ESG Factbook 2024
We published our ESG Factbook for the first time in spring 2024. In it, we summarize our key ESG governance structures, objectives, measures and key figures in 2023.
Award statuette German Sustainability Award 2023
German Sustainability Award for EnBW mobility+ and Netze BW
Double success: The EnBW subsidiaries EnBW mobility+ and Netze BW were awarded the German Sustainability Award 2024 (DNP) in Düsseldorf on 23 November. The award is one of the most prestigious of its kind in Europe. With the award, the jury recognized Netze BW GmbH for its sustainable and technical solutions "in the decentralization of energy generation and the ramp-up of electromobility". EnBW mobility+ was recognized "as a pioneer in the construction and operation of fast-charging infrastructure for electric cars and as a driver and enabler of the mobility transition".
A different future is possible. With clean and safe energy for all. With communities that stick together. And with a corporate culture that has society’s best interests at heart. This is why at EnBW, we have chosen the path of renewal – and together with society, politics, industry, and science, we are building the climate-neutral and equitable future of energy.
EnBW Sustainability Agenda
Our path of renewal
With the EnBW Sustainability Agenda, we are driving forward the environmentally, socially, and economically sustainable development of EnBW. At its core lies long-term security of supply in a decarbonized world. In addition, we are making our activities more and more environmentally and socially sustainable and integrating corporate responsibility into our business processes.
Focus area 1: Energy of Change
We build the energy infrastructure of the future with security of supply in mind.
Environment
- 70 percent renewable energies share of generation portfolio by 2030
- ESG data platform for efficient project implementation along the value chain
Renewable energies
- Implementation of the coal phase-out 2028
- Fuel switch to H₂
- Long-term net-zero target
CO₂ reduction
Positioning as a responsible supply partner and user of certified H₂ products
Hydrogen and decarbonized gases
Development of an interconnected energy service portfolio for climate protection at home and on the move
Customer solutions
- Grid reinforcement and modernization to integrate an increasing number of renewable energy systems and electric vehicles in the energy system
- Increase of the share of sustainable customer services to 40 percent by 2027
Grid expansion
Integration of the circular economy into projects incl.
- Value-stream monitoring
- Increase of recycling rates
Circular economy
Group policy and measures to increase biodiversity in projects
Biodiversity
Target refinement based on rating and regulatory requirements (pollutant emissions, water withdrawal, and waste water)
Pollutants and water
Focus area 2: Culture of Sustainability
We make corporate responsibility the benchmark for our actions.
Social
- Creation of an inclusive work environment
- Facilitation of employee well-being (consistently high people engagement index) and employability with ambitious KPIs
Diversity and education
Compliance with human rights due diligence obligations through
- Risk analyses
- Improvement measures in own activities, i. a. occupational safety along the supply chain
Human rights (esp. supply chain)
Intensification of local stakeholder dialog in EnBW projects through
- Group policy
- Specific communication concepts and measures
Stakeholder management in affected communities
Governance
- Significant optimization of ESG reporting
- Increase of sustainable finance share to >50 %
Reporting, rating, and sustainable finance
Sustainability as a central component of
- Business decisions
- Committee decisions
- Renumeration in top management
- Corporate culture
Corporate management
Increased resilience of EnBW’s business model through
- Systematic climate risk analyses for all projects and existing infrastructure
- Specific mitigation measures
Climate resilience
Sustainability management
The foundation of responsibility
Through our sustainability management, we integrate environmental, social, and governance aspects (ESG) in all of EnBW’s business areas. The corresponding standards, processes, and responsibilities constitute the organizational framework for our sustainability activities and initiatives such as the EnBW Sustainability Agenda.
Sustainability reporting
Making progress measurable
With our integrated reporting, we portray EnBW’s financial and non-financial development in its entirety. We measure our progress in sustainability management using quantitative indicators in the areas of environment, social affairs, and governance.
Sustainable finance
Our investment in the future
Financial instruments that contribute to the achievement of global sustainability goals are part of our aspiration to be a sustainable and innovative infrastructure partner. We rely on appropriate financing means such as green bonds and participate in their further development by engaging with the public and leading ESG rating agencies.
Corporate engagement
For a livable home
With donations in the millions and hundreds of sponsoring partnerships, environmental and social projects, we take action for our home state of Baden-Württemberg. We focus on the areas of mass sports, education and social affairs, the environment, and the visual and performing arts.