Our Responsibility
Report on Non-Financial Information of the Apator Group for 2021
TABLE OF CONTENTS
1. | Introduction | 03 |
2. | About Us | 04 |
2.1. Apator Group in 2021 | 05 | |
2.2. Business Profile and Model | 06 | |
2.3. Business Strategy | 08 | |
2.4. Management Standards | 12 | |
2.5. Our Stakeholders | 13 | |
3. | Our Responsibility | 15 |
3.1. CSR Strategy | 16 | |
3.2. Values at the Apator Group | 19 | |
4. | In Line with Ethics | 20 |
4.1. Code of Ethics of the Apator Group | 21 | |
4.2. Anti-Corruption Policy | 22 | |
4.3. Human Rights Policy | 24 | |
4.4. Anti-Corruption and Human Rights - Achievements and Challenges | 26 | |
4.5. Anti-Corruption and Human Rights - Indicators | 27 | |
5. | Friendly Workplace | 28 |
5.1. Relationships with Employees | 29 | |
5.2. Occupational Health and Safety | 35 | |
5.3. Achievements and Challenges | 37 | |
5.4. Indicators in the Abovementioned Areas | 38 | |
6. | Apator Group on the Market | 43 |
6.1. Customer Orientation | 44 | |
6.2. Solutions Supporting the "Green Deal" | 47 | |
6.3. Business Cooperation | 51 | |
6.4. Indicators in the Abovementioned Areas | 57 | |
6.5. Environmentally Sustainable Activity | 60 | |
(Compliance with the EU Taxonomy) | ||
7. | Solutions for the Environment | 63 |
7.1. Environmentally Friendly Processes | 64 | |
7.2. Achievements and Challenges | 65 | |
7.3. Environment - Indicators | 68 | |
8. | Apator for the Society | 72 |
8.1. Approach to the Management of Social Issues | 73 | |
8.2. Achievements and Challenges | 74 | |
8.3. Employee Issues - Indicators | 79 | |
9. | Non-Financial Risk Management | 80 |
9.1. Ethics - Risks | 81 | |
9.2. Employee Issues - Risks | 83 | |
9.3. Environment - Risks | 85 | |
9.4. Management of Social Issues - Risks | 85 | |
10. | About the Report | 87 |
GRI Index | 88 |
1. INTRODUCTION
Ladies and Gentlemen,
Dear Shareholders,Customers,Employees and Partners
of the Apator Group,
we have experienced an exceptionally difficult year marked by long-lasting pandemic, galloping inflation and looming recession. And when we began to reasonably hope that those threats would slowly disappear, the world was shocked by Russian invasion of Ukraine
- something which should never happen in Europe after World War II. We still do not know the full scale of economic consequences of this war, however all of us already experience its negative implications - not only in the economic sphere but also, most importantly, in human and social dimension - and we can expect that the economic consequences can be of a global nature.
When I took up the position of the President of the
Management Board of Apator SA in November last year, I declared that the Apator Group would continue to develop in the existing directions, and today, regardless of the conditions which have occurred since then, I
would like to uphold that declaration. The core of the Group's operation will be the organisation of business around three strong and completely equivalent business segments: Electricity, Water & Heat and Gas which have a common denominator - solutions for metering and settling all utilities. Having such a broad product range including electricity meters, gas meters, water meters and heat meters with systems reading and transmitting device data and software competences, the Apator Group is one of the few entities in the world with such a comprehensive offer in terms of metering of utilities. Although our expectations regarding financial results for 2021 were higher, I am convinced that in such difficult macroeconomic conditions the Group showed its flexibility and resistance to economic perturbations; it also did not abandon its plans and ambitions in terms of further development.
The "green" transformation of all energy sectors is favourable for Apator. As far as electricity is concerned, our solutions support customers in terms of security and stability of energy systems, reducing the sector's negative impact on the environment through further increase in RES share. The Gas segment faces new challenges related to the demand for new hydrogen and biogas metering technologies. The heat metering market shows an increasing tendency which results from obligatory heat metering in the EU but also from general and growing awareness of users in terms of energy and heat efficiency. There are numerous opportunities when it comes to the water metering segment which provides not only more and more precise solutions for the metering of water, which is perhaps
the most valuable resource in the 21st century, but also modern solutions and services: from remote reading through remote control systems and leak detection to water loss reduction. We want to actively protect our Green Planet.
As can be easily seen, all of our solutions support sustainable development and modern economy neutral for the environment. At the same time, we strive to ensure that the company's business success is related to the professional fulfilment, satisfaction and safety of our employees. We believe that the development of the Apator Group can be beneficial for all of its stakeholders: shareholders, business partners, local communities as well as the entire Polish and European economy. Therefore - despite numerous difficulties related to the macroeconomic and political context - we will be consistently meeting our goals, acting in accordance with the highest standards of corporate social responsibility.
Arkadiusz Chmielewski
President of the Management Board of Apator SA
Introduction
3
2. About Us
2.1. APATOR GROUP IN 2021
2.4
thousand
employees
60 markets across the
W O R L D
6 mln
delivered
water, heat, gas and electricity
METERS
12%
of the Group's
revenues came from the SALES of smart solutions
PLN
940.1 million
in REVENUE
22%
of sales
in the segment
of electricity meters came from smart equipment
PLN
90million worth
of INVESTMENTS
Us About
47%
of SALES are generated on
export markets
2.8 thousand suppliers and partners
25 years
on the Warsaw
Stock Exchange (WSE)
5
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Apator SA published this content on 18 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2022 09:23:07 UTC.