CEO Markus Mitteregger is responsible for the Midstream and Field Operations departments, as well as for the technical Group functions.
Commercial Group functions, energy trading and the support functions for information security, risk assessment, internal audit, strategic safety management and HSE are overseen by CFO Michael Längle.
Key strategic decisions related to the company’s strategic focus on sustainability, and to the development of, approval of and updates to the company’s purpose, values and mission are taken by the Executive Board in consultation with senior executives, agreed with the Supervisory Board and recorded in the business plan. Annual strategy reviews are geared towards assessing whether measures aimed at achieving the strategic objectives set out in the business plan have had the desired results or whether the measures need to be adjusted. The Supervisory Board receives reports from the Audit Committee (which is a Supervisory Board committee) regarding compliance, the internal control system (ICS) and risk-related matters. The Supervisory Board also receives information on sustainability-related issues as appropriate in the course of its meetings, and approves the information where necessary.
Topics related to sustainability are also discussed at regular weekly meetings between the Executive Board and top-level executives. Reports on recent developments, sometimes involving relevant internal experts, are provided in the course of Executive Board meetings, and the Board takes decisions as required. The Energy and Emissions Manager regularly reports on the potential for reductions in energy consumption and emissions, and on the measures required to achieve them.
In our view, sustainability-related activities call for an integrative approach, so our various CSR task forces are made up of representatives from all the key areas of the company, including storage operations and energy facilities; health, safety and the environment; energy and emissions management; internal audit and strategic safety management; government agency and public authority liaison; purchasing; and human resource management. The aim is to systematically address the topic of sustainability in the company, in line with the changing legal situation, especially in view of future mandatory sustainability reporting requirements.
These sub-task forces are headed by experts who, due to their leadership function, are members of the coordination team. This team meets regularly to analyse CSR targets and initiatives in terms of their relevance, with the aim of achieving continuous improvements in the company’s sustainability performance. At meetings of the steering committee, the Executive Board receives updates from the CSR Officer (the Head of Corporate Communications) – who is also the CSR coordination team leader – on the progress made on CSR activities.
The number of CSR task forces rose from four in 2020 to six in 2022. The task forces are assigned sustainability focus areas on the basis of their respective expertise.
RAG. Corporate culture & compliance
Lead: Head of Internal Audit and Strategic Safety
Topics: Corporate governance, compliance, stakeholder engagement and sustainable procurement
RAG. Future strategy
Lead: Senior business planning analyst
Topics: Strategic focus on sustainability and sustainable energy solution
RAG. Safe facilities
Lead: Chief Information Security Officer
Topics: Safe and resilient facilities
RAG. Environment
Lead: Head of integrity management
Topics: Environmental protection, resources, energy and emissions
RAG. Working environment
Lead: Team lead HR operations
Topics: Working conditions, balancing work and individual needs, health & safety, diversity
RAG. Taxonomy & ESG Reporting
Lead: Head of finance and accounting
Topics: Legal framework with regard to sustainability