• SUSTAINABLE DEVELOPMENT GOALS (SDG)

    Our contribution to SDG

    3 priority goals

    TAQA Morocco contributes to meeting the sustainable growth challenges expressed in the 17 goals for 2030. We make a major contribution to the following SDG:

  • MATERIALITY ASSESSMENT

    Our relevant issues

    Check our materiality matrix and our priority ESG issues. Our approach to relevance adheres to GRI Standards recommendations and the AA 1000 standard.

  • BUSINESS CONTINUITY PLAN

    How we have managed the Covid-19 health crisis

    The Covid-19 pandemic raises the stakes of the Business Continuity Plan. Three benchmarks were set: first, preparatory activities on 31 January, then specific measures when the WHO declared a pandemic on 11 March, and finally, additional measures when Morocco declared a healthcare state of emergency, on 20 March 2020.

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HOW DO WE CREATE ECONOMIC, SOCIAL AND ENVIRONMENTAL VALUE?

Economic model


Electricity production

Operation and maintenance of power plants by Taqa
>>
Purchase of available power by ONEE.

Human and intellectual capital

Input

484

Collaborators

19,459

Training hours

Output & Outcomes

Remuneration policy

Above the market median.

38.84

Annual training hours per employee

Financial capital

Input

2,358,854,200.00 MAD

Share capital

100

Nominal value

13.055 Billion DH

Fixed assets

Output & Outcomes

9.118 Billion DH

Revenue

1.054 Billion DH

Group Share of Net Profit

Industrial capital

Input

Predictive Maintenance System
Digitalization of Processes
Real-time Asset Monitoring and Diagnostic System

Output & Outcomes

Plant performance and expected values
Instant detection of anomalies and planning of maintenance
activities.
Adherence to 8-year maintenance cycle.

92%

Average availability

Natural capital

Input

Low NOx emission technology
Electrostatic filters as a low-emissions technology. Use and
Purchase of low-sulfur coal
Use and
Purchase of low-sulfur coal
Seawater desulfurization system, technology with low
emissions of SO2, dust and heavy metals

Output & Outcomes

13,400,000.00 tonnes

GHG emissions

71%

recycled materials used
Seawater sourced for cooling and returned to the sea in
compliance with environmental standards

Social and relational capital

Input

Compliance with the contractual framework with the government and ONEE
Good neighbor relationship with local communities
Relationship capital with media, analysts, suppliers…

Output & Outcomes

0

social or individual disputes,

2,000

indirect jobs
Renewal of the Contract between Taqa Morocco and the Moroccan government

OUR CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS (SDG)