ESG & responsibility
Our Motivation – The European Union’s Climate Targets and the United Nations Sustainable Development Goals.
Together towards our future
It's time to get back to what's right
The future of energy supply is renewable – The increasingly noticeable global environmental impact of the intensive use of fossil fuels, greater environmental awareness among the population and rising energy prices are the framework conditions under which a growing demand for energy will have to be met in the coming years.
Nevertheless, our energy supply is still based on questionable raw materials such as coal, oil or gas. In order to keep our earth livable for future generations, we should already today consistently use the clean, economically sensible and almost infinitely available energy resource of the sun.
At CCE, we firmly believe that incorporating ESG principles into our operations will not only improve the performance
of our assets but it will also create long-term value for all our stakeholders. By deliberately selecting investments based
on risk, return, cost, and ESG, we aim to achieve a well-rounded portfolio without compromising our risk-return
expectations.
The sustainability report presents the ESG performance of CCE, along with its management approach to material sustainability
topics for each calendar year.
ESG Actions and Performance 2022
The year 2022 highlights our progress in meeting CCE´S ESG targets, assisted by Position Green Advisors. Some of our concrete achievements were: in June, an ESG Due Diligence was conducted on the Chilean solar PV Park “La Huella”. In September, the Code of Conduct, Supplier Code of Conduct and the Sustainability policies were developed and implemented. During the same month, a Carbon Footprint analysis of CCE Operations was done. During October, supporting policies like Policy on anti-retaliation, Policy on anti-trust and competition, Policy on bribery and improper payments, Policy on conflicts of interest, Policy on compliance with sanction and trade embargo, Policy on gifts and entertainment were implemented. In addition to this, an ESG incident monitoring setup was stablished. In November, a grievance mechanism, “Report a Concern”, was enforced. Finally, in December, the commitments to the leadership frameworks UN Global Compact, UN Sustainable Development Goals, Paris Agreement, and TCFD were rectified. These were just some actions that evidence our commitment to sustainability and the various aspects we prioritize in our journey towards a more responsible and inclusive future.
Our responsibility
We are ready for the energy transition
With our photovoltaic projects, we not only ensure that our customers save energy resources, but also make a significant contribution to combating environmental pollution and promote the conservation of resources.
In this way, CCE is already making its contribution to a consistent global energy transition and also expects this attitude from all suppliers along the value chain. Thus, manufacturers and suppliers are always encouraged by us to pay attention to recyclable components and an environmentally friendly production of components.
Our vision
Big goals for a better future
Convinced that only renewable energy can stop climate change, our goal as CCE is to become a large and sustainable producer of environmentally friendly energy and to play an important role in the future global renewable energy markets.
Driven by the Paris Climate Agreement, which was adopted on 12 December 2015, our strategy directly contributes to the achievement of the United Nations Sustainable Development Goals 7, 9 & 13.
Our commitment
CCE supports UN Global Compact
Since December 2022, CCE has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labor, environment and anti-corruption.
