We issued our first green bond on the capital market in October 2018 and have since issued green bonds totalling €3.5 billion.
In accordance with our Green Financing Framework, the proceeds from all of our green bonds are exclusively used in the areas of renewable energies (onshore wind, offshore wind, solar/PV), electricity grids (electricity distribution grids), energy efficiency projects (smart meters) and clean transport (charging infrastructure for e-mobility). They play a key role in helping us to achieve our non-financial key performance indicators covering the “expansion of renewable energies,” “climate change mitigation” and “security of supply”.
For independent assessments of EnBW green bonds, we have obtained both a Second Party Opinion from ISS ESG and CBI certification for all of our green bonds.
Full information on our green bonds, Green Financing Framework, Green Bond Impact Report and more is available here.