EQS-News: EVN AG: EVN strengthens its efforts in the interest of climate protection: successful SBTi validation of a 1.5°C goal in line with the Paris Climate Agreement

EQS-News: EVN AG / Key word(s): Sustainability/ESG
EVN AG: EVN strengthens its efforts in the interest of climate protection:
successful SBTi validation of a 1.5°C goal in line with the Paris Climate
Agreement

14.04.2025 / 09:15 CET/CEST
The issuer is solely responsible for the content of this announcement.

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In 2021, EVN announced its intention to expand the existing commitment to
climate protection by establishing concrete goals for the reduction of its
greenhouse gas emissions. Joining the Science Based Targets Initiative
(SBTi) was accompanied by EVN’s goal to contribute to limit global warming
to „well-below 2°C“.

This initiative was founded by four international organisations – the
Carbon Disclosure Project, UN Global Compact, World Resources Institute
and World Wide Fund for Nature (WWF) – and enables participating companies
to define scientifically based goals for the reduction of their greenhouse
gas emissions in accordance with the Greenhouse Gas Protocol.

“This step makes EVN’s greenhouse gas balance an integral part of the
corporate strategy. Our activities since 2021 include the expansion of our
renewable generation portfolio from a total capacity of roughly 750 MW to
currently over 940 MW and our complete exit from coal-fired electricity
generation. It is now time to go one step further“, summarised Stefan
Szyszkowitz, CEO, on the motivation of EVN AG.

Transition to the 1.5°C goal will naturally be accompanied by increased
measures throughout the Group: “Based on our greenhouse gas emissions in
the 2021/22 financial year, the current goals agreed with SBTi mean a
reduction of roughly 70% in the emissions covered by these goals by the
2030/31 financial year. This is a very ambitious course that we intend to
successfully complete with our joint efforts – above all, through the
continuous expansion of our renewable generation capacity, especially in
the areas of wind power and photovoltaics, as well as renewable heat
generation. We are proud to be one of 75 European companies in the energy
sector which have set a scientifically based and verified 1.5°C goal. We
want to, and will, contribute to reaching the Paris climate goals and see
this as a central part of our social responsibility“, added Stefan
Szyszkowitz.
 

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14.04.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com

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Language: English
Company: EVN AG
EVN Platz
2344 Maria Enzersdorf
Austria
Phone: +43-2236-200-12294
E-mail: info@evn.at
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2116732

 
End of News EQS News Service

2116732  14.04.2025 CET/CEST

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