Reporting and Ratings
By developing renewable energy projects, we contribute to a sustainable future and the transition of the energy system. We also commit to operating responsibly in all aspects of our business, and our long-term sustainability strategy until 2040 guides us in this endeavour. It includes clear goals for climate action, biodiversity, and community engagement. More information about these topics and many others can be found in our Annual & Sustainability Report for 2023.
Sustainability Ratings
Sustainability ratings have become increasingly important for our stakeholders, and Eolus is evaluated annually by several entities. The sustainability ratings make use of publicly available information to evaluate a company’s sustainability efforts. We are routinely engaged with the rankings that include Eolus, and the reports serve as a tool for improving our sustainability efforts. A brief description of the entities we actively work with and links to our latest updated rankings are provided below.
Sustainalytics
An ESG rating that is focused on publicy noted companies and uses a two-dimensional framework to measure a companys exposure to industry specific material risks and how the company manages these risks.
Nasdaq ESG
As a listed company, Eolus shares sustainability data with Nasdaq which is listed in their ESG portal. Therefore, we are classified as a” Nasdaq ESG Transparency Partner”.
Communication on Progress - UNGC
As a signatory of the UN Global Compact, Eolus reports on our progress towards Agenda 2030 and the Sustainable Development Goals annually. Access Eolus most recent Communication on Progress here.
Norwegian Transparency Act
The Norwegian Transparency Act aims to promote respect for human rights and decent working conditions among companies, while at the same time ensuring the public’s access to information. The law requires large Norwegian companies, as well as large foreign companies that offer products and services in Norway, to carry out due diligence assessments in accordance with the Organisation for Economic Co-operation, and Development (OECD) Guidelines for Multinational Enterprises. This involves mapping, preventing, accounting for and following up on how the company handles actual and potential negative consequences for human rights and decent working conditions. Companies must examine both their own operations, supply chain and business partners to uncover potential and any actual consequences for human rights and decent working conditions. Eolus Vind Norge Holding AS reported according to the Norwegian Transparency Act for 2022, see below. The company is not required to report for 2023.
