ESG understanding & strategy

Since its foundation in 1990, Energiekontor has been consistently focused on the expansion of renewable energy. Sustainability is firmly embedded in our corporate DNA. As a pioneer of the energy transition, we are pursuing the vision of an energy supply derived entirely from renewable sources and have been contributing for over 35 years to a secure, climate-friendly and affordable energy supply – for today and for tomorrow.

Our strategy combines sustainable growth with financial stability – as the foundation for long-term business success and for continuous investment in innovative projects. Our aim is to create lasting added value for all stakeholders: for employees, investors, business partners, local authorities and society as a whole.

Change always begins with us. We regularly review our processes and take into account the impact of our actions on the environment and society. Our guiding principle is our commitment to sustainability, which consistently shapes our business activities.

The implementation of our ESG strategy is based on clear objectives and measures in the areas of Environmental (E), Social (S) and Governance (G). At the same time, we encourage employees to take personal responsibility, provide scope for initiative, and foster team spirit and collegiality. These factors are crucial to the long-term success and continuous development of our company.

The three pillars of our business model

• Project development – from site acquisition through to planning permission and financing, right through to turnkey construction in Germany, the UK, Portugal and France.
• Own portfolio – the long-term operation of the Group’s own wind and solar parks. This generates predictable, recurring cash flows and finances organic growth.
• Operational management – technical and commercial management of our own and third-party parks with a focus on continuous efficiency improvements.

02 Environmental

Our contribution to climate protection

„Our vision is to achieve 100 percent supply from renewable energy sources. Every wind and solar park brings us a step closer to this goal.“

Our vision – our mission statement: to meet all our energy needs using renewable energy sources

Energiekontor is committed to the vision of a 100 percent renewable energy supply. As pioneers in the industry, we feel a particular responsibility to play our part against the backdrop of the current energy crisis. We aim to continue being a driving force behind this movement in the years to come and to play an active role in shaping the path towards a more sustainable and decarbonised world. Through the wind and solar parks we have designed, built and operate as part of our own portfolio, we are helping to reduce climate-damaging CO₂ emissions both nationally and internationally, thereby protecting people, the environment and nature.

Climate impact in figures

Since the company was founded, Energiekontor has implemented more than 170 wind and solar projects with a total nominal power of over 1.5 gigawatts and an investment volume of more than 2.3 billion euros. These projects prevent the emission of over 2.3 million tonnes of climate-damaging CO₂ each year.

In 2025, the projects in our own portfolio generated green energy for around 188,500 households, thereby saving approximately 462,300 tonnes of CO₂. The newly commissioned projects in 2025 alone, with a capacity of around 83 megawatts, will save around 81,300 tonnes of CO₂ annually from their first full year of operation.

In the 2025 financial year, Energiekontor expanded its attractive project pipeline of new wind and solar projects to around 11.6 gigawatts (excluding US project rights). Energiekontor will thus continue to ensure the expansion of renewable energy capacity and CO₂ savings in electricity generation in the future.

Power generation & CO₂ savings

Basis for CO₂ calculation: 2023 emissions balance for renewable energies (German Federal Environment Agency), net avoidance factor of 754.80 g/kWh for onshore wind and 684.74 g/kWh for solar (as at January 2026). Households supplied: Five-year average for 2017–2021 for two-person households (German Federal Statistical Office). Project pipeline according to the 2026 Environmental Statement: approximately 11,407 MW plus 579 MW of US project rights.

EMAS-certified environmental management

Our environmental performance is certified: at our head office in Bremen, we have been implementing the EMAS (Eco-Management and Audit Scheme) environmental management system, developed by the European Union, since 2022. EMAS is one of the world’s most rigorous systems for corporate environmental management. It is based on the international standard EN ISO 14001 and goes beyond its requirements. Energiekontor was successfully certified for the first time on 11 May 2022 and entered into the EMAS register. Following a routine audit, Energiekontor successfully completed recertification in early June 2025.

Biodiversity & nature conservation

Compliance with nature conservation legislation is a key prerequisite for the approval of wind and solar parks. Consequently, all relevant criteria are taken into account for every project – including the obligation across the entire value chain to avoid operational activities in the vicinity of sites of global or national importance for biodiversity, the consistent application of the mitigation hierarchy, and the conduct of comprehensive biodiversity risk assessments. Going beyond the regulatory requirements, Energiekontor implements additional compensation measures to create added value for nature conservation.

Wind

Wind turbines make an important contribution to climate protection, as they generate renewable electricity with very low greenhouse gas emissions. At the same time – as with any form of energy generation – there may be impacts on nature and biodiversity.

Against this background, the careful planning and implementation of our wind parks are of paramount importance. In Germany, wind turbines are subject to strict authorisation procedures under the Federal Immission Control Act (BImSchG) as well as supplementary assessments under nature conservation law. These include, in particular, environmental impact assessments and specific species protection assessments, which ensure that suitable sites are selected and that impacts on the environment and species are avoided or minimised as far as possible.

Modern planning approaches follow a strategy of avoidance and mitigation: even at the planning stage, low-conflict sites are identified, sensitive protected areas are excluded, and project-specific measures are developed. These include, for example, shutdown algorithms to protect bats, adjusted operating hours, monitoring programmes, and measures to safeguard and develop habitats in the vicinity of the turbines.

In this way, we ensure that the expansion of wind energy is carried out in a way that is compatible with nature. We do not view climate protection and nature conservation as conflicting goals, but rather reconcile them within the framework of a comprehensive assessment and planning process.

Solar

Solar parks promote biodiversity. Unlike intensively farmed land, our solar parks cause significantly less disturbance once constructed. Wider row spacing, the absence of fertiliser and extensive management practices create habitats rich in species. Climate protection and nature conservation thus go hand in hand.

Going beyond the minimum regulatory requirements, we implement additional mitigation measures: soil regeneration by taking land out of intensive cultivation, the targeted creation of habitats for insects and reptiles, beehives near the parks, hedges planted with regional species, and low-reflectance modules to minimise glare.

Life-cycle climate impact

We regard our wind and solar parks as an important contribution to climate protection, as no pollutants are released during electricity generation. After just a few months, the overall environmental footprint of our plants is already positive – meaning that more emissions are avoided compared to those generated during manufacturing, transport and construction.

Once our wind and solar parks are operational, we ensure the plants perform at their best as part of our operational management and implement numerous measures to boost efficiency. Prevention, the careful use of resources and increasing the output from existing plants are all part of our sustainable and environmentally conscious operational management. To this end, we carry out preventive maintenance and implement technological innovations to achieve the highest possible yield from existing plants.

Throughout their entire life cycle, renewable energies are also among the lowest-emission technologies: the climate impact of onshore wind energy is around 11 g CO₂ equivalent per kWh, whilst offshore wind energy is of a comparable order of magnitude. Ground-mounted solar power plants emit around 48 g CO₂ equivalent per kWh. This means that wind and solar energy are significantly lower than conventional technologies: gas and steam power stations emit around 490 g, and coal-fired power stations around 820 g CO₂ equivalent per kWh (source: IPCC Fifth Assessment Report).

Repowering as a contribution to the life-cycle climate impact

Repowering is a key approach to further improving the climate performance of our turbines. This involves replacing older wind turbines or entire wind parks with modern, more powerful turbines.

Repowering makes it possible to increase electricity generation at existing sites whilst reducing the number of turbines. This improves land-use efficiency and allows existing infrastructure to continue to be utilised.

Modern wind turbines can now be built significantly taller and with larger rotors than earlier generations of turbines. As a result, they achieve a higher wind yield at lower rotational speeds. Combined with a smaller number of turbines, this can also have positive effects on species conservation and help improve public perception.

For Energiekontor, repowering has been an integral part of its business activities for many years. Particularly against the backdrop of expiring subsidy periods and improved planning permission procedures, this approach is becoming increasingly important and helps to ensure the efficient further development of existing sites.

03 Social

Responsibility towards employees and society

For us, social sustainability means taking responsibility – for our employees, for the people in the regions where we operate, and for society as a whole.

Our employees – our greatest asset

Employees and personnel structure

The people who work for us are our greatest asset. We want our people to feel at home, applying their skills, drive and creativity to our long-term shared success. This can only happen in a culture built on mutual respect and trust. Teamwork and collaboration are central to our culture, with ample room for employees’ individual growth and advancement. Our initiatives include flexible working options, the possibility of remote work, several parttime arrangements, company pension plans, access to a company fitness programme, and regular events organised as part of our cultural programme.

Energiekontor supports its employees’ personal and professional growth with systematic onboarding and a variety of internal and external training programmes. Regular staff surveys increase transparency and our understanding of our staff’s wishes and satisfaction levels.

As at 31 December 2025, a total of 260 permanent employees were employed across the entire group. The workforce is characterised by a balanced mix of new recruits and long-serving staff.

Energiekontor’s staff are spread across the company’s five national markets, with Germany accounting for the largest share at just over 80 percent. The geographical distribution of the workforce reflects the group’s operational presence and strategic focus.

Energiekontor is committed to fair and transparent working conditions and, in accordance with legal requirements, ensures that all employees receive appropriate remuneration. Furthermore, the remuneration policy is based on standard market practices and takes into account sector- and region-specific circumstances to ensure competitive and performance-related pay.

Diversity, equality & equal opportunities

Energiekontor embraces social and cultural diversity. We are committed to equality and do not tolerate any form of discrimination or unfair treatment – whether on the grounds of nationality, ethnic origin, skin colour, sexual identity, religion, belief, disability, gender or age. Sexual harassment, coercion, bullying and verbal or physical attacks are strictly prohibited. Misconduct will be dealt with rigorously.

Family-friendly working environment & modern workplace

We firmly believe that, as a company, we have a social responsibility to enable our employees to balance family and work life. That is why we have created a framework that ensures this balance in a unique way.

In November 2025, we were awarded the Bremen Senate’s ‘Ausgezeichnet Familienfreundlich’ (Excellent Family-Friendly) quality seal for the fourth year running; this accreditation is valid for two years. We offer flexible working hours, remote working, various part-time arrangements, a company pension scheme, a corporate fitness programme and our own cultural management programme.

Our approach goes beyond traditional work-life balance issues: in addition to support for employees with children, we offer targeted support for staff who take on family and social care responsibilities. Remote working also helps to reduce CO₂ emissions.

Health, safety at work and fire protection

Energiekontor is committed to a comprehensive, prevention-focused approach to health and safety at work. Going beyond the legal requirements, we offer regular training on physical and mental health, as well as voluntary health checks. We are constantly improving our fire and emergency response procedures; we ensure the availability of trained first-aiders through ongoing training.

Young talent & knowledge transfer

We invest in the long-term training of young individuals. With 69 interns, apprentices and working students as at the balance sheet date, the next generation is an integral part of our workforce structure. Where possible, we offer qualified young professionals permanent positions upon completion of their training or degree. Our head office is located directly on the University of Bremen campus – which makes it easier to engage with students. At the same time, we offer flexible working arrangements that enable students to carry out their work from any location. In this way, we also integrate talent from outside the immediate university environment into our group.

→ Job listings and careers page (only in German)

Social sustainability and regional integration

Local acceptance & citizen participation

We have our own offices and teams in the regions where we build our wind and solar parks. We want to enable local people to share in the success of renewable energy, increase acceptance of the energy transition through various measures, and offer them genuine added value. Through direct citizen participation or financial participation by local authorities in the wind park’s revenues, we strengthen this acceptance and enable the financing of local authority projects.

In accordance with statutory regulations, 90 percent of trade tax revenue goes to the local authority where the project is located. We give preference to local businesses when commissioning mitigation measures, fence construction, earthworks, as well as landscaping, maintenance and upkeep. A guarantee ensures that the site will be restored to its original condition.

→ Current participation options on the citizen participation platform (only in German)

Commitment to society

In the areas surrounding our sites, we support and sponsor clubs, sporting events, athletes, cultural initiatives and much more. One particularly high-profile example is that Energiekontor is a TOP partner and back sponsor of the SV Werder Bremen women’s football team. In the regions where we operate, we provide targeted support to local clubs and projects – for example, in Wegberg (North Rhine-Westphalia), we support the association supporting the municipal ‘Farbenfroh Klinikum’ nursery, Farbenfroh Klinikum e. V., as well as the Drummer and Piper Corps Klinikum.

Human rights and employees’ rights

We are committed to upholding internationally recognised human rights and reject all forms of child labour and forced labour. We comply with national working time legislation and ensure fair remuneration, including social benefits. We recognise the right to freedom of assembly and association, as well as the right to collective bargaining.

04 Governance

Corporate Governance

At Energiekontor, we are committed to responsible, reliable and sustainable corporate governance. Beyond legal compliance, we align our governance with leading external standards – we also continually refine our own standards and objectives through regular critical review.

As a renewable energy pioneer, Energiekontor has been supporting the energy transition along the entire value chain of wind and solar projects since its foundation in 1990. The reliable fulfilment of regulatory requirements, as well as the legitimate expectations of investors, the capital markets and other stakeholders, is of central importance in this regard.

Management & Supervisory Board

The Management Board of Energiekontor AG comprises Peter Szabo and Günter Eschen.

The Supervisory Board consists of three members: Dr Bodo Wilkens (Chairman), Günter Lammers (Deputy Chairman) and Darius Oliver Kianzad. In accordance with section 107(4), second sentence, of the German Stock Corporation Act (AktG), the three-member Supervisory Board also constitutes the Audit Committee.

→ Profiles of the Management and Supervisory Boards

German Corporate Governance Code

Governance framework and regulatory classification

The German Corporate Governance Code (DCGK), published by the Federal Ministry of Justice, sets out recognised standards for sound and responsible corporate governance of listed companies. It clarifies statutory requirements and supplements them with best-practice recommendations and suggestions.

The Code aims to strengthen transparency, accountability and trust among capital market participants and other stakeholders. In particular, it addresses:

• effective cooperation between the Management Board and the Supervisory Board within the dual management system,
• ensuring compliance and integrity,
• the promotion of sustainable and long-term business development.

Implementation is based on the internationally recognised ‘comply or explain’ principle, which requires companies to disclose and explain any deviations from the Code’s recommendations.

Implementation at Energiekontor

Energiekontor consistently aligns its corporate governance with the requirements of the German Corporate Governance Code (DCGK) as amended on 28 April 2022. The Management Board and the Supervisory Board regularly review compliance with the Code’s recommendations and are continuously engaged in their further development.

On 24 March 2026, the Management Board and the Supervisory Board adopted the annual declaration of compliance in accordance with Section 161 of the German Stock Corporation Act (AktG). This constitutes a key transparency tool and documents:

• the extent to which the DCGK recommendations have been implemented,
• any discrepancies, including the reasons for them,
• the ongoing development of our governance structures.

Corporate governance and control systems

In accordance with Sections 289f and 315d of the German Commercial Code (HGB), Energiekontor publishes an annual corporate governance statement comprising the following key elements:

• Declaration of conformity in accordance with Section 161 of the German Stock Corporation Act (AktG),
• Description of the working practices of the Management Board and the Supervisory Board,
• An overview of key corporate governance practices,
• Integration of compliance and control mechanisms.

The governance system incorporates:

• an internal control system (IKS) to ensure that processes are carried out properly,
• Risk management systems that address strategic and operational risks,
• Compliance structures that ensure compliance with legal and regulatory requirements.

These systems are regularly reviewed and updated to meet the increasing demands of the capital markets and regulatory requirements.

Transparent reporting

As a listed company, Energiekontor already reports in detail and transparently on many aspects of corporate governance. For example, we make the annual declaration of conformity and the declaration on corporate governance permanently available on our website (Corporate Governance). Interested parties can also find information there on the structure of the remuneration system for the Management Board and the Supervisory Board. We also publish an annual remuneration report, which is permanently available on our website.

Compliance & Risk management

Our actions are consistently guided by clearly defined values, legal requirements and recognised standards of good corporate governance. Corruption, bribery and other forms of unethical behaviour will not be tolerated.

The compliance management system is structured on a risk-based approach and forms an integral part of the risk management system. Through this integration, Energiekontor ensures that staff are aware of compliance risks and accept them.

In addition, an internal signature and approval process, as well as binding compliance guidelines, apply.

Whistleblowing system

We want to offer our employees and third parties the opportunity to take action against unethical behaviour or breaches of sound and responsible corporate governance, without them having to worry about consequences or even the loss of their job or legal action. Only in this way can significant malpractices be uncovered and improvements brought about. Our employees and external whistleblowers therefore have the option of raising their concerns with an external ombudsman, even anonymously.

Auditors & rotation principle

Energiekontor complies with the statutory rotation requirements for statutory auditors and lead auditors. Under Article 17(1) of the EU Statutory Auditors Regulation (EU Regulation No 537/2014), the term of a statutory auditor’s engagement is limited to ten years. In addition, a five-year rotation requirement applies to the lead auditor. Since the financial year 2024, Nexia GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Frankfurt am Main office, has been acting as the auditor of the annual and consolidated financial statements of Energiekontor AG.

Data protection & information security

For Energiekontor, the protection of personal data and ensuring the confidentiality, integrity and availability of business- and operations-related information are also an integral part of responsible corporate governance. The processing, storage, protection and deletion of this information are carried out in accordance with the applicable statutory data protection and information security requirements and on the basis of appropriate technical and organisational measures

Access to our systems is granted exclusively via secure connections. Modern security solutions such as firewalls, up-to-date security software and multi-factor authentication ensure a high level of security.

To further strengthen our information security, we are currently implementing a management system in accordance with ISO 27001. At the same time, we are continuously developing our IT systems and monitoring regulatory developments to ensure data protection and data sovereignty in the long term.

→ Full corporate governance page containing all documents

05 Framework & Reporting

Regulatory framework & reporting

CSRD, CSDDD & EU Taxonomy

In accordance with the thresholds of the revised CSRD, as confirmed by the European Parliament on 16 December 2025, Energiekontor is not subject to mandatory sustainability reporting: this will apply in future to companies with more than 1,000 employees and an annual turnover of at least 450 million euros. The scope of the CSDDD has also been narrowed (more than 5,000 employees and an annual turnover of at least € 1.5 billion). Both directives contain review clauses.

For companies outside the scope of the CSRD, the EU has established a voluntary standard – the Voluntary Standard for Non-listed SMEs (VSME/VS). Energiekontor will assess this standard. Until then, we will report voluntarily and to an appropriate extent in our annual report, in our environmental statement and on this website.

Frameworks and standards used

• German Corporate Governance Code (DCGK) – as amended on 28 April 2022
• EMAS Regulation (EC) No 1221/2009 / 2017/1505 – validated environmental statement
• EN ISO 14001 – fully covered by EMAS
• ISO 27001 – information security management system being introduced (in progress)
• IFRS –for consolidated financial reporting

06 Downloads & Documents

Reports, Statements & Downloads

07 Contact

Contact for ESG enquiries