EQS-News

ENCAVIS AG presents sustainability reports 2023

EQS-News: ENCAVIS AG / Key word(s): Sustainability/ESG ENCAVIS AG presents sustainability reports 2023 07.05.2024 / 15:19 CET/CEST The issuer is solely responsible for the content of this announcement. Corporate News

ENCAVIS presents sustainability reports 2023

Hamburg, 7^th May 2024 – The MDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) has published its sustainability reports today for the fourth year in a row. Among other topics, ENCAVIS reports on the validation of the climate targets by SBTi, the first-time examination of the remuneration structures and the successes in optimising operational performance.

The reports show ENCAVIS' sustainability path and describe how sustainable behaviour is integrated into the corporate culture and actively implemented. The Encavis sustainability strategy is based on and focuses on ten material topics such as the energy transition, biodiversity and social responsibility.

In addition to the Sustainability Report 2023, ENCAVIS today also published the ESG Report 2023, which provides specific facts and figures and gives a comprehensive insight into all performance indicators relevant to ENCAVIS in the areas of economy, social responsibility, environment and governance.

The milestones for 2023 include:

• Saving over 1.2 million tonnes of CO₂ annually through the operation of wind and solar
  power plants in Europe.
• Providing green electricity for the equivalent of over 2 million households.
• Confirmation of carbon footprint reduction targets through the independent Science Based Targets Initiative (SBTI).
• Reviewing gender equality in salaries.

"With these reports, we seamlessly continue the regular and transparent communication of our commitment and achievements in the field of economic, ecological, and social sustainability of recent years. The reports provide insights into sustainability topics relevant to ENCAVIS and reflect the status of achieving specific measures," explains Dr Christoph Husmann, Spokesman of the Management Board and CFO of Encavis AG.