Sustainability and Corporate Social Responsibility

In September 2015, the 17 SDG Goals were adopted by the United Nations General Assembly in New York. The 17 Sustainable Development Goals (SDGs), unanimously adopted by 193 countries, set a new universal standard for sustainable development designed to end poverty, address inequalities and combat climate change by 2030. The objectives and indicators behind the goals provide a benchmark for measuring success.

Since its foundation, PV-Invest has stood for sustainable and profitable investments in photovoltaic and small hydropower plants. An essential part of the corporate philosophy is aimed at combating climate change and its consequences.

Good Health and Well-Being

Sustainable Development Goal 3.
Ensure healthy lives and promote well-being for all at all ages.

Photovoltaic power generation and small hydropower are extremely effective and efficient, and the ecological footprint is low. Both technologies will rarely produce emissions and greenhouse gases throughout their life cycle. This will reduce the pollution and contamination of the air, water and soil, and increase people’s health and well-being.

Affordable and clean energy

Sustainable Development Goal 7.
Ensure access to affordable, reliable, sustainable and modern energy for all.

Every commissioning of a photovoltaic and small hydropower plant provides the population with electricity from a renewable energy source. The increasing number of photovoltaic power plants is already providing grid parity (i.e., equal and even lower costs for solar power as for electricity from conventional energy sources).

Decent Work and
economic Growth

Sustainable Development Goal 8.
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

The increasing digitization and electrification of many industrial sectors is causing a steadily increasing demand for electricity. Photovoltaic and small hydropower plants provide an excellent basis to meet this need in a resource-saving manner.

Industry, Innovation and Infrastructure

Sustainable Development Goal 9.
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

The increasing use of photovoltaic and small hydropower plants ensures a sustainable as well as future-proof energy infrastructure, thus ensuring affordable and equal access to this infrastructure. The use of off-grid solutions also offers the possibility of supplying areas without (sufficient) connection to the electrical grid. At the same time, this ensures an efficient use of resources.

Sustainable Cities and
Communities

Sustainable Development Goal 11.
Make cities and human settlements inclusive, safe, resilient and sustainable.

Sustainable urban and residential construction calls for reducing the environmental impact and improving the quality of the air in urban areas. Electromobility and the necessary provision of clean energy are essential components of contemporary urban planning. With photovoltaic power plants, it is possible to produce and supply the electricity right where it is needed.

Responsible Consumption and Production

Sustainable Development Goal 12.
Ensure sustainable consumption and production patterns.

Electric energy is already one of the most important production and consumer goods. For resource-efficient and sustainable production, technologies such as photovoltaic and small hydropower plants as well as the use of other renewable energies are indispensable. By raising awareness and providing relevant information, sustainable and efficient resource consumption is promoted.

Climate Action

Sustainable Development Goal 13.
Take urgent action to combat climate change and its impacts.

Climate change, limited reserves of fossil fuels and a globally increasing energy demand require new ways of supplying energy. Renewable energies such as photovoltaics and hydropower use the inexhaustible power of nature and represent an attractive alternative to conventional power generation. We have set ourselves the task of exploiting this enormous potential of renewable energies.

respACT – austrian business council for sustainable development is Austria’s leading corporate platform for Corporate Social Responsibility (CSR) and Sustainable Development. The association supports its currently around 300 member companies in achieving ecological and social goals economically and on their own responsibility. www.respact.at

We always strive to develop ourselves in terms of sustainability and CSR. Therefore, PV-Invest has been a member of respACT since 2019.

Sustainability ratings are an important benchmark for the assessment of holistic and future-oriented corporate governance as well as performance in the area of corporate sustainability. As such, they are an essential tool for the investment decisions of sustainably oriented investors.

The PV-Invest was rated for the first time in 2019 by the Austrian rating agency rfu and achieved the status “rfu Qualified” with an excellent rating result of “ab”.The full rating report can be found here.

rfu is an Austrian company specializing in sustainable investment and in particular sustainability analysis. The best companies in this regard are awarded the “rfu Qualified” status and are included in rfu’s sustainable investment universes.

The association Energieforum Kärnten was founded in 2009 as a platform for sustainability. The aim is to contribute to the sustainable development of our society.

In December 2019, PV-Invest was awarded the EFK Certificate for Sustainability.

Find further information about the Energieforum Kärnten here.