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ANNUAL REPORT - HSE

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2.4 Strategic<br />

orientations of the<br />

<strong>HSE</strong> Group<br />

European energy policy<br />

With the adoption of the climate and energy package,<br />

the future European energy policy was given a formal<br />

legal framework at the end of 2008. To ensure sustainable<br />

future, the EU set itself the following binding<br />

goals for the period of up to 2020:<br />

• to decrease the envisaged energy consumption by 20%,<br />

• to increase the share of RES in total energy consumption<br />

to 20%,<br />

• to reduce greenhouse gas emissions by at least 20%,<br />

• to increase the share of biofuels to at least 10% of<br />

total motor fuel consumption.<br />

New energy production methods will decrease the<br />

EU's dependence on the imports of fossil fuels, but<br />

oil, natural gas and coal will probably remain an important<br />

part of the fuel mix for a few more decades.<br />

The EU supports this energy policy through additional<br />

investments, extensive research and development<br />

funding, and development and transfer of new technologies<br />

into general use.<br />

<strong>HSE</strong> Group’s orientations<br />

The <strong>HSE</strong> Group is facing a period in which adjusting to<br />

the European energy policy will be a priority strategic<br />

area of business.<br />

Its conduct of business will have to be adapted to the<br />

changed legislative framework, structural challenges<br />

and rapidly changing market conditions. The latter<br />

are mainly affected by changes in the markets of SE<br />

Europe, Slovenia’s and EU's increasing energy dependence<br />

on imports, and the calls for improved environmental<br />

responsibility.<br />

Ensuring the production of electricity from RES and<br />

lowering greenhouse emissions in the production of<br />

electricity from fossil fuels play an important role in<br />

meeting the requirements of a sustainable energy policy.<br />

Such orientation of the production capacities of the<br />

<strong>HSE</strong> Group has already been laid down in the development<br />

plan of the <strong>HSE</strong> Group for the period 2006-2015.<br />

The conditions brought about by the global financial and<br />

economic crisis require the <strong>HSE</strong> Group to reconsider its<br />

investments in the new production capacities in light of<br />

changed electricity prices and devote even more attention<br />

to obtaining sufficient funds for the implementation of<br />

<strong>HSE</strong> Group’s development projects. The basic guidelines<br />

for the future development are expected to be defined at<br />

the 6th Strategic Conference of the <strong>HSE</strong> Group in the first<br />

half of 2009, when the bases for supplementing the already<br />

adopted development plans will also be known.<br />

A balanced combination of production sources with<br />

emphasis on RES, use of domestic energy sources<br />

and integration of the European energy market laid<br />

down in the third energy legislation package represent<br />

a foundation for the future strategic orientation<br />

of <strong>HSE</strong>'s operations.<br />

In implementing its business policy, <strong>HSE</strong> will continue<br />

to strive for maintaining the leading position of the <strong>HSE</strong><br />

Group within the Slovene energy system, thus responsibly<br />

ensuring secure and reliable electricity supply in Slovenia.<br />

It will maintain the planned growth of the company's<br />

and group's operations to the extent and at the speed at<br />

which growth and development were pursued until now,<br />

and achieve operating results that will benefit all our key<br />

stakeholders: the owner, employees, business partners,<br />

and the community into which it is integrated.<br />

2.5 Quality<br />

management<br />

system policy<br />

The quality management system policy combines<br />

quality, environmental management and occupational<br />

health and safety. The management system manual<br />

complies with the standards ISO 9001:2000, ISO<br />

14001:2004 and OHSAS 18001:1999.<br />

The overall system is based on the following principles:<br />

• responsibility for the execution of specific tasks and<br />

the related clearly established authorisations,<br />

• responsibility for the achievement of objectives concerning<br />

quality, environmental management and occupational<br />

safety,<br />

• each individual, irrespective of their position, is<br />

responsible for the implementation of objectives<br />

concerning quality, environmental management,<br />

occupational safety and information security in accordance<br />

with their responsibilities and authorisations.<br />

<strong>ANNUAL</strong> <strong>REPORT</strong> <strong>HSE</strong> | BUSINESS <strong>REPORT</strong><br />

45

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