DGAP-News: Pacifico Renewables Yield AG / Key word(s): Sustainability
Pacifico Renewables Yield AG publishes first sustainability report
2021-06-29 / 07:00
The issuer is solely responsible for the content of this announcement.
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Pacifico Renewables Yield AG publishes first sustainability report
- Reporting in accordance with Global Reporting Initiative standards
- Definition of sustainability strategy with specific topics, initiatives and targets
Grünwald, June 29, 2021 - Pacifico Renewables Yield AG (ISIN: DE000A2YN271) (the "Group", "Pacifico Renewables"), an
independent energy producer from renewable, today published its first sustainability report (the "Report"). The Report
describes the Group's stakeholder engagement process to identify material sustainability topics, its corporate values,
its commitment to advancing the United Nations Sustainable Development Goals, and its contribution to meeting the goals
of the Paris Climate Agreement. In addition, the Report provides an overview of Pacifico Renewables' governance and
presents its sustainability strategy, which is derived from the Group's sustainability framework. The framework
addresses three main pillars: delivering renewable energy in a sustainable and efficient way, fostering talent,
communities and digitalization, and be a responsible renewable energy platform. Each of these pillars includes material
sustainability topics and corresponding targets, performance measures and initiatives, as well as their contribution to
the United Nations Sustainable Development Goals.
Christoph Strasser, Co-CEO: "We are pleased to provide our stakeholders with insights into our sustainability
activities and to present our sustainability strategy. In addition, we have set explicit targets against which we will
measure our progress and report on annually going forward."
With this Report, Pacifico Renewables has achieved its stated goal of publishing a sustainability report for fiscal
year 2020 based on the Global Reporting Initiative Standards ("GRI")^[1], one of the world's most widely recognized and
comprehensive sustainability reporting standards.
Martin Siddiqui, Co-CEO: "We want to continuously expand our contribution to a more sustainable future, not only by
producing 82 GWh of "green" electricity, as we did last year, but also by acting as a responsible part of society. As a
former competitive athlete, I am particularly proud that we support the "Sprungbrett Zukunft" initiative in cooperation
with the Stiftung Deutsche Sporthilfe. Thereby we offer young top athletes the opportunity to gain professional
experience during short-term internships with flexible working hours while following demanding training schedules."
About Pacifico Renewables Yield AG
Pacifico Renewables Yield AG is an independent energy producer listed on the open market of the Dusseldorf Stock
Exchange with additional requirements (Primärmarkt) (ISIN: DE000A2YN371) with the aim of building up a gradually
growing portfolio of plants for energy generation from renewable sources. With operational wind and photovoltaic power
plants spread across Europe, the Group offers a clear and diversified profile with stable and predictable earnings.
Disclaimer
This press release may contain certain forward-looking statements, estimates, opinions, and forecasts concerning the
future business situation, earnings situation, and results of Pacifico Renewables Yield AG ("forward-looking
statements"). Forward-looking statements can be identified by words such as "believe", "estimate", "anticipate",
"expect", "intend", "will", or "should" and their negation and similar variations or comparable terminology.
Forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on
the current opinions, forecasts and assumptions of the Management Board of Pacifico Renewables Yield AG and involve
significant known and unknown risks and uncertainties, therefore actual results, performance and events may differ
materially from those expressed or implied by forward-looking statements. Forward-looking statements contained herein
should not be construed as guarantees of future performance or results and are not necessarily reliable indicators of
whether or not such results will be achieved. The forward-looking statements contained in this release are only valid
on the date of this publication. We will not update the information, forward-looking statements or conclusions
contained in this release in light of subsequent events or circumstances, nor will we reflect subsequent events or
circumstances or correct inaccuracies that arise after the date of this release as a result of new information, future
developments or otherwise, and we do not assume any obligation to do so. We do not assume any responsibility whatsoever
that the forward- looking statements or assumptions contained herein will occur.
^[1] Global Reporting Initiative Website: https://www.globalreporting.org/
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2021-06-29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Pacifico Renewables Yield AG
Bavariafilmplatz 7, Gebäude 49
82031 Grünwald
Germany
E-mail: ir@pacifico-renewables.com
Internet: www.pacifico-renewables.com
ISIN: DE000A2YN371
WKN: A2YN37
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Tradegate Exchange
EQS News ID: 1212940
End of News DGAP News Service
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1212940 2021-06-29
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June 29, 2021 01:02 ET (05:02 GMT)