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E.ON is a publicly listed company headquartered in Essen, Germany. It is one of the world's largest investor-owned electric utility service providers, operating in over 30 countries worldwide and serving over 47 million customers. The company is listed on the Euro Stoxx 50 stock market index, the DAX stock index and the Dow Jones Global Titans 50 index.
Summary
E.ON reports transparently on numerous sustainability topics but has clear potential to strengthen its performance in many areas. The company has made sustainability consequential to business by linking managerial compensation to performance on climate action, diversity and inclusion, health and safety, and ESG ratings. E.ON also shows a commitment to social inclusion through its actions to improve the affordability of its services, such as flexible tariff models, relief packages, energy price caps, and payment plans. It is also one of few companies in the benchmark to disclose its process for identifying and mitigating its salient human rights risks.
E.ON reports annual progress against its targets to reduce its scope 1 and 2 emissions by 75% and scope 3 emissions by 50% by 2030 from a 2019 baseline. However, it has an opportunity to report more regular and disaggregated data on topics such as energy efficiency and waste generation, which will help to evaluate the company’s full impact on the environment. E.ON can also further improve its disclosure on local government partnerships and stakeholder engagement to demonstrate its commitment towards collaboration on sustainability.
Ranking position
#15
/300
Total score
28.7
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
25.0
/100
Rank (0-300)
#29
Measurement area
Inclusive Cities
Score
# 1
30.0
/100
Rank (0-300)
#64
Measurement area
Healthy Cities
Score
# 1
10.3
/100
Rank (0-300)
#77
Measurement area
Climate Proof & Resilient Cities
Score
# 1
20.0
/100
Rank (0-300)
#49
Measurement area
Core Social Indicators
Score
# 1
58.3
/100
Rank (0-300)
#5
Industries
Industries
Energy distribution
#6
More about the company
Headquarters
Germany
Ownership structure
Public
Revenue
USD 121,747 billion (2022)
Number of employees
69378 (2022)
Website
https://www.eon.com/en.html
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