EQS-News: EVN AG / Key word(s): Sustainability/ESG
EVN AG: 1.5°C transition plan for the renewable energy future
06.10.2025 / 13:16 CET/CEST
The issuer is solely responsible for the content of this announcement.
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We, at EVN, are committed to our social responsibility to actively shape
the transformation of the energy sector towards a renewable energy future
and to support the realisation of national and international climate
protection goals.
In the recent months, we finalised our transition plan to align our
business model with the requirements to limit global warming to 1.5°C.
The central element of this transition plan – based on the 1.5°C target of
the Paris Climate Agreement – is formed by our goals to reduce our
greenhouse gas emissions. We submitted these goals to the Science Based
Targets Initiative (SBTi) for scientific evaluation, and they were
validated by SBTi in April 2025.
Our reduction goals not only cover the material greenhouse gas emissions
from our own business activities (e.g. electricity and heat generation,
electricity network losses and natural gas network sales volumes), but
also include the greenhouse gas emissions along our value chain (e.g.
energy consumption by our customers). Based on our emissions during the
2021/22 financial year, we plan a reduction of roughly 70% in the
emissions covered by our goals by the 2030/31 financial year.
The most important levers to decarbonise our company are the significant
expansion of our renewable generation capacity and the continued expansion
and consolidation of renewable heat generation and the district heating
infrastructure. Our focal point for renewable generation capacity is
clearly placed on wind power and photovoltaics, with expansion goals of
770 MW and 300 MWp by 2030. The revitalisation of existing smaller
hydropower plants and the increased use of battery storage for flexibility
management play an important part in reaching these goals. The continuous
expansion of the charging infrastructure for e-mobility as an additional
measure for climate change mitigation will also support the realisation of
our 1.5°C transition plan.
In agreement with our goals, we have developed concrete measures and
integrated them in the EVN Group’s corporate and financial planning during
the past months. Roughly 89% of our total investments during the 2023/24
financial year were classified as taxonomy-aligned under the EU Taxonomy
Regulation and are therefore ecologically sustainable. Our other climate
change mitigation actions, which are now anchored throughout the Group,
make an important contribution to holding this indicator at a high level,
also in the future.
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06.10.2025 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: [email protected]
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2208654
End of News EQS News Service
2208654 06.10.2025 CET/CEST
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