AMPRION GMBH EQS-News: Amprion GmbH: Sustainable value chain: Amprion decides to reduce Scope-3-emissions

Transparency directive : regulatory news

08/03/2023 12:01

EQS-News: Amprion GmbH / Key word(s): Sustainability/ESG
Amprion GmbH: Sustainable value chain: Amprion decides to reduce Scope-3-emissions

08.03.2023 / 12:01 CET/CEST
The issuer is solely responsible for the content of this announcement.

Dortmund, Wednesday, 08 March 2023

Sustainable value chain: Amprion decides to reduce Scope-3-emissions

The transmission system operator Amprion has committed to reducing emissions along its value chain by almost 60 percent by 2032. The company has thus reached a further milestone in the implementation of its climate protection strategy. Amprion is underlining its claim to operate sustainably in the expansion and conversion of the electricity transmission network.

"As a transmission system operator, we are contributing to the Green Deal in Germany and Europe. I am pleased that we have also committed to an ambitious but realistic CO₂ reduction path for our value chain. For Amprion, this is a further step on the path to climate neutrality for our organisation," said Amprion CEO, Dr. Hans-Jürgen Brick. The voluntary commitment follows the requirements of the Paris climate protection agreement on the 1.5-degree target.

Reduction paths for different types of emissions

As early as 2022, Amprion set a target for reducing CO₂ emissions from its own sources (Scope 1) and purchased energy (Scope 2). The company aims to reduce these by at least 63 percent by 2032. Scope-3-emissions arise from purchased goods and services, business travel and commuting to work, etc. The reference figure for this type of emissions is the length of powerlines constructed. The base year is 2021. All reduction targets were defined in accordance with the internationally recognized Science Based Target Initiative (SBTi).

Peter Rüth, Chief Financial Officer of Amprion said: "Sustainability is firmly anchored in our corporate and financing strategy. With the reduction target for Scope 3 emissions, we are also sending a further signal to our investors that demonstrates the importance of this issue for Amprion."

Emission reductions through grid expansion

By integrating renewable energies into the energy system, Amprion is making an important contribution to ensuring that Germany can achieve its climate targets by 2045. Thus, grid expansion promotes climate-neutral electricity production today and in the future. By transparently showing the emission reductions they enable, companies can more easily show the positive effects on the environment and society.

Please contact us if you have any questions:

Contact for the press
Tobias Burgholz
Press Officer
T +49 231 5849-13785
M + 49 173 4652396
E-Mail: tobias.burgholz@amprion.net

Contact for investors and analysts
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
E-mail: ir@amprion.net

Amprion

Amprion GmbH is one of four transmission system operators in Germany. Our 11.000-kilometre extra-high voltage grid transports electricity in an area from the North Sea to the Alps. Around a third of Germany’s economic output is generated there. Our power lines are lifelines of society: They secure jobs and quality of life for 29 million people. We keep the network stable and safe – and prepare the way for a climate-compatible energy system by expanding our network. Around 2.200 employees in Dortmund and at more than 30 other sites help make sure the lights never go out. We also perform overarching operations for integrated grid systems in Germany and Europe.

08.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Amprion GmbH
	Rober-Schumann-Straße 7
	44263 Dortmund
	Germany
E-mail:	capitalmarkets@amprion.net
Internet:	www.amprion.net
ISIN:	DE000A3JN9U5
Listed:	Luxembourg Stock Exchange (Euro MTF)
EQS News ID:	1577781


End of News	EQS News Service

1577781 08.03.2023 CET/CEST

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