MVV Energie AG 2019 SR
The report outlines MVV's strategy to achieve climate neutrality by 2050, focusing on decarbonization, renewable energy expansion, and energy efficiency. In the 2019 financial year, the company achieved 63% of its electricity generation from renewable sources and connected 460 MW of new renewable capacity to the grid. Key highlights include the completion of a highly flexible gas-fired CHP plant in Kiel, which reduces CO2 emissions by 70% compared to the previous coal plant. MVV also reported net CO2 savings of 486,000 tonnes and invested Euro 310 million in the energy turnaround. The company continues to align its operations with the UN Global Compact and Sustainable Development Goals.
Company: MVV Energie AG
Sector: Energy utilities
Country: Germany
Year: 2019
Type: SR
Pages: 62
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MVV Energie AG
Sustainability Report
The report outlines MVV's strategy to achieve climate neutrality by 2050, focusing on decarbonization, renewable energy expansion, and energy efficiency. In the 2019 financial year, the company achieved 63% of its electricity generation from renewable sources and connected 460 MW of new renewable capacity to the grid. Key highlights include the completion of a highly flexible gas-fired CHP plant in Kiel, which reduces CO2 emissions by 70% compared to the previous coal plant. MVV also reported net CO2 savings of 486,000 tonnes and invested Euro 310 million in the energy turnaround. The company continues to align its operations with the UN Global Compact and Sustainable Development Goals.
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Document Details
Report Year
2019
Reporting Period
Oct 1, 2018 - Sep 30, 2019
Fiscal Year
2019
Published
Feb 25, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees