ABO Wind AG
Climate Impact & Sustainability Data (2008, 2016)
Reporting Period: 2008
Environmental Metrics
Total Carbon Emissions:600,000 tCO2e/year
Total Energy Consumption:700,000 MWh/year
ESG Focus Areas
- Climate protection
- Renewable energy
- Environmental protection
- Community development
Environmental Achievements
- Plants prevent emissions of 600,000 tons of carbon dioxide per year.
- Plants produce 700,000 megawatt hours per year and supply 230,000 households.
Social Achievements
- Increased workforce from 80 to 120 employees in nine countries.
- Successful sale of a wind farm to a local supplier in Berviller-en-Moselle, Lorraine, supplying Creutzwald with electricity.
- Implemented a program to support municipalities in achieving climate-friendly energy supply ('Effekt-Check').
Governance Achievements
- First consolidated balance sheet for the ABO Wind Group presented.
Climate Goals & Targets
Environmental Challenges
- Financing and sales of larger projects outside Germany were more difficult since Q4 2008.
- Financial crisis slowed down the development of renewable energy projects and external financing of larger foreign projects.
- Delays in project financing due to the financial crisis.
- Resistance from some parts of the population to biogas projects.
Mitigation Strategies
- Experience, good contacts, and a solid financial basis helped ABO Wind to assert itself successfully.
- Innovative financing models helped to emerge strengthened from the financial crisis.
- ABO Wind added competent colleagues to its planning team.
- Reached a settlement with protesters regarding a biogas plant in Samswegen.
- Intensified negotiations with more banks and investors.
Supply Chain Management
Responsible Procurement
- Regional companies were considered as much as possible during construction.
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
Wind and biogas plants contribute to renewable energy and climate change mitigation.
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:2,000,000 tCO2e/year (avoided)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:2,600,000 MWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Protection
- Renewable Energy
Environmental Achievements
- Plants avoid the emission of around 2 million tons of carbon dioxide every year
- Plants produce around 2.6 million megawatt hours a year
Social Achievements
- Increased staffing levels, particularly in the service sector (50% increase)
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Changes in the domestic market (Germany) with no longer guaranteed fixed tariffs for wind power and a new tender process.
- Regulatory risks in various countries
- Currency risks through operations in South America, Iran, and the United Kingdom.
- Interest rate risk
Mitigation Strategies
- Consistent expansion of international activities
- Improving efficiency and keeping project development costs low
- Maintaining a lean corporate structure
- Interest rate hedges (short-to-medium term)
- Lower investment and operating costs, as well as adjusted compensation rates (medium-to-long term)
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed