By consistently striving for even more efcientsolutions, we have continually reduced the cost ofenergy over the years. Communicate appreciatively and transparently, 4. In 2021, for the first time, the sustainability reporting was integrated into Nordea's Annual Report.. In Spain, we have the Young Talent Programin which university graduates join the Company ona specialized two-year program that rotates themthrough the different areas within the EngineeringGlobal Lead Function. at EUR 4,410.1 million, of which EUR 773.5 million, Longer-term borrowing mainly comprises a promis-, sory note and a corporate bond. As a manufacturer of innovative wind turbines that enable highly efficient, environmentally friendly electricity generation, sustainability is at the very core of our business model. This project will be further, developed next year and will be one of the main, focuses of the Upwind group, supported by the. We also present the process and ndings of the rst comprehensive, analysis of the Nordex Group's corporate carbon, footprint, which we carried out retroactively in the, reporting for 2019. We will use these researchndings to further optimize the operation of ourwind turbines. The disclosureson meeting the GRI indicators represent additionalinformation and are not part of the consolidatedNon-nancial Report. To date, the Nordex Group has installed, turbines with a combined nominal output of over, 32 GW across a total of more than 40 countries. As mentioned earlier, our common partsmodel also helps to reduce warehousing costsand to optimize material usage. The FFCELofcers are now qualied to conduct in-housewind turbine climbing and rescue training, so they are no longer dependent on foreign experts. This multifaceted cam-paign aims to attract new talent and ensure thatthis attraction spreads as widely as possible. As a common yardstick for good conduct, our Code, of Conduct describes our principles for legally, compliant and responsible behavior. It consists of three steps: place annually between January and March, our, employees receive specic feedback on their, performance over the preceding year. SG 1: No injury, or slight injury or health impact, SG 4: Fatal injury or extreme health impact. delivery of innovative, high-quality P&C systems, processes, and services. This development wasprimarily driven by the global travel restrictionsdue to the Covid-19 pandemic and the respectiveinternal guidelines and travel recommendationsand restrictions. The safety of, our employees, business partners, and the general. In order. lifting equipment, as well as work safety culture. As one of the world's largest wind turbine manufacturers, the Nordex Group offers high-yield, cost-efficient wind turbines that enable long-term and economical power generation from wind energy. This means that Nordex retains the 'Prime Status' awarded to companies that outperform the industry average in terms of. the form of the ten Nordex Leadership Principles,in which our managers are instructed in trainingcourses worldwide. As a result, the majority of the participants are now employed in the wind power industry. Refurbishment is a form of repowering where, some components such as the existing foundation. While Africa has great potential forrenewable energies, projects often fall through dueto nancial risks or lack of support in the projectpreparation phase. of this report. However, due to the Covid-19 pan-demic, the event had to be cancelled. Listen. For further information on our shareholder structure, please see the Annual Report. Therefore, the role of P&C was to offersupport, guidance, tips and tricks regarding the challenges that arose in the past year and theopportunities that lie ahead. Remuneration: Salary Grouping and Bonuses. We intend to further adjust and expand our internal, safety and security organization in line with our, growing business activities in 2021. All of the Company's global activities, products, and services are evaluated to determine. raw materials, especially timber and steel. In 2020, 37 people received the non-, GWO WTG Climbing and Rescue Training and 35 participated in the GWO Basic Safety Training. This underscores the rele-. An analysis of the Service area in the reporting year resulted in an overall satisfaction rate of 4.4. Our, overarching aim for the years to come is to further, improve the environmental footprint of our wind, Our Quality, Health, Safety, and Environment (QHSE) department is responsible for opera-tional environmental protection. As in the prior reporting period, in 2020 thescholarship program included 71 students, 20 ofwhom are now Nordex Group employees, and 60% of whom are women. ESG Ratings & sustainability info for Nordex AG | ESG Investing Corporate Social Responsibility (CSR) & Environment, Social, Governance (ESG) Metrics Nordex AG ESG Ranking Accept cookies to see this ranking ESG Ranking (%) Compared With 32,168 Companies ? We once again stepped up our application of theBlack and Grey Lists. This analysiscovers our production sites, wind farms underconstruction, wind farms under maintenance, and ofce sites. Thanks to the close, cooperation between our Service department and, Turbine Engineering department, we are setting, new standards in the servicing and maintenance, of our Delta4000 platform. Additional risks and challenges, The Covid-19 pandemic has been a major chal-. In our opinion, taking, into account the countermeasures, there were no material net risks to the Company's business per-, formance, position or nancial result that are would, very probably have a serious, negative impact on, Cross references to statements beyond the scope, of the Group Management Report and / or the Con-, solidated Financial Statements represent additional, information and are not part of the Non-nancial, Consolidated Financial Statements were identied, The Nordex Group develops, produces, sells, and. Where necessary, safety andsecurity measures were adapted to new local risk situations. With a training rate of 70% (2019: 80%) of managers in our core markets, we consider this a good achievement given the, Covid-19 situation. In the reporting year, we converted our utility supply contracts at another, site in Simes Filho, Brazil, thus increasing the share, of renewable energies here to 100%. The high priority given to sustainability in develop-ing and manufacturing our wind turbines is whywe regularly review our core processes and useof materials for areas of optimization potential. In 2019, we conducted a Life Cycle Assessment of a wind farm equipped with our new Delta4000 turbine. In this region, 30% (27% in 2019) of, total sourcing expenditures were on products and, services from German suppliers, while 8% (15%, in 2019) were with Spanish suppliers. training rate objective of 80% for new managers, both new hires and employees promoted within, the Company. Agreements or actions that inhibit free trade or restrict competition arenot permitted. The target group for this training thus grew considerably larger in 2020. participating in industry-specic initiatives. We also expanded our e-learning course on pre-venting bribery and corruption to include all indus-trial employees worldwide, and this new target group is now being trained for the rst time asdescribed above. Our employees' health and safety in the workplaceis of the greatest importance to us. As a wind turbine manufacturer, the Nordex Group, focuses on generating electricity from wind in an, efcient, environmentally-friendly way. Another goal of the network is to raise awareness of sustainability in the Company andto support and promote the implementation of our sustainability strategy. We therefore regu-, larly measure our performance against a range of, parameters to continually document and review the, effectiveness of the measures taken to improve, our safety culture. We further focus on operationalexcellence, becoming One Global Company, andremaining an attractive employer. com / en / company / memeberships-ini-tiatives. with our local communities as a corporate citizen is an integral aspect of our sustainability strategy. Just over eighteen months ago, a single Swedish female student went on strike and started a global movement that has made it clear once and for all that there is no alternative to the energy transition. In addition, an annual average of around, 1,026 jobs must be maintained permanently during. Itslargest shareholder is the listed Spanish companyAcciona S.A., which has been a strategic anchorinvestor since Nordex acquired Acciona Windpowerin 2016. Nominations for participation in the. We particularly focus on materialsat water hazard level 3, such as isolated topcoats in rotor blade production. We are actively meeting the challenges describedand see these as an incentive for optimizing ourwind power systems with increasingly effectiveand innovative technologies and ideas. Read more: https://lnkd.in/ejh4NDMu the form of an investment loan from the European, Investment Bank (EIB). Even beforeCovid-19, we attracted new employees and kept. Two approaches arebeing pursued to master the core challenges facingthis project: increasing electricity export to otherregions via an efcient energy infrastructure andinnovative grid technologies, and using as muchof the excess energy produced in the region as possible. set out in the Sustainability Strategy 2019 to 2021. If the analysis conrms that the. The survey also provided insights into individual, aspects of our performance. 6% for a xed period of four years. Based on the results, we aim to foster self-condenceand excitement about our company. The 2020 analysis of the entire value chain has not yet been nalized. In this Sustainability Report, we offer a detailed account of our economic, environmental and social activities. Where this is not restrictedby country-specic regulations, they may reportissues anonymously. As a manufacturer of wind turbines, we act in theinterests of our customers and the environment.We aim to continually reduce our environmentalfootprint by using resources prudently. Commission (IEC) with the aim of establishing an international standard. This analysis covers all production, ofce and service premises across the Group as well as, all relevant emissions categories that have been. For. We also expect our subcontractors and suppliers to act ethically, lawfully and with integrity, and tostrictly comply with the principles that were set outby the UN Global Compact and are described in ourCode of Conduct for subcontractors and suppliers. We aim to continually reduce our environmental, Nordex's success is based on a corporate cul-ture that focuses on the recruitment, retention and continued professional development of our, employees, and on their satisfaction, health, safety, At the heart of its Agenda 2030, the United Nations, General Assembly adopted 17 global Sustainable, Development Goals (SDGs) in 2015. In the reporting year, Nordex received EUR 91 thou-, sand in tax relief for 2018 in Germany under the. It also assists with operational implementation at our sites and in specic proj-, ects. By contrast, the electricity mix ofthe G20 countries currently produces 449g CO2e/kWh. In 2020, we introduced turbulence-optimized modes, a project-specic enhanced cooler to lower high temperature losses, and a. The increase inthe number of dialogs conducted was a result ofthe importance we gave to the process. Hamburg, 28 April 2017. This nancing instrument, also contains an ESG component and thus ts into. Our Service department will conduct another cus-tomer satisfaction survey in 2021 to better under-stand how we can make more positive changesacross the organization and nd new ways toimprove our customers' general satisfaction. The survey also provided insights into individualaspects of our performance. Alongside our company's economic objectives, we are committed to the principles of using global resources responsibly, protecting the climate and, ensuring people can enjoy prosperous and fullling, lives as set out in the United Nations 2030 Agenda, for Sustainable Development. Welcome to Issuus blog: home to product news, tips, resources, interviews (and more) related to content marketing and publishing. Despite, the challenges in 2020, we were able to carry out, many projects and strengthen our relationship with our customers. In the reportingyear, an initial analysis showed that 31% of ourtotal water consumption took place in areas withhigh or extremely high water stress. Managers and employees who are particularly, exposed to risks also complete two modules cov-, ering proper conduct in the event of inspections by, competition authorities and when being involved in, associations, especially participating in association, events. We kept, our colleagues continually informed while simul-, taneously analyzing and implementing changes, in line with the evolving situation. Listen.Lead.' The upgrade was, successfully implemented on several projects in, Germany and Turkey in 2020. Acciona S.A. currently holds an equity interest of 33.6% in Nordex SE. In the pre-vious year, we redened the target for 2021 to an LTIF below 4 per million working hours. In 2020, Nordex celebrated its eighth year ofinvolvement in South Africa. The implementation will, support our overarching goal of becoming One, Global Company. Organizations in each country establish occupa-, tional safety committees in accordance with locally, applicable laws. Over the next year we will continue to work on implementing our strategy. in the global share of distributed generation unitsand can be regarded as a current focus topic formany grid operators. To further professionalize our People & Culture work and offer employees standardized servicethroughout their time with the Nordex Group, we intend to further anchor, and optimize our People& Culture processes in the coming years, from hiring through to employee development. A holistic COE approach that inu-ences all areas of the value chain, by tackling mate-rial costs and process costs as well as improvingthe value created until the end of a product's life, is something I want to drive forward'. towards green electricity in the energy industry. Measured by gender distribution in the Company, there were no signicant differencesbetween the participation of women (2020: 17%, 2019: 15%) and men (2020: 83%, 2019: 85%). In the course ofthis project, we standardized various company processes. The denominator of this, indicator is based on an estimation of worked hours, of internal employees and subcontractors. In 2018, we prepared the Sustainability Strategy2019 to 2021 in order to develop sustainability asa strategic topic within the Group. We will continue this successful program to promote young talents in 2021, and will further develop it to meet the changing needs of theparticipants and the Company. In Spain, we have the Young Talent Program, in which university graduates join the Company on, a specialized two-year program that rotates them, through the different areas within the Engineering, Global Lead Function. Environmental impacts are assessed according to their environmental risk, which is determinedbased on the following criteria and their probabilityof occurrence: Stakeholder pressureWe use the analysis results as a basis for improv-ing our environmental protection measures. Given our extensive supplier base, we regularly review our supplier due diligence processes for optimization potential. and provide services to further foster the Nordex Group's target of One Global Company. In view of theCovid-19 pandemic, safety measures for projectexecution and foreign travel were reviewed andadjusted where necessary to reect a potentiallymore severe risk situation. The new global bonus policy states thatperformance is now measured worldwide basedon the same targets. Interrelations with the amounts shown in the Consolidated Financial Statements, No interrelations with the amounts shown in the. the coronavirus pandemic, as well as continuing, ramping up, and geographically diversifying pro-. Additionally, we, implement systems that constantly monitor and manage the turbines' operating status and the required safety parameters for each action and, Nordex develops wind turbines in accordance with, the requirements of the European Union Machin-. Furthermore, in the report we present the results of our comprehensive analysis of the entire Nordex Groups Corporate Carbon Footprint. We are in constant communication with our, employees, customers, suppliers, investors, local, communities, and other stakeholders to ensure, that we keep moving forward on this successful, Building on our Sustainability Strategy 2019 to, 2021, we plan to strengthen our stakeholder dialog. This requires well-planned emer-, gency escape and rescue routes, easily accessible, systems, an on-board crane for exchanging com-ponents with a weight of up to one ton, as well as, rapid and weather-protected access to the rotor, hub.