About this report


This Integrated Report 2016 is our first integrated report. It merges our financial and sustainability reports and shows how both our financial and non-financial value drivers contribute to the success of our company. In our Integrated Report 2016, we detail the strategic reorientation of our company, our vision, our business performance and our responsibility as a regional energy company. In doing so we hope to better meet the information requirements of our stakeholders.


The report is based on the recommendations of the International Integrated Reporting Council (IIRC). We report how we create value for our company, environment and society by the following resources: environment, plants and networks, know-how, employees, social aspects and relationships and finance. In doing so we tie in our previous sustainability reports. This report has been prepared in accordance with the international G4 Core Guidelines of the Global Reporting Initiative (GRI) and includes sector-specific information for energy and telecommunications.

The consolidated financial statements have been prepared in line with the International Financial Reporting Standards (IFRS).

The report has also been submitted for the GRI Materiality Disclosures Service and the GRI has confirmed the correctness of the position of the G4 Materiality Disclosures (G4-17 to G4-27).


Unless indicated otherwise, all disclosures and statistics in this report apply to the 2016 business year (1 January to 31 December 2016). The financial report encompasses the entire EWE Group, i.e. EWE AG including its subsidiaries and significant interests.
See PDF Integrated Report, page 74

The data in the non-financial report are based on the consolidated data of the key companies1), as defined by their strategic relevance and coverage of at least 95 per cent of the sales generated by the EWE Group.

The subjects most significant to us are presented in the materiality matrix on page 32 of this report. All significant aspects are listed in the GRI Content Index. The relevance of each key issue within or outside of EWE is specified in the GRI Content Index.
» G4-17, G4-19, G4-20, G4-21


Two versions of the Integrated Report 2016 have been published. Both can be downloaded at our Downloadcenter.

Hard copies of the condensed version are also available.


The consolidated financial statements have been audited by Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft pursuant to section 317 of the HGB with consideration for the auditing standards set out by the Institute of Public Auditors in Germany (IDW). No objections were raised during the audit. The non-financial statistics have not been subjected to an external review by an auditor.

1) These are as follows: BTC Business Technology Consulting AG, BTC IT Services GmbH, Bursagaz Bursa Şehiriçi Doğalgaz Dağıtım Ticaret ve Taahhüt A.Ş., EWE AG, EWE VERTRIEB GmbH, EWE energia Sp. z o.o., EWE ERNEUERBARE ENERGIEN GmbH, EWE GASSPEICHER GmbH, EWE NETZ GmbH, EWE Offshore Service & Solutions GmbH, EWE Polska Sp. z o.o., EWE TEL GmbH, EWE TRADING GmbH, EWE WASSER GmbH, Gastransport Nord GmbH, Kayserigaz Kayseri Doğalgaz Dağıtım Pazarlama ve Ticaret A.Ş., swb Abrechnungsservice GmbH, swb AG, swb Bremerhaven GmbH, swb CREA GmbH, swb Entsorgung GmbH & Co. KG, swb Erzeugung AG & Co. KG, swb Erzeugung und Entsorgung AG & Co. KG, swb Services AG & Co. KG, swb Vertrieb Bremen GmbH, swb Vertrieb Bremerhaven GmbH & Co. KG, wesernetz Bremen GmbH, wesernetz Bremerhaven GmbH.