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Independent ESG Ratings

Our customers, investors, and other stakeholders value strong ESG (Environmental, Social & Governance) performance. We have chosen CDP, Ecovadis and SBTi as the parties that assess our sustainability performance in a complementary manner. This way, we, our customers, and other stakeholders know where we stand and how our ESG performance is evaluated.
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CDP

CDP is a global non-profit organisation that for 25 years has managed an environmental disclosure system for companies, capital markets, cities, states and regions to manage their environmental impact. The organisation requests detailed information and then assigns a score from D to A. 24,800+ companies disclosed environmental data through CDP in 2024. These companies represent two-thirds of global market capitalization, 93% of the FTSE100, and 85% of the S&P500.

Eneco has been awarded a score of B by the CDP for its efforts to combat climate change and a B- for water security. Our climate score exceeds the global and European regional average (C) and is equal to the average of the renewable power generation sector (B). The climate score is a decrease compared to 2023 (A-). The bar has been raised. The average climate score in Europe also has dropped from B to C. Our water score exceeds the global, European regional and the renewable power generation sector average (C).

EcoVadis Gold

The EcoVadis Gold rating was obtained in early 2024, and reflects a Top 5% position (i.e. in the 95+ percentile) relative to all participating companies. EcoVadis rates companies on environment, labour and human rights, ethics and sustainable procurement performance.
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Science Based Targets initiative

The Science Based Targets initiative (SBTi) is a corporate climate action organisation that enables companies and financial institutions worldwide to play their part in combating the climate crisis. The SBTi develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at latest.



The initiative is a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI) and the World Wildlife Fund (WWF). More than 8000 companies have science-based targets and over 1800 companies with net-zero targets.



In 2017, Eneco was the first Dutch company with approved targets. Based on the SBTi's methodology, a carbon budget for our company including our suppliers and customers was determined. In 2022, Eneco is among the first group of companies to receive SBTi approval on its net-zero target in 2035 for the entire value chain (scope 1, 2 and 3) based on the 1.5°C pathway from a 2019 base year. Eneco reports progress on SBTi targets through the CDP questionnaire and its annual report.