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ENVIRONMENTAL, SOCIAL & GOVERNANCE

ESG & Sustainability at STORAG ETZEL

Cavern construction and operation and nature are not mutually exclusive

ESG, i.e. Environment, Social and Governance, has characterized the daily efforts of STORAG ETZEL GmbH and its subsidiary, STORAG ETZEL Service GmbH, with regard to sustainability since the very beginning.

ESG at STORAG ETZEL at a glance

At this point, we would like to provide a compact overview of STORAG ETZEL's sustainable actions and behavior in daily practice.

Environment

The "E" at ESG: Environmental protection & management.

The cavern facility in Etzel is one of the cleanest and most environmentally friendly storage facilities, as it emits virtually no pollutants or noise pollution.

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Social

The "S" at ESG: Social corporate action

STORAG ETZEL has been rooted in the region since 1971, and thus for 50 years, and is expressly committed to maintaining and expanding good neighborly relations with the neighbors and residents of the Etzel cavern facility.

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Governance

The "G" at ESG: Good Corporate Governance

Years ago, STORAG ETZEL already made the "lived" good corporate governance a clearly visible part of its corporate values: Safety - Innovation - Responsibility - One Team.

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Our showcase project: Etzel cavern information center

Part of our corporate identity: Our understanding of transparency beyond ESG

The letters ESG are part of our name STORAG ETZEL and has been lived practice for us for years.

STORAG ETZEL GmbH has already laid the foundation for a citizen information center since 2010 with the establishment of a citizen telephone and an Internet portal. The information center gives the opportunity to get a picture of the plans and works on site. Interested parties can address questions and suggestions directly to contact persons on site. This makes it possible to provide objective and detailed information about our efforts and understanding on ESG issues.

The opening of our info box at the Etzel energy storage facility in the same year has expanded the cavern info center. Here you will find impressive exhibits, informative posters as well as films and animations on the history of the site and the technical aspects of cavern construction. The construction of the information center coincided with the planned expansion of the cavern facility in Etzel. 

Infobox has established itself in the region

STORAG ETZEL is pleased with the positive response to date since the Infobox premises opened. By the end of 2019, over 16,000 visitors had been welcomed to the Infobox - including many Friedeburg citizens, residents and visitors from the region. School classes have also already taken advantage of the offer. The info center in Etzel offered space for up to 35 people in pre-pandemic times. The cavern information center regularly participates in nationwide events such as the annual "Logistics Day" in April or the Lower Saxony "Future Day" for career orientation of young people. 

STORAG ETZEL: Making energy transition work.

Sustainable into the future is our mission statement! We value ESG to ensure sustainable and secure energy supply now and for future generations.

We live the values of innovation, safety & responsibility and therefore we also rely on renewable energy sources for the further development of our storage.

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