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Sustainable finance

With our sustainable financial instruments, we support sustainability-related financing activities as part of our corporate strategy.

We actively contribute to the public debate on sustainable finance and engage in dialogue with leading sustainability rating agencies. By issuing our sustainable finance instruments, we want to underpin our corporate strategy and combine economic success with environmental and social goals as an infrastructure company.

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.

EnBW ESG rating results

Please note that: The ESG ratings presented are compiled by independent rating providers based on their own methodologies, rating scales, data sources and thematic demarcations. The results are therefore not directly comparable. They do not represent a uniform certification of the sustainability of EnBW, its activities or its products.

ESG rating provider
EnBW ESG rating
Last Update
Additional information
ESG rating provider
MSCI
EnBW ESG rating
AA (Leader)
Last Update
27.07.2026
ESG rating provider
Sustainalytics
EnBW ESG rating
23.4 (Medium Risk)
Last Update
21.09.2026
ESG rating provider
ISS ESG
EnBW ESG rating
B (Prime Status)
Last Update
21.05.2026
Additional information

ESG rating provider
CDP
EnBW ESG rating
Climate change: A (Leadership)
Water security: B (Management)
Last Update
10.12.2025
Additional information

In addition, EnBW has credit ratings from Standard & Poor’s and Moody’s.
Credit ratings