ESG

ENVIRONMENTAL, SOCIAL, gOVERNANCE

WE TAKE RESPONSIBILITY

As a leading player in utility-scale solar, Greencells already is at the forefront in the fight against climate change. For the development and construction of our solar plants, we want to make sure that we live up to latest ESG-standards. Therefore, Greencells strategically addresses ESG topics internally and externally.

ENVIRONMENTAL, SOCIAL & GOVERNANCE FRAMEWORK

Our ESG Framework sets out how we as a company act to ensure our operations are conducted in an environmentally friendly and socially responsible way, how we manage relationships with employees, suppliers, customers, and the communities where we operate.

FUND USAGE REPORT OF THE SECURED GREENCELLS GREEN BOND 2020/2025 – FISCAL YEAR 2022

In terms of our Green Bond, we are obligated to report annually on the allocation of Green Bond funds. In this context, we report not only on the allocation of funds itself, but also on its positive contribution to sustainability. In 2022, Green Bond funds supported the development of solar parks with a total capacity of approximately 2.1 GW.

FUND USAGE REPORT OF THE SECURED GREENCELLS GREEN BOND 2020/2025 – FISCAL YEAR 2021

In our annual Green Bond fund usage report, we report not only on the allocation of funds itself, but also on its positive contribution to sustainability. In 2021, Green Bond funds contributed to the development of solar parks that in future will save approximately 2 million tCO2 annually.

CASE STUDY - REVITALIZATION OF FORMER MINING AREA PROJECT ST. CHARLES

This case study illustrates our company’s progressive approach to the development of large-scale solar installations and the environmentally and socially responsible integration of our projects into host communities.