Mark ten phased out11/20/2023 The process involves decarbonisation, the phase-out of coal and nuclear energy in a responsible manner, and investment in renewables. We are working with RWE on its energy transition. Its activities are divided into three areas: lignite (coal) and nuclear, European power, and supply and trading. RWE is a German utility company that has been supplying energy for over 120 years. We take a look at an energy company to see what progress it is making on its sustainability journey. As heavy carbon emitters, their transition will be longer and costlier than others. But it is clear that this process is much easier for some companies than for others.Įnergy companies, for example, have a big task on their hands. We are acutely aware of our responsibility to support the decarbonisation process and to finance climate solutions.
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