E.ON AG
05/16/2008  11:58 h
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IIGCC Index

The content of our CR reporting is influenced by information requirements from the Institutional Investors Group on Climate Change’s (IIGCC) "Disclosure Framework for Electricity Utilities". As of April 2008, the IIGCC included 39 institutional investors. A large number of the investors active in the body also have E.ON shares in their portfolio. For this reason the information requirements of the IIGCC have influenced our reporting. Links to the corresponding information requirements can be found in the table below.
Content:
* Explanations can be found below the table
Reference:
1-62 CR Report pages
AR Annual Report
BO Business Overview
Picture: Icon: Arrow Link to the respective information
Reference
1. Disclosure on Climate Change Strategy
a. Assessment of the Likely Implications of Climate Policy
Financial and strategic implications of the current and anticipated national and international climate change policy and regulation in each of the countries in which they operate 20-33
Publications/2008AR (56-66, 69)
Impact of measures that could impact the growth in demand for electricity and the opportunities these measures may present for the company 20-33, 42-53
Opportunities that may result from policies on renewable energies 20-33
b. Emission Reduction Targets and Strategy
Greenhouse gas emission targets at group level and where applicable at subsidiary/divisional level* 21-22
Description of the action to abate/offset their CO2 emissions globally
Information weather R&D investment is in place that may result in greenhouse gas emission reductions (e.g. Carbon Capture and clean coal technologies) 28-31
c. Assessment of Changing Weather Conditions on Output
Description how extreme weather events have affected/may affect generating capacity and production and resulting financial implications 38
Description of measures that are in place for dealing with changes in weather conditions 28-31, 36, 38, 41
d. Impact of Carbon Price on Wholesale Power Prices
Extent to which carbon prices are passed through or may in future be passed through into electricity prices in the markets in which the company operates (based on current and planned regulatory requirements) 22
2. Disclosure of Quantitative Data related to Climate Change
Companies should specify whether they use an equity share or a control approach (financial or operational control) for the data required below.
2.1 Capacity and Production Data
Description of the historic, current and planned total installed capacity by fuel type (year-by-year plan over a five year horizon): BO
- New generation including capital expenditures associated with new investments and expected completion dates for new facilities AR (75)
- Plans for fuel switching at existing plants
- Closure of existing plants
2.2 Emissions Inventories
a. Disclosure on Group’s CO2 Emissions
CO2 emissions in specific terms (tons of CO2 per MWh), by country and by fuel type 22
CO2 emissions in absolute terms (total tons of CO2), by country and by fuel type 21
Explanations for any changes in the emissions profiles (e.g. installation of new generating capacity, closure of existing plants) 21
b. Accuracy of Reported Emissions
Disclosure of the methodology to calculate the CO2 emissions* 58
Explanation of how data accuracy is ensured* 58
2.3 Emissions Allowances and Credits
a. Amount of Free Emission Allowances and Allocation Methodologies
Quantity of EU Emissions Allowances received for Phase I of the EU Emissions Trading System (for each of the countries in which the company operates)
Quantity of EU Emissions Allowances received for Phase II (2008-2012) of the EU Emissions Trading System (for each of the countries in which the company operates)
Quantity of EU Emissions Allowances received for Phase I of the EU Emissions Trading System (for each of the countries in which the company operates)
Participation in any emission trading schemes
Potential CO2 emission reduction targets required by them*
b. Participation in Clean Development Mechanism (CDM) and Joint Implementation (JI) Projects
Total amount of Kyoto credits (Emission Reduction Units (ERUs) for JI projects and Certified Emissions Reductions (CERs) for CDM projects)
Amount of credits from direct participation in JI/CDM projects
Amount of credits from carbon funds
Credits expected from HFC projects*
1b There is a groupwide reduction target which is binding for all market units. On top of that, some market units, like E.ON UK, have targets that go even further (see http://www.eon-uk.com/about/What%20we%20are%20doing%20in%20our%20Generation%20activities.aspx).
2.2b The figures are recorded based on data collection approaches within the scope of the emissions trading system. CO2 data was subject to an independent audit (see CR Report 2007, p. 58).
2.2b CO2 data was subject to an independent audit (see CR Report 2007, p. 58).
2.3a In May 2007 E.ON set the target to reduce the E.ON Group’s CO2 emissions to 360 grams per generated kilowatt-hour, half the 1990 figure.
2.3b E.ON is not involved in projects like this.
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Institutional Investors Group on Climate Change