PRESS RELEASE
from Amprion GmbH (isin : DE000A3JN9U5)
Amprion scores top marks in Sustainable Fitch ESG ratings
EQS-News: Amprion GmbH / Key word(s): Sustainability
Amprion scores top marks in Sustainable Fitch ESG ratings
03.07.2024 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Dortmund, Wednesday, 3 July 2024
Amprion scores top marks in Sustainable Fitch ESG ratings
Transmission system operator Amprion has once again received an outstanding ESG rating from renowned rating agency Sustainable Fitch.
Sustainable Fitch assigns ESG ratings on a scale from one to five, where ‘1’ represents full alignment with ESG best practices.
Amprion as an entity was once again scored at ‘2’. The increase in the ESG entity score from 70 to 76 confirms the continuous improvements and the positive contribution that Amprion makes to the environment and society.
The rating of ‘2’ for Amprion’s Green Finance Framework and its outstanding green bonds was also confirmed.
“The improvements in the Sustainable Fitch ratings are the result of joint efforts and the focus on implementing our successful sustainability strategy. The thoroughly positive assessment of our sustainability performance in all three categories, Entity, Green Finance Framework and our green bonds, is an important foundation stone for our long-term success on the capital market,” says Peter Rüth, Chief Financial Officer of Amprion.
In its ESG rating process, Sustainable Fitch assesses the sustainability performance of the entity, the Green Finance Framework and the outstanding green financial instruments separately. This provides investors with a point of reference when assessing risk.
In its assessment, Sustainable Fitch spotlights Amprion’s reporting in accordance with the international Global Reporting Initiative standards and the increased transparency it provides by publishing the Amprion Green Finance Investor Report on a regular basis. This enables stakeholders to clearly gauge the entity’s sustainability performance. Other important factors for the rating result include the detailed disclosure of greenhouse gas emissions, an appropriate risk management system and Amprion’s approach to human and labour rights, which is in line with market best practices.
In addition to Sustainable Fitch, rating agency Sustainalytics also rates Amprion on sustainability. At Sustainalytics, Amprion ranks among the top companies worldwide in the industry and the region. It currently has an ESG rating of 9.0. This puts Amprion in the best possible category, ‘negligible risk’.
You can find further information on Amprion’s sustainability strategy on our website at the following link.
At the following link, you can register for our Investor Relations e-mail distribution list.
If you have any questions, please contact:
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
E-mail: ir@amprion.net
Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our 11,000 kilometre-long extra-high voltage grid transports electricity in an area from the North Sea to the Alps. One third of Germany's economic output is generated there. Our lines are the lifelines of society: they secure jobs and quality of life for 29 million people. We keep the grid stable and secure - and are paving the way for a climate-neutral energy system by expanding our grid. More than 2,700 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 networks in Germany and Europe.
Amprion scores top marks in Sustainable Fitch ESG ratings
- Further improvements in the ESG rating confirm Amprion’s successful sustainability strategy
- ESG ratings of ‘2’ confirmed in all three categories, Entity, Instrument and Framework
- ESG entity score increased from 70 to 76
Transmission system operator Amprion has once again received an outstanding ESG rating from renowned rating agency Sustainable Fitch.
Sustainable Fitch assigns ESG ratings on a scale from one to five, where ‘1’ represents full alignment with ESG best practices.
Amprion as an entity was once again scored at ‘2’. The increase in the ESG entity score from 70 to 76 confirms the continuous improvements and the positive contribution that Amprion makes to the environment and society.
The rating of ‘2’ for Amprion’s Green Finance Framework and its outstanding green bonds was also confirmed.
“The improvements in the Sustainable Fitch ratings are the result of joint efforts and the focus on implementing our successful sustainability strategy. The thoroughly positive assessment of our sustainability performance in all three categories, Entity, Green Finance Framework and our green bonds, is an important foundation stone for our long-term success on the capital market,” says Peter Rüth, Chief Financial Officer of Amprion.
In its ESG rating process, Sustainable Fitch assesses the sustainability performance of the entity, the Green Finance Framework and the outstanding green financial instruments separately. This provides investors with a point of reference when assessing risk.
In its assessment, Sustainable Fitch spotlights Amprion’s reporting in accordance with the international Global Reporting Initiative standards and the increased transparency it provides by publishing the Amprion Green Finance Investor Report on a regular basis. This enables stakeholders to clearly gauge the entity’s sustainability performance. Other important factors for the rating result include the detailed disclosure of greenhouse gas emissions, an appropriate risk management system and Amprion’s approach to human and labour rights, which is in line with market best practices.
In addition to Sustainable Fitch, rating agency Sustainalytics also rates Amprion on sustainability. At Sustainalytics, Amprion ranks among the top companies worldwide in the industry and the region. It currently has an ESG rating of 9.0. This puts Amprion in the best possible category, ‘negligible risk’.
You can find further information on Amprion’s sustainability strategy on our website at the following link.
At the following link, you can register for our Investor Relations e-mail distribution list.
If you have any questions, please contact:
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
E-mail: ir@amprion.net
Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our 11,000 kilometre-long extra-high voltage grid transports electricity in an area from the North Sea to the Alps. One third of Germany's economic output is generated there. Our lines are the lifelines of society: they secure jobs and quality of life for 29 million people. We keep the grid stable and secure - and are paving the way for a climate-neutral energy system by expanding our grid. More than 2,700 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 networks in Germany and Europe.
03.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: | English |
Company: | Amprion GmbH |
Rober-Schumann-Straße 7 | |
44263 Dortmund | |
Germany | |
E-mail: | capitalmarkets@amprion.net |
Internet: | www.amprion.net |
ISIN: | DE000A3JN9U5 |
Listed: | Luxembourg Stock Exchange (Euro MTF) |
EQS News ID: | 1939015 |
End of News | EQS News Service |
1939015 03.07.2024 CET/CEST