The Management of MVM Energy Private Limited Company (MVM Ltd.) treats the quality-based approach as a requirement in all activity areas of the nationally owned energy group, recognises the importance of environmental protection, energy efficiency, sustainable development and information protection, and strives to apply them in its business relations as well. 

Accordingly, MVM Ltd., as the controlling company of the MVM Group, operates the Integrated Management System conforming to the ISO 9001:2015, the ISO 50001:2019, the ISO 14001:2015 and the ISO/IEC 27001:2014 standards in an integrated way, and ensures its continuous development.

Energy Management
The MVM Group is a highly successful National Energy Group on a growth path. Its operations cover the whole Hungarian energy sector. It is a future- and customer-oriented Group which is competitive regionally. The Group provides its partners with sustainable and secure energy supply and energy-related services, accompanied by continuous innovation.

The fundamental tasks of MVM Ltd. are to manage and control the companies of the MVM Group in order to achieve the above strategic goal.

The main objectives of MVM Ltd. include increasing energy efficiency, rationalising the use of natural resources and implementing efficient, high-quality operations by carrying out innovation-based developments, using cleaner technologies, and applying best international practice through the exploitation of existing synergies at both company and Group level to the maximum extent.

MVM Ltd. operates an efficient energy management system developed on the basis of Hungarian standard MSZ EN ISO 50001:2019 and forming an integral part of its decision-making system, which is coordinated with its strategy. As part of this, it undertakes to:

continuously improve its energy management performance and continuously develop its energy management system; 
provide all necessary information and resources for the efficient implementation of the set objectives, energy management targets and development ideas;
monitor and apply legal rules related to energy efficiency, energy utilisation and energy use as well as meet other organisational requirements; 
support the procurement of energy-efficient products and services and planning activities that take into account improvements in energy management performance; 
promote the introduction of new technologies and methods in order to increase energy efficiency which includes the use of alternative energy sources; 
aims to increase the share of renewable energy sources;
help strengthen the energy awareness of employees through the use of in-house training.

The management of MVM Ltd. is convinced that by implementing and continuously developing the Energy Policy and achieving the stated goals, the Company contributes to the improvement of energy efficiency and the increase of the Company’s economic efficiency.

Budapest, 28 March 2024
Tamás Károly Mátrai
MVM Ltd.

MVM Ltd. Environmental Policy
The core tasks of MVM Ltd. include strategic planning and the central management and supervision of the companies within the MVM Group. MVM Ltd. operates a certified environmental management system that forms an integral part of its efficient decision-making process, which is harmonised with its strategy.

The management of MVM Ltd. is convinced that by meeting the targets set out in its environmental policy, the company will contribute to reducing the impact on our environment while increasing the company's economic efficiency.

In order to comply with the above, MVM Ltd. commits to:

support the introduction and development of environmental management systems in the companies of the MVM Group;
meet the environmental requirements set out in national and EU legislation and strive to comply with environmental expectations for the future;
manage used and waste materials and equipment in the course of its activities, taking into account all environmental regulations;
strive to achieve energy efficiency, through the optimal use of resources, reducing and maintaining low environmental impact by introducing new technologies and methods, continuously optimising and improving existing ones, continuously phasing out obsolete ones, and continuously improving its environmental performance;
use the best available environmentally friendly technologies in its activities and investments, in compliance with environmental legislations, and seek to improve technologies that fall short of the required level by applying the Best Available Techniques (BATs);
exercise the utmost care in the remediation, reclamation and recovery of sites that have ceased normal operations;
promote the widespread use of environmentally friendly, carbon-neutral, alternative technologies and processes, the mitigation of environmental impact and replacement of high-carbon emitting technologies and the promotion of energy-efficient and environmentally conscious methods of energy use;
enhance the professional skills of its staff and their commitment to environmental protection and a sustainable economy through regular environmental centered communication and information exchange, training, programmes and opportunities to exchange experience;
liaise with regulatory and supervisory authorities, international and national environmental organisations and other stakeholders, emphasizing attention on the proper fulfilment of data and information reporting obligations;
support research and development activities related to its activities in support of the environment and a sustainable economy, taking into account the importance of cost-effectiveness;
in line with international expectations and in order to increase transparency, define and publish new trackable indicators of sustainability performance in the ESG framework;
regularly inform the public about its sustainability performance and impacts on environment through an Integrated ESG Report available on its website.

MVM Ltd. regularly reviews its compliance with its environmental policy, continuously strives for improvements based on the assessments, and makes its environmental policy available. 

Budapest, 28 March 2024

Károly Tamás Mátrai
MVM Ltd.

Quality Management
MVM Ltd. plays a significant role in the area of the domestic and regional energy sectors. We strive to achieve and maintain the satisfaction of our Company’s stakeholders and business partners with our high level of services.

In our areas of operation, we treat the quality of our activities as a priority; in order to continuously improve it, MVM Ltd. operates an efficient quality management system certified in accordance with the ISO 9001:2015 standard, which is coordinated with the Company’s strategy and forms an integral part of its decision-making system.

In line with our commitment to continuous development, we aim to:

  • maintain and continuously improve the certified quality management system complying with the ISO 9001:2015 standard;
  • operate the quality management system in accordance with both the Group and company regulations;
  • meet the objectives in line with the Business Plan of MVM Ltd.;
  • increase trust in and satisfaction with our Company.

The purpose of our certified quality management system is to implement and develop our activities in a regulated manner in such a way that the provisions and specifications set out in legislation, official documents, standards, contracts and the Company’s Business Rules are applied.
The Management of the Company requires that its employees and subcontractors adopt its quality policy objectives, support the achievement of its quality objectives and fully comply with the requirements of the quality management system.

Budapest, 21 May 2022

                                                                                                                                                                 Dr.  Gábor Czepek


                                                                                                                                                                          MVM Ltd.

MVM Ltd. Information Security Policy
The MVM Group is a regionally competitive, future- and customer-oriented group of companies, which provides its partners with responsible, sustainable and secure energy supply and energy services parallel to continuous innovations. As a competitive market player on a dynamic growth path, it plans to continue its growth in the Hungarian market by expanding the services provided by its member companies, while abroad through acquisitions and investments. MVM Group's expanding portfolio covers the entire Hungarian energy system and is able to supply all parts of the energy value chain, from generation through distribution and trading to customers. With its complementary services (e.g. IT, telecommunications, financial services, security services), it is ready to provide a one-stop service for increasingly complex consumer needs. 

MVM Ltd., in addition to its dominant economic role, places greater emphasis than ever on supporting research, development and innovation, and on expanding renewable energy resources. To achieve its goals and fully meet the needs of its partners, the company must also adapt to the demands of a constantly developing and ever-changing digital society. To achieve this, it is essential to keep pace with infocommunications trends, promote innovative solutions and develop enterprise mobility, bearing in mind the associated information security risks and the measures to address them.

In addition to the requirements of the present times, the MVM Group, due to its significant role in the energy market, is also affected by the changing level of terrorist threats, which does not only entail the tightening of physical defensive measures, but also requires the preparation for and proactive defence against attacks from cyberspace. The possibility of attacks against the energy sector, especially power plants, is a real threat, and according to professional studies, a cyber-attack against Hungary could potentially aim at disrupting the electricity supply. In the past few years, several power plants in Europe and the organisations operating them have experienced the consequences of such attacks, which means that information security, business continuity management and crisis management must be given increased attention within the MVM Group, too. 

Taking all this into consideration, MVM Ltd. has a high priority interest in the regular review of information security measures and the continuous improvement of controls, emphasizing that the information assets managed by the Group must be protected against external and internal threats in order to preserve the confidentiality, integrity and availability of data. The safety division of MVM Ltd. promotes the enforcement and effective implementation of these principles through group-wide regulations and planned, regular safety audits.

The top management of MVM Ltd. has set the following key objectives and requirements to achieve the targets set:
Maintaining up-to-date knowledge of, complying with and enforcing company legislation, regulations, the data protection law and international standards.
Developing, keeping up-to-date and continuously improving the information security policy and other regulatory documents related to the information security system, setting, meeting and back-testing strategic objectives. 
Monitoring of possible new risks and security solutions arising from technological innovations, continuous development and other sources, monitoring of trends, continuous supervision, evaluation and development of our own systems.
Ensuring the physical and logical protection of infrastructure and assets with state-of-the-art technical equipment and trained professionals.
Preparing for possible crisis events, operating and maintaining a business continuity management system.
Gathering experience from the 2020-21 crisis, reviewing and improving the emergency management system.
Taking measures to prevent threats and security incidents, developing action plans and procedures to deal with any incidents that may occur, also keeping in mind business continuity requirements.
Continuous training of staff and encouraging the employees to be security-aware, emphasising the importance of information security, raising awareness of possible risks and protection measures in order to develop security awareness.
Ensuring the achievement of the set information security objectives, compliance with relevant instructions and procedures through regular audits and continuous management support.
Due diligence on newly founded or acquired companies, with the aim of achieving an overall level of security.

The managers, employees and co-operating partners of MVM Ltd. are committed to the implementation of the objectives set out in the Information Security Policy, and contribute to the development and maintenance of a culture of information security by setting a personal example and assuming responsibility.

Budapest, 21 May 2022

                                                                                                                                                                 Dr.  Gábor Czepek


                                                                                                                                                                          MVM Ltd.