Photon Energy N: the group receives a “very good” rating from the sustainable development assessment agency imug | rating
Photon Energy Group receives a “Very Good” rating from the sustainability assessment agency imug | rating
– imug | The rating rated the company’s sustainability performance as “very good” with 75 out of 100 points in the areas of sustainability management, its products and services, and controversies.
– The rating was carried out on the basis of publicly available information, media reports, opinions from external experts, interviews with the Company and studies.
– The company released its first sustainability report in March 2021, formally expressing its commitment to delivering sustainable results.
Amsterdam – June 2, 2021 – Photon Energy NV (WSE & PSE: PEN, FSX: A1T9KW) (“Photon Energy Group” or the “Company”), an Amsterdam-based renewable energy company providing solar energy and clean water solutions worldwide , received its first sustainability assessment, assigning a rating of “very good‘ with 75 out of 100 points by imug | rating, an independent institution which evaluates the policies and activities of the Company in the field of sustainable development. Imug scores are assigned according to the following scale: poor, average, good, very good, excellent.
imug | rating is one of the leading sustainability rating agencies in Germany and a specialist in environmental, social and governance (ESG) research. imug | rating has been active in the fields of sustainable finance and socially responsible investment (SRI) for more than 20 years. His references include large asset managers and alternative banks as well as institutional investors and NGOs.
‘We are proud that our ESG practices have been rated’ very good‘ by imug | rating. This validates our strategy, which considers sustainability as a key factor in creating value for our company, ”said Georg Hotar, CEO of Photon Energy Group. “Since our mission is to make a positive societal contribution with a strong emphasis on sustainable development, we attach great importance to this rating as a demonstration of our commitment to transparency and trust in our stakeholders. “
In 2020, Photon Energy Group laid the foundations for strategic management, control and reporting practices that are fully focused on sustainable development. It published its first annual edition sustainability report in March 2021, formally expressing the Company’s commitment to delivering sustainable results.
Learn more about Photon Energy Group’s ESG commitments and sustainability rating here.
About Photon Energy Group – photonenergy.com
Photon Energy Group provides solar energy and clean water solutions around the world. Its solar energy services are provided by Photon Energy; Since its founding in 2008, Photon Energy has built and commissioned solar power plants with a combined capacity of over 100 MWp and has plants with a combined capacity of 74.7 MWp in its proprietary portfolio. It is currently developing projects with a combined capacity of over 530 MWp in Australia, Hungary, Poland and Romania and providing operation and maintenance services for over 300 MWp worldwide. The group’s second major line of business, Photon Water, provides drinking water solutions including treatment and remediation services, as well as the development and management of wells and other water resources. Photon Energy NV, the holding company of Photon Energy Group, is listed on the Warsaw, Prague and Frankfurt stock exchanges (Cote Board). The company is headquartered in Amsterdam, with offices in Australia, South America and across Europe.
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06/02/2021 Press release issued by DGAP – a service of EQS Group AG.
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