MVV ENERGIE AG.
MVV1.XETRA | Electric power generation, transmission and distribution
MVV Energie AG is a Germany-based energy company. It operates through five segments: Mannheim, Germany; Region, Germany; Germany; International; and Associated Companies. The Mannheim segment focuses on the supply of electricity, gas, heat, and water to households, commercial customers, and industri...Show More
Better Health for All
0
No evidence available to assess MVV ENERGIE AG on Better Health for All.
Fair Money & Economic Opportunity
-10
MVV Energie AG is an energy company, not a financial institution.
1
Therefore, most KPIs related to 'Fair Money & Economic Opportunity' which focus on lending, deposit services, financial products, and associated fees are not applicable to its core business. The company does not offer consumer credit products, nor does it generate or manage customer finance data.
2
There is no evidence of a loan/insurance book, dedicated financial inclusion programs, or revenue from high-cost financial products.
3
While the company aims to provide energy at competitive prices and offers digital sales platforms for accessible energy solutions, these do not directly align with the financial services focus of the rubric's KPIs.
4
The company plans to invest around Euro 7 billion in the energy transition over the next 10 years, but this is for green growth and not explicitly stated as reinvestment in community finance or profit-sharing with underserved communities, which is the focus of the 'profit_reinvestment' KPI.
5
The company's adjusted annual net income after minority interests was Euro 513 million in FY 2023, and the planned Euro 7 billion investment over 10 years represents less than 0.5% of annual profit if evenly distributed, falling into the lowest tier for this KPI.
6
Fair Pay & Worker Respect
0
No evidence available to assess MVV ENERGIE AG on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
No specific quantitative data was provided across the articles for any of the fair trade and ethical sourcing KPIs.
1
While the company's Business Code of Conduct, compliance management system, and commitment to human rights and labor standards are mentioned,
2
there is no numerical evidence to assess performance against the rubric's thresholds for fair trade certification share, audit frequency, forced/child labour incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
3
Honest & Fair Business
-10
MVV Energie AG reported that no compliance-related infringements were detected in the period under report, apart from a low number of minor incidents, indicating no significant regulatory fines in the past three years.
1
The company maintains a whistleblower hotline for anonymous reporting by employees, third parties, and suppliers, with a commitment to protecting whistle-blowers from disadvantages or disciplinary measures.
2
The procedure for the hotline includes acknowledging receipt within seven days and completing investigations within three months.
3
MVV's financial reporting includes adjustments to previous year's figures, denoted by footnotes, which suggests restatements occur every 2-3 years.
4
The Combined Non-Financial Declaration in their Annual Report was subject to a limited assurance engagement by PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC).
5
The company states that all members of its Supervisory Board are independent according to the German Corporate Governance Code, and no conflicts of interest arose in the year under report.
6
MVV has a zero-tolerance policy towards bribery and corruption, providing extensive training to relevant employees and prohibiting donations to political organizations.
7
The company also surveys suppliers and service providers about their compliance, and for major tenders, obtains supplier self-registration and information on compliance and anti-corruption regulations.
8
Kind to Animals
0
The provided article focuses on MVV Umwelt's renewable energy portfolio, specifically onshore wind farms, including capacity, electricity generation, and CO2 avoidance figures.
1
It explicitly states that it contains no data relevant to animal welfare, cruelty-free certifications, animal testing, habitat conservation, or ethical sourcing practices, which are the core components of the 'Kind to Animals' value.
2
No War, No Weapons
-40
The company explicitly states its alignment with the UN Guiding Principles on Business and Human Rights in its policy statement.
1
It is also involved in the UN Global Compact initiative.
2
However, there is no evidence of specific monitoring by an ethics office, integration into training, or publication of performance metrics or external assurance.
Planet-Friendly Business
-50
MVV Energie AG reported total Scope 1, 2, and 3 greenhouse gas emissions of 7,229,000 tCO₂e for the 2024 financial year, which includes 2,588,000 tonnes for Scope 1, 124,000 tonnes for Scope 2, and 4,517,000 tonnes for Scope 3.
1
This represents a 15.42% reduction from 8,547,000 tCO₂e in 2023.
2
The company has Science Based Target initiative (SBTi) validated net-zero targets, which are validated to a 1.5 °C pathway.
3
MVV Energie has a net-zero target year of 2035, which was brought forward from a previous plan.
4
The company's renewable energy sources account for 42% of its proprietary electricity generation and 46% of its proprietary heat generation in 2024.
5
MVV Energie states it is not relying on offsetting certificates or projects.
6
Respect for Cultures & Communities
0
The provided articles do not contain specific, quantifiable data points that align with the defined KPIs for 'Respect for Cultures & Communities'. While some articles mention community engagement mechanisms for specific projects, such as the Medworth Community Interest Organisation and the Incinerator Liaison Committee, they do not provide company-wide percentages, numbers of partnerships, or other metrics required by the rubric.
1
Therefore, no KPIs can be scored based on the available evidence.
Safe & Smart Tech
0
Approximately 68.8% of employees received training in the 2024 financial year, including compliance training and e-learning, with occupational safety training undergoing regular effectiveness assessment.
1
Users have rights to access, rectify, delete, restrict data processing, data portability, and objection rights.
2
Online services for private and business customers use password-protected accounts.
3
The company has a data protection management system and an information security management system based on DIN ISO 27001.
4
MVV complies with applicable laws and regulations, including GDPR, BDSG, and the German Commercial Code (HGB) for non-financial declarations.
5
Data is processed only as needed and deleted when no longer required or subject to retention periods, and communication is encrypted where applicable.
6
Zero Waste & Sustainable Products
-20
The provided articles indicate no specific waste disposal violations, regulatory actions, fines, or compliance issues for MVV Energie AG in the past three years, covering 2022 and 2024 fiscal year reports. No other specific data points were found for any other KPIs related to Zero Waste & Sustainable Products, such as waste diversion rates, product recyclability, packaging sustainability, or waste reduction targets.