Energie Baden-Württemberg AG

Unverified
Sector
Low Carbon Transport Marine Renewable Energy Solar Wind
Website
spowidget.iss-corporate.com
7 Second Party Opinions
1 Certification
XFID Type Title Year Source Retrieved
XF-AP7NODB-4 Second Party Opinion 10 October 2018 2018 spowidget.iss-corporate.com 20 Mar 2026
XF-EQP8M6S-L Second Party Opinion ISS ESG Second Party Opinion — Energie Baden-Württemberg AG 2019 spowidget.iss-corporate.com 20 Mar 2026
XF-3SOH752-B Second Party Opinion ISS ESG Second Party Opinion — Energie Baden-Württemberg AG 2020 spowidget.iss-corporate.com 20 Mar 2026
XF-XP1240N-J Second Party Opinion ISS ESG Second Party Opinion — Energie Baden-Württemberg AG 2022 spowidget.iss-corporate.com 20 Mar 2026
XF-H2R3N70-M Second Party Opinion PRE-ISSUANCE CLIMATE BONDS 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-G524JKE-2 Second Party Opinion ISS ESG Second Party Opinion — Energie Baden-Württemberg AG 2023 spowidget.iss-corporate.com 20 Mar 2026
XF-6R4RJ6F-L Second Party Opinion ISS ESG Second Party Opinion — Energie Baden-Württemberg 2024 spowidget.iss-corporate.com 20 Mar 2026
XF-C28R12P-A Certification Energie Baden-Wurttemberg (EnBW) — UoP Verifier Report (Low Carbon Transport Marine Renewable Energy Solar Wind) 2018 www.climatebonds.net 13 Mar 2026

XF Company Profile

Extra-financial information found across 8 documents in the XframeworkID registry

NACE D Electricity, Gas & Steam Supply

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Energie Baden-Württemberg AG (EnBW), Germany SPO 2023
Issuer sector/industry classification
Electricity, Gas & Steam Supply SPO 2023
Issuer type
Utility SPO 2023

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Institutional Shareholder Services (ISS), 14 November 2023 SPO 2023
SPO assessment scope and methodology
Pre-issuance verification of Green Finance Framework and Eligibility Criteria; alignment with ICMA Green Bond Principles, LMA Green Loan Principles, EU Taxonomy, and proposed EU Green Bond Standards SPO 2023

Green / Sustainable Finance Framework

Framework publication date and update history
October 31, 2023 (4th SPO Update as of August 26, 2022) SPO 2023
Sustainable bond framework name and version
EnBW Green Finance Framework SPO 2023
Bond types covered under framework
Green Financing Instruments SPO 2023

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Green Bond Principles (June 2022) as administered by ICMA SPO 2023
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Green Loan Principles (February 2023) as administered by LMA SPO 2023
Alignment with EU Taxonomy for sustainable activities
EU Taxonomy Delegated Act (June 2023) SPO 2023

Changes Over Time

Items where disclosed information changed across documents.

Second Party Opinion (SPO) provider name and assessment date
2018 ISS-oekom, 10 October 2018
2019 ISS-oekom, 22 July 2019
2020 ISS ESG (Institutional Shareholder Services), 12 June 2020
2023 Institutional Shareholder Services (ISS-Corporate), 14 November 2023
Alignment with ICMA Green Bond Principles
2018 Aligned
2019 Assessed as part of SPO
2020 Assessed in SPO as part of Green Bond Principles evaluation
2022 Green Bond Principles (June 2022)
2023 Yes, aligned with Green Bond Principles as administered by ICMA (June 2021 with June 2022 Appendix)
SPO assessment scope and methodology
2018 Definition of Green Bond KPIs, analysis of alignment to ICMA Green Bond Principles, evaluation of compliance with ISS-oekom Green Bond KPIs, review and classification of sustainability performance
2019 Assessment of three core elements: EnBW's Green Bond framework benchmarked against International Capital Market standards, Sustainability Quality of the Green Bond Asset Pool, and Assessment of EnBW's ESG Performance
2020 Assessment of Green Bond Principles compliance, sustainability quality of green bond asset pool, and issuer ESG performance; covers wind energy (onshore) and solar energy (photovoltaic)
2023 Pre-issuance verification of ENBW Green Finance Framework and Eligibility Criteria
Eligible use-of-proceeds categories
2018 Solar power assets and charging stations identified
2020 Wind energy generation (onshore) and solar energy generation (photovoltaic)
Alignment with UN Sustainable Development Goals
2019 Assessed and included in SPO
2020 Assessed and documented in SPO
Bond types covered under framework
2019 Green Bond
2022 Green Financing Instrument