We actively contribute to the public debate on sustainable finance and engage in dialogue with leading sustainability rating agencies. Our sustainable financial instruments underpin our corporate strategy to develop into a sustainable and innovative infrastructure partner.
ESG ratings
EnBW is regularly rated in the areas of sustainability and finance by various rating agencies.
We liaise closely with leading sustainability rating agencies and incorporate their analyses and assessments of our corporate strategy, situation and prospects in our decision-making. We seek to continuously improve our ratings with recognized agencies in the field of sustainability. In this way, we aim to strengthen our positioning as a responsible and sustainable company and also appeal to financial investors whose investment decisions are wholly or partly based on sustainability criteria.
In 2020, we maintained or improved our scores within the energy industry on most major environmental, social and governance (ESG) sustainability ratings.
EnBW ESG ratings
¹ Sustainalytics modified the rating methodology in 2020. Until 2019, we were scored on the basis of the Sustainalytics ESG Rating, in which we achieved a score of 77 (scale 0-100), Outperformer status and a position among the top 14% of the Utilities industry worldwide in 2019. In 2020, the Sustainalytics ESG Rating was replaced by the ESG Risk Rating, in which we obtained a score of 32.3 (scale 0-100), a High Risk assessment, and a relative position in the top 24% of the Electric Utilities industry worldwide.
EnBW rating history
CDP
|
ISS ESG
|
MSCI
|
Sustainalytics²
|
---|---|---|---|
MSCI
AA (2020)
|
Sustainalytics²
32.8 (2020)²
|
||
CDP
B (2019)
|
ISS ESG
B- (2019)
|
MSCI
AA (2019)
|
Sustainalytics²
77 (2019)
|
CDP
B (2018)
|
ISS ESG
B- (2018)
|
MSCI
AA (2018)
|
Sustainalytics²
73 (2018)
|
CDP
A- (2017)
|
ISS ESG
B- (2017)
|
MSCI
AA (2017)
|
Sustainalytics²
68 (2017)
|
² Scores until 2019 based on the Sustainalytics ESG Rating methodology, which was replaced by the Sustainalytics Risk Rating in 2020.