EQS-News: EVN AG: 1.5°C transition plan for the renewable energy future

EQS-News: EVN AG / Key word(s): Sustainability/ESG
   EVN AG: 1.5°C transition plan for the renewable energy future

   06.10.2025 / 13:16 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   We, at EVN, are committed to our social responsibility to actively shape
   the transformation of the energy sector towards a renewable energy future
   and to support the realisation of national and international climate
   protection goals.

   In the recent months, we finalised our transition plan to align our
   business model with the requirements to limit global warming to 1.5°C.

   The central element of this transition plan – based on the 1.5°C target of
   the Paris Climate Agreement – is formed by our goals to reduce our
   greenhouse gas emissions. We submitted these goals to the Science Based
   Targets Initiative (SBTi) for scientific evaluation, and they were
   validated by SBTi in April 2025.

   Our reduction goals not only cover the material greenhouse gas emissions
   from our own business activities (e.g. electricity and heat generation,
   electricity network losses and natural gas network sales volumes), but
   also include the greenhouse gas emissions along our value chain (e.g.
   energy consumption by our customers). Based on our emissions during the
   2021/22 financial year, we plan a reduction of roughly 70% in the
   emissions covered by our goals by the 2030/31 financial year.

   The most important levers to decarbonise our company are the significant
   expansion of our renewable generation capacity and the continued expansion
   and consolidation of renewable heat generation and the district heating
   infrastructure. Our focal point for renewable generation capacity is
   clearly placed on wind power and photovoltaics, with expansion goals of
   770 MW and 300 MWp by 2030. The revitalisation of existing smaller
   hydropower plants and the increased use of battery storage for flexibility
   management play an important part in reaching these goals. The continuous
   expansion of the charging infrastructure for e-mobility as an additional
   measure for climate change mitigation will also support the realisation of
   our 1.5°C transition plan.

   In agreement with our goals, we have developed concrete measures and
   integrated them in the EVN Group’s corporate and financial planning during
   the past months. Roughly 89% of our total investments during the 2023/24
   financial year were classified as taxonomy-aligned under the EU Taxonomy
   Regulation and are therefore ecologically sustainable. Our other climate
   change mitigation actions, which are now anchored throughout the Group,
   make an important contribution to holding this indicator at a high level,
   also in the future.
    

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   06.10.2025 CET/CEST This Corporate News was distributed by EQS Group.
   www.eqs.com

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   Language:    English
   Company:     EVN AG
                EVN Platz
                2344 Maria Enzersdorf
                Austria
   Phone:       +43-2236-200-12294
   E-mail:      info@evn.at
   Internet:    www.evn.at
   ISIN:        AT0000741053
   WKN:         074105
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 2208654


    
   End of News EQS News Service


   2208654  06.10.2025 CET/CEST

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