We aim in all decisions and business activities to deliver on our responsibility in the three sustainability dimensions of environment, social and governance (ESG).
EnBW is aware of its shared responsibility for the environment. In our activities, we specifically take into account climate change mitigation, conserving biodiversity and using natural resources as carefully as possible.
In implementing the TCFD recommendations at governance level in recent years, we further integrated environmental and climate targets and indicators alongside social sustainability criteria into the Group-wide investment approval process. This work was based on a revision of the Group investment policy that already took place in 2018. From financial year 2021 onwards, a sustainability assessment is an integral part of and an additional relevant information element for approval by the EnBW Investment Committee.
Our goal of climate neutrality by 2035 will also guide future decisions in corporate governance in order to consistently establish our contribution to climate action throughout the Group.