Our business development is to be financed by retained cash flow and, if necessary, by external debt financing. Various financing instruments give EnBW flexible access to the debt capital markets.

Green Bonds

Green Financing @ EnBW

The Green Financing Framework is the basis for sustainable finance at EnBW. Based on the Framework, a second party opinion is obtained from ISS ESG or another suitable sustainability agency. The Green Bond issues are certified by the Climate Bonds Initiative (CBI).

In 2019, EnBW committed to reporting annually on the environmental contribution of its Green Bonds and to publish a separate EnBW Green Bond Impact Report alongside the Integrated Annual Report. For the detailed fund allocation, please see the Impact Report at www.enbw.com/impact-report/en.


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