ESGBELECTRIC’s Commitment to Sustainability

As a leading provider of climate-friendly photovoltaic projects in Europe and Israel, BELECTRIC is dedicated to driving the energy transition. Sustainability is a top priority for us, which is why we continuously work to embed environmental, social, and governance (ESG) principles into our operations.

We want to become a true ESG champion and strive to go beyond legal requirements. We believe that enhanced efforts are needed to combat climate change, protect human rights, and promote social and environmental responsibility. Guided by the UN Sustainable Development Goals (SDG) and the UN Global Compact, we collaborate with stakeholders to drive meaningful change.

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Biodiversity with flowers and butterfly in front of module rows of a solar park

Our ESG mission

Our unwavering commitment to sustainability and responsible business practices defines our core values. The commitment to environment, social, and governance serves as a guiding principle in our decision-making and operations. Our ESG principles form the foundation of our collective dedication to excellence in ESG – a commitment that unites all our executives and colleagues worldwide.

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Providing
environmentally friendly
energy solutions

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Upholding human
rights

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Prioritising ethical
sourcing

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Identifying ESG risks
in our supply chain

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Embracing social
responsibility

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Committed to our Code
of Conduct

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Prioritisation of an open
culture, empathy,
unity, and equity

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Successful certification
according to ISO 14001,
ISO 45001 and ISO 9001

Our ESG Compliance and Reporting

We publish our ESG performance and KPIs annually as part of the consolidated ESG report of our parent company Elevion Group, ensuring compliance with the CSRD and all relevant European, national, and international regulations. Additionally, our holding company CEZ, has earned a Gold EcoVadis Rating, underscoring our group’s dedication to sustainability excellence and strong ESG practices.

Download our ESG report

What we do for ESG

ESG is a top priority topic at BELECTRIC. We take several actions to implement them:

Environment

Our goal is to create a sustainable environment. We are measuring and reducing CO2 emissions as well as fostering biodiversity. Because we have only one world, and we should take care of it.

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Corporate Carbon Footprint​

In 2023, our Scope 1 and market-based Scope 2 CO₂ emissions totaled 1.566,53 tCO₂e, contributing to the Elevion Group overall carbon footprint of 14.962,7 tCO₂e. ​We are continuously developing and enhancing our methodology for calculating Scope 3 emissions — including individual emissions from solar plants construction and maintenance. All information about our Corporate Carbon Footprint is compiled in the ESG report 2023 of Elevion Group.

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Showing a solar park with wind turbines in the back.
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The Road to Decarbonisation​

We have committed to achieving carbon neutrality for Scope 1 and 2 emissions by 2040, with an interim reduction target of 43% by 2035. This ambition is underpinned by our holding company CEZ’s Science-Based Target (SBT), reflecting our overarching commitment to achieving net-zero by 2040.

Get more information in the ESG report 2023 of Elevion Group.

Protecting Nature​

BELECTRIC’s ground-mounted PV systems support biodiversity by transforming intensively farmed land into long-term wildlife habitats. Our solar farms become safe havens for endangered species like birds, dragonflies, and bats, and reduce human impact. By partnering with experts, we strive for lasting positive impacts on biodiversity.

More information on nature compatibility.

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Social

At BELECTRIC, recognising and unlocking the full potential of each employee is a cornerstone of our success. We believe in fostering talent and nurturing growth for everyone, embracing all identities and backgrounds. By establishing diverse teams with a wide range of perspectives and abilities, we promote creativity and innovation.

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Inclusive Environment

We prioritise mutual respect and support, ensuring an inclusive environment regardless of individual characteristics, origin, religion, ability, sexual identity, or orientation* – while maintaining a zero-tolerance policy for discrimination.

*This list is non-exhaustive.

Women of BELECTRIC are celebrating the International Women´s Day

Initiatives for Women

At BELECTRIC, we champion equity through our flexible working hours model, remote work options as well as part-time models – including for executives. Every year, we use International Women’s Day to pay special tribute to our female colleagues and express our gratitude to them. Furthermore, we participated in Girl’s Day 2023.

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Communication & Trainings

We are focusing on internal and external communication, continuously improving inclusive hiring practices, and developing trainings on Diversity, Equity, and Inclusion.

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Female Representation at BELECTRIC

In 2023, women made up 29 % of our executive team across all countries: With this figure, we exceed the average for German medium-sized companies (26 %) and significantly outperform the German energy industry, which reported just 15.5 % in 2021.

In 2023, women made up 29 % of our executive team across all countries: With 29 % female representation in our executive team, we exceed the average for German medium-sized companies (26 %) and significantly outperform the German energy industry, which reported just 15.5 % in 2021.
“At BELECTRIC, we are committed to championing women‘s empowerment and ensuring an inclusive environment where all voices are valued and respected.” Clémence Leclair (ESG Manager)
“Equality and equal rights must be a given, only then can we as a company and modern society grow sustainably and be successful. In the energy sector, we are well ahead in the rankings here, with 29 % of female leaders*. Because competencies and skills are decisive, not gender.” Dr. Thorsten Blanke (CEO) * proportion of female managers in the German Energy Industry: 15.5 % (PwC-Study)
“Everybody at BELECTRIC has the chance to be successful. The only measure is your performance, not your gender.” Ivana Rendlová (Managing Director)
Governance

For us, ethical behaviour is essential – in handling our workforce and across our whole supply chain.

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ESG Evaluation Is the Key

BELECTRIC fosters a culture of zero tolerance towards human rights violations and ensures ethical conduct in all interactions with its workforce and across the value chain. Therefore, we annually evaluate human rights and sustainability risks across our operations and key procurement regions. We continuously improve the monitoring of ESG suppliers and our assessment of suppliers’ sustainability performance, as well as setting clear targets for sustainability assessment.

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Participants and signatories of

UN Global Compact Logo

United Nation Global Compact

The UN Global Compact is a non-binding pact of the United Nations to get businesses and organisations worldwide to adopt sustainable and socially responsible policies, and to report on their implementation.

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Charta der Vielfalt e.V.

The Charta der Vielfalt is a Berlin-based non-profit organisation dedicated to promoting equal opportunities and fostering a work environment free from prejudice.

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UK Modern Slavery Statement

The UK Modern Slavery Statement is a requirement for businesses to publicly disclose the measures to identify, prevent, and address modern slavery and human trafficking within their operations and supply chains.

Solar Stewardship Initiative Member

Solar Stewardship Initiative

Supply chain sustainability assurance initiative dedicated to the needs of the solar PV sector and its customers; with the creation of SSI standards to deliver supply chain traceability solutions tailored to the solar industry.

Contact
Clémence Leclair
ESG Manager