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ENERGO-PRO received recognition for high environmental, social and corporate responsibility

Posted on
22.10.2024
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ENERGO-PRO
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The Czech group ENERGO-PRO received an ESG risk rating of 19.4 points from the rating agency Morningstar Sustainalytics, which has been evaluating the companies of the group since 2021. The new result is a significant improvement of 5.5 points compared to the previous assessment and places the Group 48th globally in electricity services among around 300 companies in the sector. The results reflect the company's commitment to sustainability and strong ESG risk management. This recognition is an incentive for even better future performance of the ENERGO-PRO Group in relation to social and environmental responsibilities.

The international energy company with a presence in Bulgaria, Georgia, Turkey, the Czech Republic, Spain, Colombia, fulfills its ESG commitments through a specially created working group on climate change. The Group is responsible for managing the Decarbonisation Plan and implementing solutions to reduce the emissions of ENERGO-PRO companies in different parts of the world where it operates. Recommendations for various initiatives are provided, climate change risk assessments are carried out.

In parallel with its actions to mitigate the effects of climate change, ENERGO-PRO takes into account the importance of sustainable energy management in minimizing the impact on the environment resulting from the activities of its companies. The Group is continuously working to improve energy efficiency, reduce greenhouse gas emissions and increase investment in clean energy and innovative solutions. Priority is given to the protection of the environment and biodiversity, which are integrated into the processes of risk identification and mitigation of harmful effects. Preserving and restoring biodiversity, natural habitats and ecosystems is a fundamental part of the company's sustainable policy.

In line with its responsible management and implementation of ESG practices, ENERGO-PRO continuously strives to implement innovative technologies and practices to increase production efficiency, ensure safe and constant energy. This is achieved through a focus on reducing grid losses, removing unsustainable energy production from the portfolio, increasing investment in clean energy and investing in innovative solutions.

ENERGO-PRO owns, operates and manages hydroelectric power plants and infrastructure networks for distribution and supply of electricity. The company satisfies the demand for energy and serves the needs of actively developing regions. Special emphasis is placed on safety, efficiency and reliability in electricity generation, distribution and supply activities in all countries in which the company operates.