EQS-News: Amprion GmbH
/ Key word(s): ESG
Dortmund, Monday, 18 September 2023
Amprion again achieves excellent ESG rating by Sustainalytics
The transmission system operator Amprion has once again significantly improved its ESG rating compared to the previous year. The rating of the renowned agency Sustain-alytics is now 9.6. In the "Electric Utilities" sector, Amprion ranks second out of 276 companies worldwide. The scores achieved result in the best possible risk category of ‘negligible risk’, which is held by only five utilities in the world.
Amprion has again received an excellent ESG rating from the renowned rating agency Sustainalytics. The company has improved from 12.8 to now 9.6 points since April 2022. This is primarily due to a further significant increase in management performance in the area of sustainability compared to the previous year, as well as increased transparency in reporting in accordance with the Global Reporting Initiative (GRI) standard.
"The excellent ESG-rating from Sustainalytics is the result of excellent sustainability management as well as the overall business performance. We are particularly proud of the leading position in our sector "Electric Utilities" as well as the classification in the lowest risk category ‘negligible risk’, comments Peter Rüth, Chief Financial Officer of Amprion GmbH. "This rating is an important prerequisite for the long-term success of our green bonds in the capital market and to decisively supporting the grid expansion required for the energy transition," says Rüth.
ESG stands for "Environment", "Social" and "Governance". For the rating, Sustainalytics assesses the company's sustainability performance. The ESG rating also takes into account the positive effects of the upgrade, modernisation and expansion of the transmission grid and its infrastructure to accomodate renewable energy.
In addition to Sustainalytics, Amprion is also rated very good by the rating agency Sustainable Fitch in the area of sustainability with a rating of "2".
Further information on Amprion's sustainability strategy can be found on our website under the following link.
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T +49 231 5849-12925, M + 49 152 24510928
Amprion GmbH is one of four transmission system operators in Germany. Our 11,000-kilometre extra-high voltage grid transports electricity in an area from the North Sea to the Alps. A third of Germany's economic output is generated there. Our lines are the lifelines of society: they secure jobs and the quality of life of 29 million people. We keep the grid stable and safe - and pave the way for a climate-friendly energy system by expanding our grid. Around 2,300 employees in Dortmund and at more than 30 other locations help to keep the lights on. We also take on overarching tasks for the interconnected grids in Germany and Europe.
18.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
|Listed:||Luxembourg Stock Exchange (Euro MTF)|
|EQS News ID:||1728431|
|End of News||EQS News Service|
1728431 18.09.2023 CET/CEST