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Income statement
Balance sheet
Cash flow statement
Statement of changes in equity
Notes
Independent Auditor's Report
Statutory financial statements
Income statement
Balance sheet
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Proposed appropriation of retained earnings
Statutory Auditor's Report
Corporate Governance
Sustainability Report
Sustainability at Swissgrid
Planet
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People new EN
Partnership
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Annual Report
Editorial
Year in review
Company
Mission
2027 Strategy
Financial Report
Management Report
Financial statements Swiss GAAP FER­
Income statement
Balance sheet
Cash flow statement
Statement of changes in equity
Notes
Independent Auditor's Report
Statutory financial statements
Income statement
Balance sheet
Cash flow statement
Notes
Proposed appropriation of retained earnings
Statutory Auditor's Report
Corporate Governance
Sustainability Report
Sustainability at Swissgrid
Planet
People
People new EN
Partnership
Notes
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Notes

This is the first time that Swissgrid has published an integrated Annual and Sustainability Report. The 2023 Sustainability Report was approved by the Board of Directors of Swissgrid Ltd on 19 March 2024 for publication on 16 April 2024, and was submitted to the General Assembly for acceptance on 15 May 2024.

Scope of reporting

The scope of reporting covers the period from January to December 2023 and comprises the business activities of Swissgrid Ltd. The activities of Pronovo AG were excluded from the financial and non-financial consolidation in accordance with Art. 64 Para. 5 of the Energy Act. The non-financial report was prepared in accordance with the obligations under Article 964 of the Swiss Code of Obligations (CO). This report provides an account of the material sustainability topics in accordance with the Swissgrid materiality analysis and Art. 964b of the CO. To ensure transparent reporting, Swissgrid refers to the standards of the Global Reporting Initiative and integrates the recommendations of the Task Force on Climate-related Financial Disclosures.

For the first time, Swissgrid is reporting relevant sustainability key figures over a period of several years to illustrate trends. Due to changes in data collection methods, the following key figures relating to the 2022 financial year have been restated: greenhouse gas emissions (including SF6 losses, electricity consumption of substations, district heating sites, upstream and downstream emissions from Scope 3 categories) and occupational accidents per 200,000 hours worked by Swissgrid employees. The key figures from 2022 were revised to ensure comparability and consistency of information. Swissgrid has tasked PricewaterhouseCoopers with conducting a limited assurance audit of selected key figures in accordance with Note «Limited Assurance» in order to ensure the reliability of the most important key figures in the areas of greenhouse gas emissions, energy consumption, occupational safety, employees and diversity.

Contact

Swissgrid Ltd
Bleichemattstrasse 31
P.O. Box
5001 Aarau
Switzerland

Tel. +41 58 580 21 11
E-mail info@swissgrid.ch

Media Tel. +41 58 580 31 00
E-mail media@swissgrid.ch

GRI Index

Application note: Swissgrid has reported the information specified in this GRI Index for the period from 1 January 2023 to 31 December 2023 with reference to the GRI standards.

GRI STANDARDSDisclosureREFERENCEEXPLANATIONS
GRI 1 usedFoundation 2021
GRI 2: General disclosures 20212-1 Organizational detailsCorporate Governance Report / Corporate structure and shareholders
Annual Report / Company / Establishment as the Swiss transmission system owner
2-2 Entities included in the organization’s sustainability reportingSustainability Report / Scope of non-financial reporting
2-3 Reporting period, frequency and contact pointSustainability Report / Scope of non-financial reportingThe period for financial and non-financial reporting is January – December. The report on non-financial matters is drawn up once a year and published in April.
2-4 Restatements of informationSustainability Report / Scope of non-financial reporting
2-5 External assuranceSustainability Report / Scope of non-financial reportingThe external auditors present their recommendations to the Board of Directors’ Finance and Audit Committee.
2-6 Activities, value chain and other business relationshipsAnnual Report / Company
Sustainability Report / Supply chain sustainability / Management approach / Swissgrid’s supplier portfolio
2-7 EmployeesPeople / Attracting, retaining and developing skilled workers / Swissgrid employeesAs the national grid company, Swissgrid only employs internal staff in Switzerland. This eliminates the need for a regional breakdown.
2-8 Workers who are not employeesPeople / Attracting, retaining and developing skilled workers / Swissgrid employeesAs the national grid company, Swissgrid only employs internal staff in Switzerland. This eliminates the need for a regional breakdown.
The number of external employees recorded (staff leasing and service providers as per the “Swissgrid employees” section) rose in 2023 in order to cope with additional tasks, particularly in connection with the higher project volume and ongoing digitalisation.
2-9 Governance structure and compositionCorporate Governance Report / Board of Directors / Members of the Board of Directors, Other activities and vested interests
Sustainability Report / Sustainability at Swissgrid / Responsibilities in relation to sustainability
People / Diversity and inclusion / Overview of diversity at Swissgrid
2-10 Nomination and selection of the highest governance bodyCorporate Governance Report / Board of Directors / Election and term of office
2-11 Chair of the highest governance bodyCorporate Governance Report / Board of Directors / Internal organisation
2-12 Role of the highest governance body in overseeing the management of impactsCorporate Governance Report / Board of Directors / Internal organisation
Corporate Governance Report / Board of Directors / Information and control instruments with regard to the Executive Board
Sustainability Report / Sustainability at Swissgrid / Responsibilities in relation to sustainability
2-13 Delegation of responsibility for managing impactsCorporate Governance Report / Board of Directors / Internal organisation
Corporate Governance Report / Board of Directors / Information and control instruments with regard to the Executive Board
Sustainability Report / Sustainability at Swissgrid / Responsibilities in relation to sustainability
2-14 Role of the highest governance body in sustainability reportingSustainability Report / Sustainability at Swissgrid / Responsibilities in relation to sustainability / The role of the Board of Directors in the area of sustainability
2-15 Conflicts of interestCorporate Governance Report / Board of Directors / Members of the Board of Directors, Other activities and vested interests
Corporate Governance Report / Board of Directors / Internal organisation
2-16 Communication of critical concernsSustainability Report / Sustainability at Swissgrid / Responsibilities in relation to sustainability
Sustainability Report / Partnership and anti-corruption / Compliance
Sustainability Report / Partnership and anti-corruption / Scope of application of the compliance management system / Violations in 2023
2-17 Collective knowledge of the highest governance bodyCorporate Governance Report / Board of Directors / Internal organisation
Sustainability Report / Sustainability at Swissgrid / Responsibilities in relation to sustainability / The role of the Board of Directors in the area of sustainability
2-18 Evaluation of the performance of the highest governance bodyCorporate Governance Report / Board of Directors / Internal organisation
2-19 Remuneration policiesCorporate Governance Report / Board of Directors / Remuneration
2-20 Process to determine remunerationCorporate Governance Report / Board of Directors / Remuneration
2-21 Annual total compensation ratioSustainability Report / People / Attracting, retaining and developing skilled workers / Measures to retain and develop talent
2-22 Statement on sustainable development strategySustainability Report / Sustainability at Swissgrid
2-23 Policy commitmentsSustainability Report / Sustainability at Swissgrid / Strategic foundations: sustainability goals and principles
Sustainability Report / Sustainability at Swissgrid / The role of the Board of Directors in the area of sustainability
Sustainability Report / Partnership / Compliance and anti-corruption / Prevention
Sustainability Report / Partnership / Supply chain sustainability / Code of Conduct for Suppliers
Sustainability Report / Partnership / Human rights
2-24 Embedding policy commitmentsSustainability Report / Sustainability at Swissgrid / Strategic foundations: sustainability goals and principles
Sustainability Report / Sustainability at Swissgrid / Responsibilities in relation to sustainability
Sustainability Report / Partnership / Compliance and anti-corruption
Sustainability Report / Partnership / Supply chain sustainability / Code of Conduct for Suppliers
Sustainability Report / Partnership / Human rights / Results of the risk analysis and mitigation measures
2-25 Processes to remediate negative impactsSustainability Report / Partnership / Compliance and anti-corruptionThe objectives and the procedure for eliminating negative impacts are described in detail for each material topic (e.g. climate protection, environmental protection, biodiversity and occupational safety) in the relevant sections. The references given are indicative and not exhaustive.
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Systematic inclusion of environmental protection in the approval of grid projects
Sustainability Report / People / Occupational health and safety / Vision and goals
Sustainability Report / Partnership / Stakeholder engagement and transparency / Measures / The approval process at a glance – involving and informing the authorities and the general public
2-26 Mechanisms for seeking advice and raising concernsSustainability Report / Partnership / Compliance and anti-corruption / Prevention
Sustainability Report / Partnership / Compliance and anti-corruption / Detection
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to environmental protection / Systematic inclusion of environmental protection in the approval of grid projects
Sustainability Report / Partnership / Stakeholder engagement and transparency / Measures / The approval process at a glance – involving and informing the authorities and the general public
Sustainability Report / People / Measures to strengthen the safety culture / Employee participation
2-27 Compliance with laws and regulationsSustainability Report / Partnership / Compliance / Violations in 2023
Sustainability Report / Partnership / Compliance / Overview of compliance key figures
2-28 Membership associationsSustainability Report / Partnership / Stakeholder engagement / Memberships
2-29 Approach to stakeholder engagementSustainability Report / Partnership / Stakeholder engagement
2-30 Collective bargaining agreementsSustainability Report / People / Attracting, retaining and developing skilled workers / Measures to retain and develop talent
Material topics
GRI 3: Material topics 20213-1 Process to determine material topicsSustainability at Swissgrid / Basis of the sustainability commitment: materiality analysis / Procedure for determining material topics
3-2 List of material topicsSustainability at Swissgrid / Basis of the sustainability commitment: materiality analysis / Swissgrid’s materiality matrix
Sustainability in general3-3 Management of material topicsSustainability at Swissgrid / Basis of the sustainability commitment: materiality analysis / Swissgrid’s materiality matrixA summary of the actual and potential negative and positive impacts on the economy, environment and people can be found in the form of a table in the «Swissgrid’s materiality matrix» section, including a reference to the fact that these impacts are understood to be the result of Swissgrid’s activities. Aspects of GRI 3-3 are discussed in detail in the individual sections on the material topics, including obligations, measures, effectiveness and stakeholder engagement. References to the relevant sections are also included in the table in the «Swissgrid’s materiality matrix» section.
Economy
GRI 201: Economic performance 2016201-1 Direct economic value generated and distributedFinancial Report / Management Report / Business performanceSince Swissgrid, as the national grid company, only operates in Switzerland, there is no need for a regional breakdown.
201-2 Financial implications and other risks and opportunities due to climate changeSustainability Report / Planet / Climate protection / Management approach / Opportunities and risks of climate change
201-3 Defined benefit plan obligations and other retirement plansSustainability Report / People / Management approach / Measures to retain and develop talentSwissgrid is affiliated with the PKE Vorsorgestiftung Energie pension fund. The defined benefit plan obligations and other retirement plans are not covered by Swissgrid’s general funds.
201-4 Financial assistance received from governmentSustainability Report / Partnership / Stakeholder engagement / Measures / Focus on authorities and politics in Switzerland
GRI 202: Market Presence 2016202-1 Ratios of standard entry level wage by gender compared to local minimum wageNot applicableSwissgrid employees are not subject to a statutory minimum wage. Similarly, over 90% of suppliers, including service providers with employees who work for Swissgrid, come from Switzerland and are therefore not subject to a statutory minimum wage. As part of the Sustainability Charter for Suppliers, the supplier confirms that its employees receive fair remuneration.
202-2 Proportion of senior management hired from the local communitySustainability Report / People / Diversity and inclusion / Management approach / Overview of diversity at SwissgridThe Executive Board consists of members from three areas of the country. As Swissgrid is a national grid company, no further distinction is made between regions. The proportion of local employees (Switzerland region) in senior management is 100%.
GRI 203: Indirect economic impacts 2016203-1 Infrastructure investments and services supportedAnnual Report / Mission / Relevant contribution to the energy transition
Annual Report / Mission / Security of supply
Annual Report / Mission / Grid transfer capacity
Sustainability Report / Partnership / Supply chain sustainability / Swissgrid’s supplier portfolio
203-2 Significant indirect economic impactsAnnual Report / Mission / Relevant contribution to the energy transition
Annual Report / Mission / Security of supply
Annual Report / Mission / Grid transfer capacity
GRI 204: Procurement Practices 2016204-1 Proportion of spending on local suppliersSustainability Report / Partnership / Supply chain sustainability / Management approach / Swissgrid’s supplier portfolioAs the national grid company, Swissgrid defines Switzerland as «local». According to Swissgrid’s supplier portfolio, over 91% of Swissgrid’s contract award volume is attributable to local suppliers headquartered in Switzerland.
GRI 205: Anti-corruption 2016205-1 Operations assessed for risks related to corruptionSustainability Report / Partnership / Anti-corruptionThe risk of corruption was assessed under the company-wide Enterprise Risk Management System and therefore covers all of Swissgrid’s business activities at its two main local operating sites (100%).
205-2 Communication and training about anti-corruption policies and proceduresSustainability Report / Partnership / Anti-corruption
Sustainability Report / Partnership / Supply chain sustainability / Management approach / Code of Conduct for Suppliers
205-3 Confirmed incidents of corruption and actions takenSustainability Report / Partnership / Anti-corruption
GRI 206: Anti-competitive Behaviour 2016206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practicesSustainability Report / Partnership / Compliance / Violations in 2023In the reporting period, there were no significant judgements against Swissgrid regarding anti-competitive behaviour, cartels or monopolies. An amount of CHF 25,000 was defined as the materiality threshold for reporting.
GRI 207: Tax 2019207-1 Approach to taxNot applicableSwissgrid operates exclusively in Switzerland, pays its taxes in Switzerland and complies with national tax legislation. Due to its regulated business model, a tax strategy is not applicable.
207-2 Tax governance, control, and risk managementNot materialDue to Swissgrid’s regulated business model and localised, long-term investments, its tax expenses can be calculated accurately and at an early stage. The tax risks are therefore minimal and Swissgrid does not carry out a detailed risk assessment.
207-3 Stakeholder engagement and management of concerns related to taxNot materialSwissgrid remains constantly in contact with national, cantonal and municipal tax authorities. Swissgrid is currently liable for tax in 22 cantons and around 850 municipalities.
207-4 Country-by-country reportingNot applicableSwissgrid Ltd is only liable for tax in Switzerland. Please refer to the Financial Report for detailed tax figures.
Ecology
GRI 301: Materials 2016301-1 Materials used by weight or volumeInformation is not yet systematically collected.The main material flows are caused by construction projects. Swissgrid does not yet have a centralised recording system for these material flows. A method for centralised recording and better estimation of the materials used is currently being developed.
301-2 Recycled input materials used
301-3 Reclaimed products and their packaging materials
GRI 302: Energy 2016302-1 Energy consumption within the organizationSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Energy and electricity consumptionSwissgrid does not sell energy. The company does not consume or sell steam.
Methodology for electricity consumption of substations: Swissgrid’s own requirements are determined on the basis of measured electricity consumption values, where available, supplemented by extrapolations based on the measured average values for the number of available fields, taking into account the technology used, i.e. air-insulated, gas-insulated or air- and gas-insulated substation.
Methodology for heat consumption: With the exception of the main site in Aarau, where measured values are available, heat consumption was determined by extrapolation based on the size of the buildings and the average heat requirements for office buildings in Switzerland, i.e. 82 kWh/m2 according to «Benchmarking cooling and heating energy demands considering climate change, population growth and cooling device uptake», Applied Energy Journal [2021], Volume 288.
Use of proxy values: As invoices with measured energy consumption values were not yet available for certain locations at the time of data collection (30 January 2024), proxy values based on measured values from the same months of the previous year or the previous month were used.
Conversion factors The following conversion factors were used to determine energy consumption:
• Petrol: 8.67 kWh/litre (EMPA energy density for Euro-5 standard petrol)
• Diesel: 9.79 kWh/litre (EMPA energy density for Euro-5 standard diesel)
302-2 Energy consumption outside of the organizationSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Energy and electricity consumptionConversion factors The following conversion factors were used to determine energy consumption:
• Petrol: 8.67 kWh/litre (EMPA energy density for Euro-5 standard petrol)
• Diesel: 9.79 kWh/litre (EMPA energy density for Euro-5 standard diesel)
• Electric vehicles: 20.9 kWh/100 km (0.209 kWh/km) (Swiss fleet average for battery-electric passenger cars according to mobitool 3.0)
• Rail journeys in Switzerland: 0.49 MJ/pkm (SBB emissions report for Swissgrid)
• International rail journeys: 1.09 MJ/pkm is used (SBB emissions report for Swissgrid)
• Kerosene: 0.0432 TJ/t (FOEN [2023]: CO2emission factors of the greenhouse gas inventory of Switzerland)
302-3 Energy intensitySustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Energy and electricity consumption
302-4 Reduction of energy consumptionSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Energy and electricity consumptionThe energy consumption values for 2022 serve as a reference for calculating the reduction in energy consumption, as relevant data of a comparable scope and methodology is available for 2022.
302-5 Reductions in energy requirements of products and servicesNot applicableSwissgrid does not produce or market any products or services directly to end consumers. Relevant energy consumption figures are already collected and reported as part of other GRI 302 standards.
GRI 303: Water and Effluents 2018303-1 Interactions with water as a shared resourceNot materialAccording to the Swissgrid materiality analysis, water consumption is assessed as not material/less material. Swissgrid is responsible for transporting electricity in the extra-high-voltage grid and not for electricity generation. Water is mainly used at Swissgrid locations, bases and substations for cleaning, or in the company restaurants. It comes from the normal drinking water supply.
303-2 Management of water discharge-related impacts
303-3 Water withdrawal
303-4 Water discharge
303-5 Water consumption
GRI 304: Biodiversity 2016304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areasSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Biodiversity management approach / Inventory of grid infrastructure in protected areas of national importance
304-2 Significant impacts of activities, products and services on biodiversitySustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to environmental protection
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Biodiversity management approach
304-3 Habitats protected or restoredSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Biodiversity management approach / Measures for the conservation of biodiversity
304-4 IUCN Red List species and national conservation list species with habitats in areas affected by operationsInformation not available/incompleteDecentralised data is available for the projects with an environmental impact report. Data is not compiled for existing systems and routes.
GRI 305: Emissions 2016305-1 Direct (Scope 1) GHG emissionsSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Swissgrid’s greenhouse gas footprintGases taken into account in the calculations: CO2, SF6. Swissgrid does not cause any biogenic emissions from the incineration or biodegradation of biomass.
Emission factors used for fuels: The emission factors used are based on FOEN [2023], CO2 emission factors of the greenhouse gas inventory of Switzerland, and include:
• For petrol: 2.32 t CO2e/m3 (2.32 kg CO2e/l)
• For diesel: 2.62 t CO2e/m3 (2.62 kg CO2e/l)
Revised values for 2022:
• CO2 emissions for SF6 according to the currently available GWP for SF6 (23,500) based on the IPCC values
• Diesel consumption for the emergency power system based on accurate available data
305-2 Energy indirect (Scope 2) GHG emissionsSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Swissgrid’s greenhouse gas footprintMethodology: Swissgrid uses the «location-based» approach to calculate Scope 2 emissions, as no detailed data is available on the electricity mix purchased to compensate for active power losses. For this reason, the average consumer mix in Switzerland is used, i.e. 128 kg CO2e/MWh according to the life cycle inventories of Swiss electricity mixes 2018 (treeze.ch, 2021)
Gases taken into account in the calculations: CO2, CH4, N2O, SF6.
Emission factors used: An emission factor of 172.5 g CO2e/kWh is used for district heating and cooling in accordance with the greenhouse gas emissions of the Swiss electricity and district heating mix according to the GHG Protocol (treeze.ch, 2017)
305-3 Other indirect (Scope 3) GHG emissionsSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Swissgrid’s greenhouse gas footprintGases taken into account in the calculations: CO2, CH4, N2O, FKW, PFKW, SF6, NF3. Swissgrid does not cause any indirect biogenic emissions from the incineration or biodegradation of biomass.
Emission factors used: the following emission factors were used for the calculations:
economy (291.8 g CO2e/pkm), business (391.4 g CO2e/pkm) according to life cycle emission factors from mobitool 3.0. In addition, the values for 2022 in this category were adjusted with the same emission factors.
• Business trips with private cars: 0.186 kg COe/pkm (Swiss fleet average) according to life cycle emission factor from mobitool 3.0
• Rail travel: a) in Switzerland: 0.007 kg CO2e/pkm (SBB average for regional & long-distance transport) according to life cycle emission factors from mobitool 3.0; and b) international: 0.033 kg CO2e/pkm (high-speed train in Germany) according to life cycle emission factors from mobitool 3.0
• Mobility utilisation: Emission factors for diesel, petrol and electric vehicles according to 305-1 and 305-2 (electricity consumer mix), plus an additional 1.5 kg CO2e/litre for petrol and 1.24 kg CO2e/litre for diesel to include upstream emissions according to Ecoinvent 3.9.1
• Upstream fuel emissions of the Swissgrid vehicle fleet: emission factors according to Ecoinvent 3.9.1
305-4 GHG emissions intensitySustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Swissgrid’s greenhouse gas footprintGases taken into account in the calculations: CO2, CH4, N2O, FKW, PFKW, SF6, NF3.
Sustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Emission reduction measures and effectiveness
305-5 Reduction of GHG emissionsSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint: approach, causes, measures and impact / Swissgrid’s greenhouse gas footprint
305-6 Emissions of ozone-depleting substances (ODS)Not material
305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissionsNot material
GRI 306: Waste 2020306-1 Waste generation and significant waste-related impactsSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to the circular economy and resource efficiencyData on waste includes the material flows generated by Swissgrid itself based on a three-year average. Waste generated upstream or downstream is not included.
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiency
306-2 Management of significant waste-related impactsSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiency
306-3 Waste generatedSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiencyData on waste includes the material flows generated by Swissgrid itself based on a three-year average. Waste generated upstream or downstream is not included.
306-4 Waste diverted from disposalSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiency
306-5 Waste directed to disposalSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiency
GRI 308: Supplier Environmental Assessment 2016308-1 New suppliers that were screened
using environmental criteria
Sustainability Report / Partnership / Supply chain sustainability / Management approach / Risk analysis and assessment
Sustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chain
308-2 Negative environmental impacts in the supply chain and actions takenSustainability Report / Partnership / Supply chain sustainability / Management approach / Risk analysis and assessment
Sustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chain
Sustainability Report / Planet / Environmental protection measures for grid projects / Table of key figures on environmental protection
Social issues
GRI 401: Employment 2016401-1 New employee hires and employee turnoverSustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures to attract talent
401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employeesSustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures to retain and develop talentNatural persons cannot hold shares in Swissgrid.
Sustainability Report / People / Diversity and inclusion / Management approach / MeasuresAs Swissgrid operates nationally, no regional distinctions are made.
401-3 Parental leaveSustainability Report / People / Diversity and inclusion / Management approach / Measures
GRI 402: Labor/Management Relations402-1 Minimum notice periods regarding operational changesSustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures to retain and develop talent
GRI 403: Occupational Health and Safety 2018403-1 Occupational health and safety management systemSustainability Report / People / Occupational health and safety / Management approach / The HSE management system
403-2 Hazard identification, risk
assessment, and incident investigation
Sustainability Report / People / Occupational health and safety / Management approach / Risks and hazards
Sustainability Report / People / Occupational health and safety / Management approach / Measures to strengthen the safety culture / Employee participation
403-3 Occupational health servicesSustainability Report / People / Occupational health and safety / Management approach / Measures for health protectionPersonal health data is classified as confidential at Swissgrid in accordance with internal directives and the Code of Conduct. The confidentiality of personal data is guaranteed by a restrictive data management system, provisions in internal directives and appropriate employee training, among other things.
Sustainability Report / People / Occupational health and safety / Management approach / Risks and hazards
403-4 Worker participation, consultation, and communication on occupational health and safetySustainability Report / People / Occupational health and safety / Management approach / Measures to strengthen the safety culture / Employee participationThe right of employees to have a say is effected through staff representation.
403-5 Worker training on occupational health and safetySustainability Report / People / Occupational health and safety / Management approach / Measures to strengthen the safety culture / Safety training
403-6 Promotion of worker healthSustainability Report / People / Occupational health and safety / Management approach / Measures for health protection
403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationshipsSustainability Report / People / Occupational health and safety / Management approach / Measures to strengthen the safety culture
403-8 Workers covered by an occupational health and safety management systemSustainability Report / People / Occupational health and safety / Management approach / The HSE management system
403-9 Work-related injuriesSustainability Report / People / Occupational health and safety / Management approach / Overview of key figures in the area of occupational health and safety
403-10 Work-related ill healthSustainability Report / People / Occupational health and safety / Management approach / Measures for health protection
Sustainability Report / People / Occupational health and safety / Management approach / Overview of key figures in the area of occupational health and safety
GRI 404: Training and Education404-1 Average hours of training per year
per employee
Sustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures for training and further education
404-2 Programs for upgrading employee
skills and transition assistance programs
Sustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures to retain and develop talent
Sustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures for training and further education
404-3 Percentage of employees receiving regular performance and career development reviewsSustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures to retain and develop talent
Sustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Measures for training and further education
GRI 405: Diversity and Equal Opportunity 2016405-1 Diversity of governance bodies and employeesSustainability Report / People / Attracting, retaining and developing skilled workers / Management approach / Swissgrid employeesSee additional diversity key figures at the end of the GRI Index.
405-2 Ratio of basic salary and remuneration of women to menSustainability Report / People / Diversity and inclusion / Management approach / Overview of diversity at SwissgridAs inequality of pay with a deviation rate of 3.5% is below the Swiss threshold of 5%, no distinction is made according to employee category. As Swissgrid is a national company and only operates in Switzerland, no regional breakdown is given.
Sustainability Report / People / Diversity and inclusion / Management approach / Measures
GRI 406: Non-discrimination 2015406-1 Incidents of discrimination and corrective actions takenSustainability Report / People / Diversity and inclusion / Management approach / MeasuresAs no incidents of discrimination were reported or are known in 2023, no cases were investigated or corresponding remedial measures implemented.
Sustainability Report / Partnership / Compliance / Violations in 2023
Sustainability Report / Partnership / Compliance / Overview of compliance key figures
GRI 407: Freedom of Association and Collective Bargaining 2016407-1 Operations and suppliers in which the right to freedom of association and collective bargaining may be at riskSustainability Report / People / Attracting, retaining and developing skilled workers / Measures to retain and develop talent
Sustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Result of the risk analysis and mitigation measures
Sustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Outcome and process for complaints
GRI 408: Child Labor 2016408-1 Operations and suppliers at significant risk for incidents of child laborSustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Result of the risk analysis and mitigation measures
GRI 409: Forced or Compulsory Labor409-1 Operations and suppliers at
significant risk for incidents of forced or compulsory labor
Sustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Result of the risk analysis and mitigation measuresAs part of its risk analysis with regard to compliance with human rights, Swissgrid examined the risks of forced labour and illegal employment at its own operating sites and Tier 1 suppliers, and did not identify any significant risks, as described in detail in the «Respect for human rights» section.
GRI 410: Security Practices 2016410-1 Security personnel trained in human rights policies or proceduresSustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Result of the risk analysis and mitigation measuresEvery member of the security personnel employed by Swissgrid is trained in ethical principles and human rights. The training of additional security personnel deployed for selected events and provided by a third-party company on demand is the responsibility of the service provider and is not carried out by Swissgrid.
GRI 411: Rights of Indigenous peoples 2016411-1 Incidents of violations involving rights of indigenous peoplesSustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Result of the risk analysis and mitigation measures
GRI 413: Local Communities 2016413-1 Operations with local community engagement, impact assessments, and development programsSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to environmental protection / Systematic inclusion of environmental protection in the approval of grid projectsImpacts on the population are analysed as part of the preparatory phases of grid projects, but with no distinctions by gender, as this is not considered material for grid projects in Switzerland.
Sustainability Report / Partnership / Stakeholder engagement and transparency / Stakeholder engagement / Management approach / Measures / The approval process at a glance – involving and informing the authorities and the general public
413-2 Operations with significant actual and potential negative impacts on local communitiesSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to environmental protection / Systematic inclusion of environmental protection in the approval of grid projects
GRI 414: Supplier Social Assessment 2016 414-1 New suppliers that were screened
using social criteria
Sustainability Report / Partnership / Supply chain sustainability / Management approach / Risk analysis and assessment
Sustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chain
Sustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Result of the risk analysis and mitigation measures
414-2 Negative social impacts in the supply chain and actions takenSustainability Report / Partnership / Supply chain sustainability / Management approach / Risk analysis and assessment
Sustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chain
Sustainability Report / Partnership / Human rights / Management approach and due diligence with regard to human rights / Result of the risk analysis and mitigation measures
GRI 415: Public Policy 2016415-1 Political contributionsSustainability Report / Partnership / Stakeholder engagement and transparency / Stakeholder engagement / Management approach / Measures / Focus on authorities and politics in Switzerland
GRI 416: Customer Health and Safety416-1 Assessment of the health and safety impacts of product and service categoriesSustainability Report / People / Occupational health and safety / Management approach / Risks and hazardsSwissgrid carries out risk and hazard assessments with regard to occupational safety for 100% of activities that are hazardous to health.
416-2 Incidents of non-compliance
concerning the health and safety impacts of products and services
Sustainability Report / Partnership / Compliance and anti-corruption / Scope of application of the compliance management system / Overview of compliance key figures
GRI 417: Marketing and Labelling 2016417-1 Requirements for product and service information and labelingNot material due to Swissgrid’s activities
417-2 Incidents of non-compliance concerning product and service information and labelingNot material due to Swissgrid’s activities
417-3 Incidents of non-compliance
concerning marketing communications
Not material due to Swissgrid’s activities
GRI 418: Customer Privacy 2016418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer dataSustainability Report / Partnership / Stakeholder engagement and transparency / Transparency

Index for non-financial reporting in accordance with the Swiss Code of Obligations (Art. 964)

ArticleRequirementsReferenceReference to GRI
Art. 964b para. 2.1.Description of the business modelAnnual Report / CompanyGRI 2-6
Environmental issues – climate protection
Art. 964b para. 1.CO2 targetsSustainability Report / Planet / Climate protection / Vision and goalsGRI 3-3
Art. 964b para. 2.2.Concepts and due diligenceSustainability Report / Planet / Climate protection / Management approachGRI 3-3, 305
Sustainability Report / Planet / Climate protection / Inclusion in strategic, financial and operational planning
Art. 964b para. 2.3.Measures taken and evaluation of the effectiveness of these measuresSustainability Report / Planet / Climate protection / Emission reduction measures and effectivenessGRI 2-25, 305-4
Art. 964b para. 2.4.Significant risks and management of these risksSustainability Report / Planet / Climate protection / Opportunities and risks of climate changeGRI 201-2
Art. 964b para. 2.5.Key performance indicatorsSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprintGRI 305-1, 305-2, 305-3, 305-4, 305-5
Environmental issues – environmental protection, biodiversity and circular economy
Art. 964b para. 2.2.Concepts and due diligenceSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Vision and goalsGRI 3-3, 304-2
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to environmental protection
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Biodiversity management approach
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to the circular economy and resource efficiency
Art. 964b para. 2.3.Measures taken and evaluation of the effectiveness of these measuresSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Environmental protection measures for grid projectsGRI 304-3, 306-2
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the conservation of biodiversity
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiency
Art. 964b para. 2.4.Significant risks and management of these risksSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Management approach to environmental protectionGRI 3-3, 304-2, 304-3
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Environmental protection measures for grid projects
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Biodiversity management approach
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the conservation of biodiversity
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiency
Art. 964b para. 2.5.Key performance indicatorsSustainability Report / Planet / Environmental protection, biodiversity and circular economy / Environmental protection measures for grid projects – table of key figures on environmental protectionGRI 304-1, 306-3, 306-4, 306-5
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Inventory of grid infrastructure in protected areas of national importance
Sustainability Report / Planet / Environmental protection, biodiversity and circular economy / Measures for the circular economy and resource efficiency – table of Swissgrid waste statistics
Social issues – stakeholder engagement and sustainable supply chain
Art. 964b para. 2.2.Concepts and due diligenceSustainability Report / Partnership / Supply chain sustainability / Vision and goalsGRI 2-23, 3-3
Sustainability Report / Partnership / Supply chain sustainability / Management approach
Sustainability Report / Partnership / Supply chain sustainability / Code of Conduct for Suppliers
Sustainability Report / Partnership / Stakeholder engagement / Vision and goals
Sustainability Report / Partnership / Stakeholder engagement / Management approach
Art. 964b para. 2.3.Measures taken and evaluation of the effectiveness of these measuresSustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chainGRI 413-1
Sustainability Report / Partnership / Stakeholder engagement / Measures
Sustainability Report / Partnership / Stakeholder engagement / Measures / The approval process at a glance – involving and informing the authorities and the general public
Art. 964b para. 2.4.Significant risks and management of these risksSustainability Report / Partnership / Supply chain sustainability / Risk analysis and assessmentGRI 3-3
Sustainability Report / Partnership / Stakeholder engagement / Management approach
Sustainability Report / Partnership / Stakeholder engagement / Focus on the Swiss public
Sustainability Report / Partnership / Stakeholder engagement / Focus on Europe
Art. 964b para. 2.5.Key performance indicatorsSustainability Report / Partnership / Supply chain sustainability / Management approach / Swissgrid’s supplier portfolioGRI 203-1, 204-1, 414-1, 414-2
Sustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chain – table on the application of sustainability criteria
Sustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chain – table on supplier inspections
Employee issues – occupational health and safety
Art. 964b para. 2.2.Concepts and due diligenceSustainability Report / People / Occupational health and safety / Vision and goalsGRI 3-3, 403-1
Sustainability Report / People / Occupational health and safety / Management approach
Art. 964b para. 2.3.Measures taken and evaluation of the effectiveness of these measuresSustainability Report / People / Occupational health and safety / Measures to strengthen the safety cultureGRI 403-3 to 403-10
Sustainability Report / People / Occupational health and safety / Measures for health protection
Sustainability Report / People / Occupational health and safety / Overview of key figures in the area of occupational health and safety
Art. 964b para. 2.4.Significant risks and management of these risksSustainability Report / People / Occupational health and safety / Risks and hazardsGRI 403-2
Art. 964b para. 2.5.Key performance indicatorsSustainability Report / People / Occupational health and safety / Overview of key figures in the area of occupational health and safetyGRI 403-9, 403-10
Employee issues – attracting, retaining and developing skilled workers as well as diversity and inclusion
Art. 964b para. 2.2.Concepts and due diligenceSustainability Report / People / Attracting, retaining and developing skilled workers / Vision and goalsGRI 2-23, 3-3,
Sustainability Report / People / Diversity and inclusion / Vision and goals
Sustainability Report / People / Attracting, retaining and developing skilled workers / Management approach
Sustainability Report / People / Diversity and inclusion / Management approach
Art. 964b para. 2.3.Measures taken and evaluation of the effectiveness of these measuresSustainability Report / People / Attracting, retaining and developing skilled workers / Measures to attract talentGRI 2-21, 2-30, 202-1, 203-1, 401-1, 401-2, 401-3, 404-2, 404-3, 405-2, 407-1, 501-2,
Sustainability Report / People / Attracting, retaining and developing skilled workers / Measures to retain and develop talent
Sustainability Report / People / Attracting, retaining and developing skilled workers / Measures for training and further education
Sustainability Report / People / Attracting, retaining and developing skilled workers / Measures to attract talent – table of new hires and fluctuations
Sustainability Report / People / Attracting, retaining and developing skilled workers / Measures to retain and develop talent – table of comparative key figures on remuneration
Sustainability Report / People / Attracting, retaining and developing skilled workers / Measures to retain and develop talent – employee satisfaction table
Sustainability Report / People / Diversity and inclusion / Measures
Art. 964b para. 2.4.Significant risks and management of these risksSustainability Report / People / Attracting, retaining and developing skilled workers / Management approachGRI 3-3
Sustainability Report / People / Diversity and inclusion / Management approach
Art. 964b para. 2.5.Key performance indicatorsSustainability Report / People / Attracting, retaining and developing skilled workers / Swissgrid employeesGRI 2-7, 2-8, 202-2, 405-1
Sustainability Report / People / Diversity and inclusion / Overview of diversity at Swissgrid
Sustainability Report / People / Diversity and inclusion / Measures – Key figures for parental leave table
Sustainability Report / People / Diversity and inclusion / Measures – Reports of cases of discrimination table
Respect for human rights
Art. 964b para. 2.2.Concepts and due diligenceSustainability Report / Partnership / Respect for human rights / Vision and goalsGRI 2-23, 3-3
Sustainability Report / Partnership / Respect for human rights / Management approach and due diligence with regard to human rights
Art. 964b para. 2.3.Measures taken and evaluation of the effectiveness of these measuresSustainability Report / Partnership / Respect for human rights / Results of the risk analysis and definition of measures406-1, 407-1, 410-1, 414-1
Sustainability Report / Partnership / Respect for human rights / Outcome and process for complains
Sustainability Report / Partnership / Supply chain sustainability / Measures for a sustainable supply chain
Art. 964b para. 2.4.Significant risks and management of these risksSustainability Report / Partnership / Respect for human rights / Results of the risk analysis and definition of measuresGRI 2-24, 3-3, 407-1, 408-1, 409-1, 410-1, 411-1, 414-1
Art. 964b para. 2.5.Key performance indicatorsSustainability Report / Partnership / Respect for human rights / Results of the risk analysis and definition of measuresGRI 414-1, 414-2
Sustainability Report / Partnership / Supply chain sustainability / Risk analysis and assessment
Combating corruption
Art. 964b para. 2.2.Concepts and due diligenceSustainability Report / Partnership / Compliance and anti-corruption / Anti-corruptionGRI 2-23, 2-24, 3-3
Sustainability Report / Partnership / Compliance and anti-corruption / Compliance
Art. 964b para. 2.3.Measures taken and evaluation of the effectiveness of these measuresSustainability Report / Partnership / Compliance and anti-corruption / Scope of application of the compliance management systemGRI 2-23, 2-26, 3-3
Sustainability Report / Partnership / Compliance and anti-corruption / Anti-corruption
Sustainability Report / Partnership / Compliance and anti-corruption / Overview of compliance key figures
Art. 964b para. 2.4.Significant risks and management of these risksSustainability Report / Partnership / Compliance and anti-corruption / Anti-corruptionGRI 205-1
Art. 964b para. 2.5.Key performance indicatorsSustainability Report / Partnership / Compliance and anti-corruption / Anti-corruptionGRI 205-2, 205-3
Sustainability Report / Partnership / Compliance and anti-corruption / Anti-corruption – Awareness and training on corruption table

 

Index for reporting in accordance with TCFD

TCFD core elementRequired informationReference
Governance  Disclose the organization’s governance around climate-related risks and opportunitiesa) Describe the board’s oversight of climate-related risks and opportunitiesSustainability Report / Planet / Climate protection / Management approach
Sustainability Report / Sustainability at Swissgrid / The role of the Board of Directors in the area of sustainability
b) Describe management’s role in assessing and managing risks and opportunitiesSustainability Report / Planet / Climate protection / Management approach
Sustainability Report / Sustainability at Swissgrid / The role of the Executive Board in the area of sustainability
Strategy Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is materiala) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long termSustainability Report / Planet / Climate protection / Opportunities and risks of climate change
b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planningSustainability Report / Planet / Climate protection / Overview of the risks of climate change for Swissgrid
Sustainability Report / Planet / Climate protection / Inclusion in strategic, financial and operational planning
c) Describe the resilience of the organisation’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenarioSustainability Report / Planet / Climate protection / Inclusion in strategic, financial and operational planning
Sustainability Report / Planet / Climate protection / Overview of the risks of climate change for Swissgrid
Note: see in particular Strategy 2027 – Energy Strategy 2050 as a driver, The grid infrastructure of the future – the Strategic Grid 2040 ,and the resilience measures listed in the «Overview of the risks of climate change for Swissgrid» table
Risk management  Disclose how the organization identifies, assesses, and manages climate-related risksa) Describe the organization’s processes for identifying and assessing climate-related risksSustainability Report / Planet / Climate protection / Management approach
Financial Report / Management Report / Risk assessment / Process
Sustainability Report / Planet / Climate protection / Overview of the risks of climate change for Swissgrid
Note: see also the footnote on the classification of risks and assessment of financial impact according to the «Overview of the risks of climate change for Swissgrid» table
b) Describe the organization’s processes for managing climate-related risksSustainability Report / Planet / Climate protection / Overview of the risks of climate change for Swissgrid
c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk managementSustainability Report / Planet / Climate protection / Management approach
Sustainability Report / Sustainability at Swissgrid / The role of the Board of Directors in the area of sustainability
Financial Report / Management Report / Risk assessment
Metrics and targets Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is materiala) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management processSustainability Report / Planet / Climate protection / Inclusion in strategic, financial and operational planning
Sustainability Report / Planet / Climate protection / Emission reduction measures and effectiveness
Note: see in particular Climate-relevant corporate objectives for 2023 – with an impact on variable remuneration; SF6 key figures for Swissgrid; Active power losses at Swissgrid; Consumption of electricity in MWh; Swissgrid energy key figures
b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risksSustainability Report / Planet / Climate protection / Swissgrid’s greenhouse gas footprint
Sustainability Report / Planet / Climate protection / Emission reduction measures and effectiveness
c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targetsSustainability Report / Planet / Climate protection / Vision and goals

 

Limited assurance

Swissgrid committee memberships

ENTSO-E Assembly (mandatory participation under the Articles of Incorporation): this body is one of the two governing bodies of the European Network of Transmission System Operators for Electricity (ENTSO-E). It represents the 40 members of ENTSO-E.

ENTSO-E Board: the Board is the second governing body of ENTSO-E. It consists of 12 elected members.

TSO-E ICTC: the ENTSO-E Information and Communication Technologies Committee meets the business needs of the association by ensuring the governance and oversight of the technical management, development and operation of the association’s ICT infrastructure, products, portfolio, standards, architecture and services.

ENTSO-E LRG: the ENTSO-E Legal and Regulatory Group is responsible for ensuring ENTSO-E’s compliance with laws and regulations.

JAO SH (mandatory participation under the Articles of Incorporation): the Joint Allocation Office is the leading service provider for transmission system operators on the European electricity market. Cross-border transfer capacity rights can be auctioned via a uniform trading platform. JAO also provides accounting (clearing and settlement), contracting, reporting, project support and IT services.

TSC/TSCNET committees (mandatory participation under the Articles of Incorporation): TSCNET Services, the regional security coordinator based in Munich, supports transmission system operators in keeping the world’s largest synchronous power grid stable. TSCNET Services is one of the leading regional security coordinators (RCC) in Europe. The company provides integrated services to electricity transmission system operators and their control centres to maintain the operational security of our electricity system – 24 hours a day, seven days a week.

ENTSO-E SOC: the ENTSO-E System Operations Committee is responsible for developing and maintaining a European operational framework.

ENTSO-E RG CE:
The Regional Group Continental Europe of ENTSO-E defines the framework for the regional activities of the transmission system operators of the continental European synchronous zone.

ENTSO-E RG CE CSO: the Coordinated System Operations subgroup of ENTSO-E RG CE is mainly concerned with existing regular operations according to the interconnection rules and aims to improve them and develop new processes specific to the RG CE.

ENTSO-E MC: the objective of the ENTSO-E Market Committee and the associated working groups and projects is to implement the third internal energy market package and the Clean Energy package, as they point the way to the development of a well-functioning European electricity market.

ENTSO-E SDC: the System Development Committee of ENTSO-E is responsible for the cooperation of transmission system operators in grid development and planning. Its main task is to coordinate the development of a secure, environmentally sound and economic transmission system with the aim of creating a robust European grid.

IBWT SC: the Italian Borders Working Table is the joint market coupling project for the allocation of cross-border transfer capacity between 12 European countries (Italy, Greece, France, Switzerland, Slovenia, Germany, Austria, Belgium, the Netherlands, Luxembourg, Denmark and Norway), in which the transmission system operators (ADMIE, APG, ELES, RTE, SWISSGRID and TERNA) and the power exchanges work together.

HGRT/EPEX SB (mandatory participation under the Articles of Incorporation): Swissgrid participates in the Holding des Gestionnaires de Réseau de Transport d’Electricité. The holding company is owned by European transmission system operators and combines their influence on the leading spot exchange for power in Central and Western Europe, EPEX SPOT, via a 49% stake. Swissgrid sits on the Boards of Directors of HGRT and EPEX SPOT.

Core SG: Core is an association of transmission system operators in Central and Eastern Europe, which represents a capacity calculation region with uniform rules. Core sets the direction and strategic planning for its core activities, and monitors and manages projects to implement EU ordinances.

VSE Board of Directors: the Association of Swiss Electricity Companies is the nationally and internationally recognised umbrella organisation of the Swiss electricity industry, founded in 1895. It has more than 400 members who operate along the entire value chain (electricity producers, distribution system operators, cross-connected companies) and produce more than 90% of Switzerland’s electricity. The VSE Board is made up of 13 representatives of eight interest groups and industry associations.

Operational Coordination Switzerland: close cooperation between all nationally involved players in the electricity sector is imperative for security of supply in Switzerland. The Operational Coordination Switzerland committee ensures coordination between the various players and the appropriate flow of information.

 

Other bodies:

Renewable Grid Initiative (RGI): RGI is an association of non-governmental organisations and transmission system operators from all over Europe who are committed to transparent and sustainable grid expansion. The aim is to promote the growth of renewable energies and to achieve complete decarbonisation in line with the Paris Agreement.

CIGRE: at an international level, CIGRE addresses matters relating to all grid levels, from extra-high voltage to decentralised, intelligent electricity systems. CIGRE’s main goal is to optimise existing grids and energy systems and to further develop them for the future. The focus is primarily on the areas of sector coupling, storage and controllable consumers (hydrogen, hydro/heat/gas storage, heat pumping technology and electromobility).