Put companies on watchlist
ABO Energy GmbH & Co. KGaA
ISIN: DE0005760029
WKN: 576002
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

ABO Energy GmbH & Co. KGaA · ISIN: DE0005760029 · EQS - Company News (58 News)
Country: Germany · Primary market: Germany · EQS NID: 1975861
27 August 2024 09:43AM

ABO Energy's Sustainability performance rated as 'very good'


EQS-News: ABO Energy GmbH & Co. KGaA / Key word(s): Sustainability/Sustainability
ABO Energy's Sustainability performance rated as 'very good'

27.08.2024 / 09:43 CET/CEST
The issuer is solely responsible for the content of this announcement.


ABO Energy's sustainability performance was rated as "very good" by imug rating. The company received the full 100-point score in two of three categories (“products and services” and “controversies”). The category “ESG management” was rated with 49 of 100 points. The report sees room for improvement in this area. The rating and explanations are available on the website: https://www.aboenergy.com/media/en/pdf/imug_rating_Sustainability_Rating_Investors_ABO_ENERGY__GmbH__Co_KGaA_2024_08_09.pdf

"We are pleased to receive this overall rating and the concrete and constructive feedback," says Managing Director Alexander Reinicke. The rating recognizes ABO Energy's consistently sustainable business model. "Our operations align with the sustainability objectives set forth by the United Nations," Reinicke states. The United Nations has identified "affordable and clean energy" as a key sustainability objective. "Every megawatt of wind and solar power that we develop and install brings humanity a small step closer to this goal. And it is our mission to connect as many renewable energy plants as possible to the grid. " This is also echoed in the company's slogan: "Renewables are our DNA".

In addition to the positive sustainability impact that the report confirms for ABO Energy, responsible management is a crucial element. imug has identified potential for further improvements in this area. For instance, the experts propose conducting external audits and enhancing public reporting regarding the compliance management system. "In general, an expansion of public reporting on ESG topics would be desirable. For example, a sustainability report should be published in which the sustainability activities of ABO Energy GmbH & Co. KGaA are presented systematically and transparently”, the experts write. With this suggestion, imug confirms the path that the company has already taken. Reinicke notes that numerous improvements have already been made in recent years, with more to come. For instance, preparations are underway to produce an annual sustainability report in the future. "We will not rest on our laurels with our very good overall sustainability rating but will use the potential described for further improvements in the coming years."

 



27.08.2024 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.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ABO Energy GmbH & Co. KGaA
Unter den Eichen 7
65195 Wiesbaden
Germany
Phone: +49 (0)611 26 765 0
Fax: +49 (0)611 26 765 5199
E-mail: global@abo-wind.de
Internet: www.abo-wind.de
ISIN: DE0005760029, DE000A3829F5
WKN: 576002, A3829F
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1975861

 
End of News EQS News Service

1975861  27.08.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1975861&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - ABO Energy GmbH & Co. KGaA
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.