Engie - 2017 Integrated Report. Committed to the energy transition

ENGIE puts responsible growth at the heart of its businesses (electricity, natural gas and energy services) to rise to the major challenges of the energy transition in the direction of a low-carbon economy: access to sustainable energy, alleviating and adapting to climate change and the rational use of resources. The Group develops effective and innovative solutions for residential and business customers, cities and companies, drawing in particular on its expertise in four key sectors: renewable energies, energy efficiency, the gas chain and digital technologies. ENGIE has 153,090 employees worldwide and achieved revenues of Euro 66.6 billion in 2016. The ENGIE Integrated Report presents an overview of the Group, its strategy and its activities, with regard to the environment in which it operates and with a view to creating short, medium and long-term value through its objectives and its performance. Taking inspiration from the reference framework published by the International Integrated Reporting Council (IIRC), of which ENGIE is a member, this Report is part of a voluntary progress strategy for the Group in the long term and the development of 'integrated thinking'. An internal working group, chaired by the Corporate and Environmental Responsibility Department and bringing together several functional departments, was consulted throughout the process, in order to collate the information. The approach taken was for the Integrated Report to focus on ENGIE's strategy and to select the most pertinent information with regard to this strategy in terms of educational value, rather than exhaustiveness. This Report was presented to the Executive Committee meeting of April 18, 2017 and the Ethics, Environment and Sustainable Development Committee of the Board of Directors on April 25, 2017. The Report covers the year 2016 (from January 1, 2016 to December 31, 2016). It sets out the objectives for 2017 and includes medium and long-term projections, thereby offering a forward-looking vision of the Group in its environment. The 2017 Integrated Report is an update to the 2016 Integrated Report. ENGIE has identified very specific changes for the 2017 Report as well as long-term areas for improvement. It was therefore decided that the inclusion of content concerning its customers and its stakeholders should be increased and that the 'Performance' section should be expanded to demonstrate value creation and promote the links between the strategy, the Group's objectives and the United Nations Sustainable Development Goals (SDG).