Socially responsible investment policy
Input and correlations relevant to issue
As a large company, we can support social developments through investments, for example in a sustainable energy system. In making investments, we take these aspects into account and use criteria that stimulate social development.
Stakeholders expect a clear picture of the value that Alliander offers, and they want to see stable financial results. Sustainable value creation is an increasingly important aspect. As a large company, we can support social developments through investments, for example in a sustainable energy system.
Our long-term objective
Our objective is to remain a creditworthy company. We want to continuously outperform the sector in terms of costs and operational excellence. We want solid profits that are within the boundaries of what is permitted in the regulated domain. This is vital to implement our strategy and play a facilitating role in the energy transition. We maintain our solid A rating profile and have at least a B level for the ESG rating.
Contribution from Alliander
In 2020, we invested a total of €890 million in our networks. We issued a green bond worth €500, our third to date. In doing so, we created sustainable value for our stakeholders and retained our solid A rating. Our ISS ESG rating was set at B-plus, prime in 2020. In the interests of our providers of capital, we seek to strike the right balance between an adequate shareholder return and the protection of bond holders and other providers of debt capital, while preserving the flexibility to invest and grow.
Relationship with Alliander impact model: financial capital
A high rating has a favourable impact on our investment costs such as interest rates and facilitates our access to the capital market.
Link with strategy
Financeability, long-term regulatory focus