2G Energy AG - ESG Rating & Company Profile powered by AI

Industry Group:Heavy Electrical Equipment

This dashboard includes a Q&A table about 2G Energy AG. This ESG score includes seventeen United Nations Sustainable Development Goals including: 'Affordable & Clean Energy', 'Sustainable Cities & Communities' and 'Life on Land'. Browse to the bottom of the webpage for potential risks for 2G Energy AG based on sector, location and size.

2G Energy AG in the Heavy Electrical Equipment industry gained a UN SDG ESG Transparency Score of 6.9; made up of an environmental score of 6.7, social score of 8.0 and governance score of 6.0.

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SDG Transparency Score for 2G Energy AG 
Low
0 - 3

6.9

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2022-07-01
What drives the score for 2G Energy AG 
6.7

Environmental

8.0

Social

6.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Bloom Energy Corp
9.3
High
2Siemens Energy AG
8.7
High
41Chongqing Machinery & Electric Co Ltd
7.0
High
41Nel ASA
7.0
High
432G Energy AG
6.9
High
43ITM Power PLC
6.9
High
43Shanghai Electric Group Co Ltd
6.9
High
.........
199Ut Ltd
0.0
Low
199Uzhhorods'kyi Turbohaz PAT
0.0
Low
.........
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Frequently Asked Questions

Does 2G Energy AG reference operational or capital allocation in relation to climate change?No
No answer found for the question
Does the Board describe its role in the oversight of climate-related risks and opportunities?Yes
company-namecategory-descSTP2022-04-28
Sales risks The Management Board assumes that the uncertainty triggered by the war will only pose temporary sales risks. Russia and Ukraine play a very minor role in 2G's sales. From a rational perspective, demand continues to exist worldwide for decentralized, base-load capable and carbon-saving power generation capacities. The significant rise in prices for fossil primary energy sources has also highlighted the importance of efficient and resource-conserving energy generation. The combined generation of heat and power at the same time offers precisely these sought-after features. War and its effects do not stop climate change, nor do they make it less of a presence. A temporary shift in the priorities of fiscal resources towards spending on humanitarian purposes and on military equipment for defense is likely, but will not call into fundamental question legislative plans to expand climate protection in Germany and the G7 countries. On the contrary, given the EU's efforts to break ...
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Is Capital Expenditure linked to emissions reduction?

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Has 2G Energy AG submitted or committed to submit to a shareholder vote (say-on-climate) its climate strategy?

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Does 2G Energy AG disclose current and historical air emissions?

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Does 2G Energy AG disclose current and / or historical scope 1 emissions?
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Does 2G Energy AG disclose current and / or historical scope 3 emissions?

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Does 2G Energy AG disclose current and / or historical emissions broken down by scope?

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Does 2G Energy AG disclose GHG and Air Emissions intensity?

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Does 2G Energy AG disclose data for NOx, SOx and VOCs emissions?

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Does 2G Energy AG disclose its Scope Emissions targets?

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Does 2G Energy AG disclose its current and / or historical energy use?

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Does 2G Energy AG disclose its internal carbon price?

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Does 2G Energy AG disclose long-term targets (>5 years) for reducing its GHG emissions?

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Does 2G Energy AG disclose Scope 3 emissions from use of sold products?

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Does 2G Energy AG disclose current and historical material use?

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Are Operating Expesnses linked to emissions reduction?
Does 2G Energy AG disclose climate scenario or pathway analysis?
Does 2G Energy AG reflect climate-related risks in its financial statements?

Does 2G Energy AG disclose the number and percentage of companies screened by environmental and social criteria?

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Are emissions metrics verified by CDP?

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Are emissions metrics verified by STBi?

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Does 2G Energy AG report according to TCFD requirements?

Does 2G Energy AG disclose current and historical waste generation?

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Does 2G Energy AG disclose current and / or historical waste management?

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Does 2G Energy AG disclose current and / or historical water consumption?

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Does 2G Energy AG disclose long term financial targets?

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Does 2G Energy AG have a policy relating to cyber security?

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Does 2G Energy AG adhere to ISO 27001 / ISO 27002 standards or the NIST cybersecurity framework?

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Does 2G Energy AG disclose the individual responsible for D&I?
Does 2G Energy AG conduct 360 degree staff reviews?

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Does 2G Energy AG have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Has 2G Energy AG issued a profit warning in the past 24 months?
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Does 2G Energy AG disclose average employee tenure?

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Does 2G Energy AG disclose its gender pay gap?

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Does 2G Energy AG disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
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Does 2G Energy AG disclose incidents of corruption?

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Did 2G Energy AG have a product recall in the last two years?
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2G Energy AG, together with its subsidiaries, develops, manufactures, and installs combined heat and power (CHP) systems, and other systems for the recovery of electrical energy in Germany and internationally. It offers decentralized power and heat through gas motors driven by natural gas, biomethane, biogas, sewage gas, landfill gas, or hydrogen with an electrical output of 20 to 4,500 kW. The company's products include g-box, a natural gas CHP plant with the electrical output of 20 kW to 50 kW; aura, a CHP plant with the output range from 100 kW to 420 kW; patruus, a biogas and natural gas CHP plant with the output range from 50 kW to 263 kW; agenitor, a CHP plant with a capacity of 220 kW to 450 kW; and avus, a CHP plant with the electrical output range of 400 kW to 4.000 kW. It also engages in the rental and leasing of CHP plants. The company's products are used for various applications, such as biogas plants, office and administrative buildings, chemical and pharmaceutical industries, landfills, shopping centers, horticultural and agricultural holdings, hotels, industry and trade, sewage treatment plants, hospitals, food industry, public institutions, data processing centers, schools and universities, swimming pools, senior citizen centers, sports and leisure centers, heat grids, hydrogen, and residential buildings. The company was formerly known as 2G Bio-Energietechnik AG and changed its name to 2G Energy AG in 2011. 2G Energy AG was founded in 1995 and is headquartered in Heek, Germany.