Eolus’ fundamental business concept is to create opportunities to invest in renewable energy for a sustainable future. Through our business concept, we promote the sustainable development goals and the transition to a fossil fuel-free energy system.
The starting point for our sustainability efforts is to leverage the opportunities that sustainable enterprise entails, and to minimize the potential negative effects of our operations. In Eolus’ operations, all aspects of sustainability are relevant and important, which is why we engage actively with the environment, social responsibility and corporate governance.
Project development and permitting of renewable energy facilities are subject to a number of laws and regulations. We are responsible for how our operations impact the environment, and environmental issues are treated as a natural part of our operations.
As a company, we are responsible for our impact on society and on the people who are affected by our projects. That is why we are actively engaged with influencing our supplier chain and are in continual dialogue with our stakeholders.
Our sustainability efforts are rooted in the UN Sustainable Development Goals, four of which we have identified as goals with the most relevance for Eolus. As a company, we can make significant contributions toward these goals.
The Board of Directors is ultimately responsible for the management of Eolus, which also includes issues related to sustainable enterprise. Sustainability must permeate the company’s operations, and the CEO is responsible for implementing the decisions and strategies of the Board, supported by Eolus’ Group Management. Eolus’ sustainability efforts are built on the OECD Guidelines for Multinational Enterprises, as well as the principles in UN's Global Compact and are governed by our Code of Conduct and a number of policies.
Eolus has issued a Sustainability Report since 2017/2018. We want our sustainability reports to be open and transparent, and we are therefore actively engaged in expanding our sustainability reporting. Sustainability rankings have become increasingly important for our stakeholders, and Eolus is evaluated annually by a number of entities.