissions intensity		IAR 2023: Environmental
				performance 193, 194

305-5 Reduction of GHG emissions

DMA: Greenhouse gas emissions 38

IAR 2023: Environmental performace 193

	305-7 Nitrogen oxides (NOX),	IAR 2023: Environmental
	sulfur oxides (SOX), and other	performance 197
	significant air emissions	DMA: Airborne emissions 39

GRI 306: Waste	306-1 Waste generation and	DMA: Waste management 47
2020	significant waste-related
	impacts
	306-2 Management of	DMA: Waste management 47
	significant waste-related
	impacts

	306-3 Waste generated	IAR: Environmental
		performance 199
		DMA: Waste Management 47

	306 EU-ADD Thermal	IAR 2023: Environmental
	discharges and PCB waste	performance 199
GRI 308:	308-1 New suppliers that were	IAR 2023: Supply chain 226
Supplier	screened using environmental	DMA: Supply chain 34
Environmental	criteria
Assessment
2016

	308-2 Negative environmental	IAR 2023: Supply chain 226
	impacts in the supply chain
	and actions taken
GRI 400 Social Standards Series

GRI 3: Material	3-1 Process to determine	IAR 2023: Information about
topics 2021	material topics	the integrated report 5,
		Materiality 145, 151
		DMA: General information on
		management approach 5

GRI-INDEX 2023

GRI Standard	Disclosure	Page number(s)	Omission1
			and/or URL(s)	Part Omitted	Reason	Explanation
		3-2 List of material topics		IAR 2023: Materiality 145,
			146, 148

		3-3 Management of material		IAR 2023: Hydro 83,
		topics		Stakeholder engagement and
				social responsibility 182,
				Human resources 201, 202,
				Occupational health and
				safety 215, 218, 219
				DMA: General information on
				management approach 5, 6,
				Stakeholder management
				12,14, Advocacy of interests
				21, Supply chain 34,
				Commitment to society 24,
				Supply chain 34, Innovation
				and research 48, Employees
				49-53, Occupational health
				services 55, Occupational
				health and safety 56-60, Plant
				and process safety 60,
				Compliance management 63,
				Digital transformation,
				information security and data
				protection 67, 68
GRI 401:		401-1 New employee hires and		IAR 2023: Human resources		1. Breakdown of		Not applicable	1. Due to the
Employment		employee turnover	203			new employee			small amount of
2016							hires by age			new employees,
							group			a distinction is
							2. Breakdown for			not relevant.
							employee			2. Due to the low
							turnover by age			fluctuation rate
							and gender			(<5 %), a
										distinction is not
										relevant.

401-2 Benefits provided to full- time employees that are not provided to temporary or part- time employees

GRI 402: 402-1 Minimum notice periods Labor/Manage- regarding operational changes ment Relations

2016

IAR 2023: Human resources
202
DMA: Types of employment
and benefits offered 50

DMA: Labour management	Minimum notice	Not applicable	Unregulated
relations 54	periods		notice period.
			Cooperation via a
			quarterly
			dialogue with the
			workers council.

GRI 403:	403-1 Occupational health and	IAR 2023: Occupational health
Occupational	safety management system	and safety 220
Health and		DMA: Occupational health and
Safety 2018		safety 56, 58

GRI Standard	Disclosure	Page number(s)	Omission1
		and/or URL(s)	Part Omitted	Reason	Explanation

GRI 403:	403-2 Hazard identification, risk
Occupational	assessment, and incident
Health and	investigation
Safety 2018

	403-3 Occupational health
	services
	403-4 Worker participation,
	consultation, and
	communication on
	occupational health and safety

	403-5 Worker training on
	occupational health and safety

	403-6 Promotion of worker
	health

IAR 2023: Occupational health and safety 218

DMA: Occupational health and safety 58, 60

DMA: Occupational health and safety 55

IAR 2023: Occupational health and safety 220

DMA: Occupational health and safety 55, 58

IAR 2023: Occupational health and safety 219

DMA: Occupational health and safety 57

IAR 2023: Occupational health and safety 221

DMA: Occupational health and safety 55

403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

403-8 Workers covered by an occupational health and safety management system

DMA: Environmental management 36, Occupational health and safety 59, Plant and process safety 60

IAR 2023: Occupational health and safety 215, 220

DMA: Occupational health and safety 60

403-9Work-related injuries		IAR 2023: Occupational health
		and safety 216, 217, 218

GRI 404:

Training and

Education 2016

GRI 404:

Training and

Education 2016

GRI 405: Diversity and Equal Opportunity 2016

404-1 Average hours of training per year per employee

404-2 Programs for upgrading employee skills and transition assistance programs

404-3 Percentage of employees receiving regular performance and career development reviews

405-1 Diversity of governance bodies and employees

IAR 2023: Human resources 205

IAR: Human resources 205
DMA: Personnel development
51
IB 2019: Human resources	Breakdown by	Not applicable	Around 93% of
205	gender and		employees
	employee		receive regular
	category		appraisals.

IAR 2023: Consolidated
Corporate Governance Report
31, 42, 45, Human resources
211, 213, 214

GRI-INDEX 2023

GRI 405:	405-2 Ratio of basic salary and		IAR 2023: Human resources		Ratio of basic		Information		Detailed analysis
Diversity and	remuneration of women to	213		salary and		unavailable/inco		in progress
Equal	men				remuneration		mplete
Opportunity
2016

GRI 406: Non- discrimination 2016

GRI 412:

Human Rights Assessment

GRI 413: Local Communities 2016

406-1 Incidents of discrimination and corrective actions taken

412-2 Employee training on human rights policies or procedures

412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

413-1 Operations with local community engagement, impact assessments, and development programs

IAR 2023: Compliance 188

	Total number and	Information	Concept for
	percentage of	unavailable/inco	trainings being
	employees	mplete	developed
	trained
IAR 2023: Compliance 187	Total number of	Information	No clear data
	investment	unavailable/inco	delimitation
	agreements/contr	mplete	possible
	acts with human
	rights clauses

IAR 2023: Hydro 78, 83, New Renewables 88, Grid 101, 111, Stakeholder management and social responsibility 182

DMA: Stakeholder engagement 16

GRI 414:	414-1	New suppliers that were		IAR 2023: Human rights 225,		Percentage of		Information		Figures in
Supplier Social	screened using social criteria		Supply chain 226		suppliers		unavailable/inco		preparation
Assessment				DMA: Supply chain 34				mplete
2016

		414-2	Negative social impacts		IAR 2023: Supply chain 226		Number and		Information		Figures in
		in the supply chain and actions				percentage of		unavailable/inco		preparation
		taken					suppliers		mplete

GRI 415: Public	415-1	Political contributions		IAR 2023: Compliance 188
Policy 2016

GRI 416:	416-1 Assessment of the
Customer	health and safety impacts of
Health and	product and service categories
Safety 2016
416-2 Incidents of non-

		compliance concerning the
		health and safety impacts of
		products and services

DMA: Plant and process safety 60

IAR 2023: Compliance 189

GRI 417: 417-1 Requirements for

Marketing and product and service

Labelling 2016 information and labeling

417-2 Incidents of non- compliance concerning product and service information and labeling

417-3 Incidents of non- compliance concerning marketing communications

IAR 2023: Sales 94, 95

IAR 2023: Compliance 189

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Verbund AG published this content on 14 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2024 07:21:46 UTC.

Market Closed - Wiener Boerse Other stock markets 11:35:24 2024-04-26 am EDT			5-day change	1st Jan Change
69.85 ^EUR	-1.55%		-0.71%	-16.89%

Apr. 04	ERBUND AG acquired 10.15 MW wind farm in Burgenland, Austria.	CI
Mar. 29	VERBUND : Model update

ERBUND AG acquired 10.15 MW wind farm in Burgenland, Austria.	Apr. 03	CI
VERBUND : Model update	Mar. 29
Global markets live: Robinhood, Dollar General, KKR, Boeing, Oracle...	Mar. 14
VERBUND : FY23: After an exceptional year, the clouds loom over FY24	Mar. 14
Transcript : VERBUND AG, 2023 Earnings Call, Mar 14, 2024	Mar. 14
Verbund Posts Higher FY23 Attributable Profit, Revenue	Mar. 14	MT
VERBUND AG Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 13	CI
Verbund Board to Propose Special Dividend	Feb. 14	MT
VERBUND AG Proposes Regular Dividend for Financial Year 2023	Feb. 13	CI
VERBUND AG Proposes Special Dividend for Financial Year 2023	Feb. 13	CI
VERBUND : Target cut by -10.2%	Feb. 09
Renewables, after FY23 the bottom of the wave is certainly past	Feb. 05
VERBUND : EPS cut (2023: +0.0%, 2024: -8.3%)	Jan. 16
EU Green-lights Verbund, Burgenland Energie JV	Jan. 10	MT
VERBUND : 9M23: Strong earnings, FY23 guidance raised.	Nov. 03
VERBUND : EPS upgrade (2023: +2.8%, 2024: -0.4%)	Nov. 02
Transcript : VERBUND AG, Nine Months 2023 Earnings Call, Nov 02, 2023	Nov. 02
Austria's Verbund Logs Improved Q3 Profit, Revenue	Nov. 02	MT
Wind Power Package Overview	23-10-25
Austria's Verbund Buys 56-MW German Wind Portfolio	23-10-25	MT
VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc.	23-10-24	CI
VERBUND AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-23	CI
VERBUND : EPS cut (2023: -3.4%, 2024: +0.0%)	23-10-20
Verbund CEO says volatility is the 'new normal' on power and gas markets	23-10-12	RE
UTILITIES : Time for a come back?	23-10-11

	1st Jan change	Capi.
VERBUND AG	-16.89%	25.91B
NEXTERA ENERGY	+8.64%	136B
IBERDROLA, S.A.	-2.19%	77.98B
DUKE ENERGY CORPORATION	+0.69%	75.38B
ENEL S.P.A.	-8.92%	66.47B
CONSTELLATION ENERGY CORPORATION	+61.15%	59.36B
AMERICAN ELECTRIC POWER COMPANY, INC.	+4.97%	44.9B
DOMINION ENERGY, INC.	+7.34%	42.26B
GE VERNOVA INC.	0.00%	41.94B
EXELON CORPORATION	+3.96%	37.31B

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