EnBW is making a significant contribution to the transformation of Germany’s energy infrastructure. We are the only large integrated energy company in the country, and we cover the entire energy value chain – from power generation, transmission and trading, through to distribution and energy solutions for customers. Our goal is an energy system that is affordable, secure, and climate-friendly.
Explore EnBW’s essential ESG information structured by Environment, Social, and Governance topics.
Environment
Social
Governance
Performance: ESG Ratings
EnBW provides transparent ESG data to leading rating agencies, enabling independent ESG assessments by external third parties. These published ratings serve as a key reference point for our investors in evaluating EnBW's ESG-related company data.
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ESG Rating Provider
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EnBW ESG Rating
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Last Update
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Additional Information
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ESG Rating Provider
MSCI
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EnBW ESG Rating
AA (Leader)
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Last Update
27.07.2026
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ESG Rating Provider
Sustainalytics
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EnBW ESG Rating
21.8 (Medium Risk)
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Last Update
30.06.2026
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ESG Rating Provider
ISS ESG
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EnBW ESG Rating
B (Prime Status)
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Last Update
21.05.2026
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Additional Information
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ESG Rating Provider
CDP
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EnBW ESG Rating
Climate change: A (Leadership)
Water security: B (Management) |
Last Update
10.12.2025
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Additional Information
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Contribution: UN Sustainable Development Goals
EnBW’s corporate strategy aims at making a contribution to achieving national and international sustainability targets, above all the Paris climate protection targets and the UN Sustainable Development Goals (SDGs). As a participant of the UN Global Compact, we align our activities with its principles and contribute to advancing the SDGs. Our contribution focuses on four central SDGs.
Our activities also contribute to five further SDGs: Quality education (4), Gender equality (5), Clean water and sanitation (6), Decent work and economic growth (8), Responsible consumption and production (12).
Ambition: Net Zero
EnBW is committed to achieving net-zero greenhouse gas emissions within the company by 2040 and across the entire value chain by 2050 at the latest. Our goals are in line with the Paris Agreement and the 1.5°C pathway, as confirmed by the Science Based Targets Initiative and the rating agency Moody's. For full details, see our Implementation Plan. Key milestones on this path include:
- the continued expansion of renewable energy
- the phase-out of coal by the end of 2028
- major investments in electricity and gas grids, including hydrogen infrastructure