Sustainability has been at the center of our business model and our way of working for years.
In 2015, the United Nations approved the Global Agenda for Sustainable Development and relevant Sustainable Development Goals (or SDGs), to be achieved by 2030. We immediately started to integrate the UN’s seventeen SDGs into our company policies, defining specific targets.
They have become a compass for our work, to strengthen our commitment to an increasingly sustainable business model.
In the autumn of 2019, we launched the world’s first general purpose SDG-linked bonds – inviting the market to invest in our achievements, measured against four specific goals. The first was a 1.5-billion-dollar bond on the US market and, in Europe, the second was a multi-tranche issue of 2.5 billion euros. The success of these bonds on both sides of the Atlantic has shown that we are on the right track. But more importantly, it has shown the rest of the world that investing in sustainability is now also synonymous with economic value.
The four goals that our performance is measured by
SDG 13: Climate action
Climate change is a global challenge that affects everyone, everywhere.
SDG 7: Affordable and clean energy
Energy is central to nearly every major challenge and opportunity.
SDG 9: Industry, innovation and infrastructure
Innovation and investments in infrastructure are crucial to sustainable development.
SDG 11: Sustainable cities and communities
All cities need to provide basic services, energy, housing, and transportation for everyone.
A new pathway to socially responsible investment in Africa’s growth
In order to increase the funding of renewable energy products in Africa, we are currently taking part in an initiative to facilitate European investors. RenewAfrica is based on a public and private sector program that aims to provide energy access to a large population that has none. The ultimate goal is to reduce poverty and promote growth and development in a sustainable way. This is yet another example of how the pursuit of sustainability can be beneficial for everyone.