ENCAVIS AG: Science Based Targets initiative (SBTi) confirms climate targets of ENCAVIS
EQS-News: ENCAVIS AG/ Key word(s): Sustainability/ESG ENCAVIS AG: Science Based Targets initiative(SBTi) confirms climate targets of ENCAVIS 23.10.2023/ 08:14 CET/CEST The issuer is solely responsible for the content of this announcement. Corporate News Science Based Targets initiative confirms
Corporate News
Science Based Targets initiative confirms climate targets of ENCAVIS
Hamburg, 23 October 2023 – The independent Science Based Targets initiative (SBTi), following a thorough review, has officially confirmed that the climate targets of MDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, stock xchange symbol: ECV) are in line with SBTi’s pathway of limiting global warming to 1.5°C.
About ENCAVIS:
Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable Energies listed on the MDAX of Deutsche Börse AG. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates (onshore) wind farms and solar parks in twelve European countries. The plants for sustainable energy production generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA). The Encavis Group’s total generation capacity currently adds up to more than 3.5 gigawatts (GW), of which more than 2.1 GW belongs to the Encavis AG, which corresponds to a total saving of around 0.8 million tonnes of CO2 per year stand-alone for the Encavis AG.
Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors. Another Group member company is Stern Energy S.p.A., based in Parma, Italy, a specialist provider of technical services for the installation, operation, maintenance, revamping and repowering of photovoltaic systems across Europe.
Encavis is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG’s environmental, social and governance performance has been awarded by two of the world’s leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with their “A” level and ISS ESG with their “Prime” label.
Additional information can be found on www.encavis.com
Contact:
Encavis AG
Tanja Van den Wouwer
Head of Sustainability & Communications
E-Mail: tanja.van_den_wouwer@encavis.com
http://www.encavis.com
23.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
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