ERSTE RESPONSIBLE RETURN – The ESGenius Letter on Environmental, Social and Governance issues
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ERSTE RESPONSIBLE RETURN – The ESGenius Letter on Environmental, Social and Governance issues
Growing demand for energy and accelerating climate change pose immense challenges for the energy sector. The key lies in finding the balance between climate protection efforts, affordable energy, and reliable supply. In a guest commentary. Dr. Eric Schmiedchen explains OMV’s climate path.
The topic of sustainability offers a great opportunity to discuss the question of engagement. By engagement, we understand the dialogue between investors and shareholders and the respective companies in order to suggest changes and to bring them about in a targeted fashion.
The coronavirus pandemic is currently a challenge to the entire world, but the climate crisis has not lost any of its urgency either.
The term “sustainability” can be found in the 2019 annual reports of all 20 ATX companies – and usually more often than terms like “profit” or “efficiency”. What the reference to sustainability means specifically is not always clear.
To many companies, ESG is still a relatively new field, which is why it is important to understand how rating agencies evaluate sustainability and how the approach has changed over the years.