TenneT Germany Earns MSCI ESG Rating of AA

TenneT GmbH & Co. KG, operating as TenneT Germany, achieved a provisional MSCI ESG rating of AA. This prestigious rating places the company among the leaders in the global Utilities sector.

The AA rating reflects TenneT Germany's effective management of critical environmental and social risks. Notable strengths include biodiversity, land use, and renewable energy opportunities. The company also scored well in corporate behavior.

Dr. Markus Binder, CFO of TenneT Germany, highlighted that the AA rating validates TenneT's sustainability initiatives and enhances their credibility in capital markets. This supports favorable financing for transmission grid expansion and modernization. The rating mandates further strengthening of governance and transparency in ESG performance.

MSCI ESG Ratings evaluate resilience to long-term ESG risks, with TenneT's scores indicating superior ESG performance compared to its global peers. The AA rating complements a previous ISS ESG rating, further establishing TenneT as a sector leader.