PNE AG.
PNE3.XETRA | Electric power generation, transmission and distribution
PNE AG is a German company operating in the renewable energy sector. It primarily focuses on the development, construction, and operation of onshore and offshore wind farms and photovoltaic (PV) systems. The company's activities encompass the entire value chain, from project planning and financing t...Show More
Better Health for All
0
PNE AG's core business of developing and operating renewable energy projects (wind and solar) delivers exceptional health benefits by avoiding air and water pollution from fossil fuels, which are linked to severe health issues like asthma, heart problems, cancer, and premature death.
1
The company has no revenue from products or activities with well-established negative health outcomes.
2
PNE's operations generate negligible negative health externalities, as its focus on renewable energy inherently reduces emissions and environmental footprint, contributing to positive health impacts on surrounding communities.
3
The company does not offer health-related products or services, making price accessibility, risk transparency, and preventative health measures (in the context of public health) not applicable.
4
PNE complies with GDPR data protection regulations, indicating reasonable data protection standards, but no specific health data handling details are provided, which maps to a score of -60 for healthcare data responsibility.
5
Fair Money & Economic Opportunity
0
No evidence available to assess PNE AG on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
20
The company reported a recordable work-related injury rate (TRIR) of 1.572 per 200,000 working hours in Germany for 2023.
1
Fair Trade & Ethical Sourcing
20
PNE Group reported no known incidents of forced or child labor in 2023, and no violations were reported via the whistleblowing system.
1
The company explicitly rejects all forms of child, forced, or compulsory labor and human trafficking, and has a Code of Conduct that prohibits these practices.
2
PNE's Business Partner Policy requires key business partners to commit to principles of human rights, referencing international conventions.
3
The Code of Conduct, which includes these ethical terms, is binding on business partners.
4
In 2023, PNE Group reported no known conflict minerals in its purchased products, and its Code of Conduct aligns with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
5
Honest & Fair Business
-60
PNE AG has a formal whistleblower policy, including a digital system with potential anonymity, designated officers for reporting, and a commitment to confidentiality and no retaliation.
1
However, there is no evidence of independent investigation processes.
2
The company has a 'Highest' controversy rating from Sustainalytics as of January 2025.
3
PNE AG also has an anti-corruption policy that explicitly addresses bribery, corruption, gifts, and hospitality, and applies worldwide to all employees.
4
However, there is no evidence of training frequency or effectiveness metrics for this policy.
5
Kind to Animals
0
PNE AG operates in the renewable energy sector, focusing on wind and solar farms.
1
The provided articles do not contain specific, measurable evidence for any of the 'Kind to Animals' KPIs. While the company mentions implementing measures to minimize negative impacts on biodiversity, including compensation for interventions, and aims to promote biodiversity in its projects, no specific metrics, documented outcomes, or percentage of revenue allocated to these efforts are provided.
2
Similarly, supplier reviews are mentioned for environmental and social criteria, but not specifically for animal welfare compliance.
3
There is no information regarding cruelty-free certifications, alternative testing, humane certifications, ethical input substitution, cage-free sourcing, animal testing policies or volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement related to animal welfare.
No War, No Weapons
0
In 2023, the company reported that no conflict minerals were known in the products purchased from the PNE Group.
1
This indicates a high level of compliance with conflict-free sourcing.
Planet-Friendly Business
-10
PNE AG reported Scope 1 and 2 emissions for 2024 as 4,196 tCO₂e (market-based) and 5,426 tCO₂e (location-based).
1
For 2023, total Scope 1 and 2 emissions were 1,104 tCO₂e.
2
The company has not provided Scope 3 emissions data for either year, though it is planned for inclusion from 2025.
3
The company sources 97% of its operational energy consumption from renewables as of 2024.
4
In 2023, 86.1% of its capital expenditure was aligned with the EU Sustainable Taxonomy, increasing to 94.9% in 2024.
5
The company reported no violations of which the Board of Management or Supervisory Board had to be informed in 2023.
6
Respect for Cultures & Communities
0
PNE AG reported EUR 0.6 million in donations and sponsoring activities in its German Group companies in 2024.
1
The company states a preference for working with regional material suppliers and construction companies wherever possible.
2
The 2024 annual report also mentions a Memorandum of Understanding signed in Canada in 2023, guaranteeing cooperation with First Nations and their involvement in infrastructure projects, with similar involvement noted with the Sami people in Sweden.
3
Safe & Smart Tech
0
No evidence available to assess PNE AG on Safe & Smart Tech.
Zero Waste & Sustainable Products
-40
PNE AG mentions waste separation and repowering of wind farms as waste reduction initiatives, indicating 1-2 small-scale initiatives.
1
The company states it has no waste disposal violations in the past three years, demonstrating exemplary compliance. PNE AG also uses ISO 14001 certified suppliers for wind turbines, which implies basic waste requirements for tier-1 suppliers.
2