par CapitalStage AG (isin : DE0006095003)
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 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.
ENCAVIS' climate targets are part of the Group's integrated sustainability strategy, which focuses on twelve key topics within four sustainability dimensions (economic, environmental, social and governance). Details can be found in the Sustainability Report 2022:
Further information on SBTi can be found here:
| Organization Type | Sector | Target summary | |
| Small or Medium Enterprise | Electric Utilities, Independent Power Producers and Energy Traders (including fossil, alternative and nuclear energy) | Near term: 1.5°C by 2030 Long term: 1.5°C by 2040 Net zero: Committed by 2040 |
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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| Language: | English |
| Company: | ENCAVIS AG |
| Große Elbstraße 59 | |
| 22767 Hamburg | |
| Germany | |
| Phone: | +49 4037 85 62 -0 |
| Fax: | +49 4037 85 62 -129 |
| E-mail: | info@encavis.com |
| Internet: | https://www.encavis.com |
| ISIN: | DE0006095003 |
| WKN: | 609500 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1754323 |
| End of News | EQS News Service |
1754323 23.10.2023 CET/CEST