To narrow the focus of our integrated climate strategy, we are currently devising suitable goals and strategies in the field of renewable energy. One thing is clear – we want to increase the share of renewable energy across the Group and thus reduce our carbon emissions. To do that, we are sourcing more green electricity directly, acquiring corresponding guarantees of origin, or concluding power purchase agreements (PPAs), as is the case in the United States. Whenever possible and practicable, we are already investing in our own power plants – for instance in the construction of cogeneration plants and the installation of photovoltaic systems.
We have been recording the “Renewable Energy” ESG KPI since 2016. The KPI is calculated based on the share of renewable energy in total electricity consumption. In 2018, the figure was at 52 percent across the Group (41 percent in 2017). This means we have already exceeded the target of a 50 percent share by 2020, which is just an internal target at present.
Moreover, we have developed Group-wide parameters, which we can use to evaluate electricity purchases in the national companies with regard to sustainability. They include, for instance, the average emission factor of the electricity mix (i.e. the amount of emissions for every kilowatt hour of electricity used) and the proportion of renewable energy. These parameters help us make our current energy mix transparent and increase the future share of energy obtained from renewable sources.