CEOforLIFE

CONTACTS

No Result
View All Result
CEOforLIFE
Collective Meeting
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN
CEOforLIFE
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN
No Result
View All Result
CEOforLIFE
Home CEOforLIFE AWARDS GLOBAL GERMANY

Four drivers for RWE

RWE – market leader in its core markets

29 October 2021
Reading Time: 4 mins read
0 0
Four drivers for RWE
0
SHARES
4
VIEWS
Share on LinkedinShare on Twitter

“After spending one week as RWE’s new CEO, will May be the season of change? Not at all. The course that we set when we fundamentally restructured RWE was the right one. RWE is currently in a good position in strategic, economic and financial terms. We are a driver of the energy transition and are investing more than 90 percent of our capital in renewables and storage technology. In 2020, we spent €1.9 billion on offshore and onshore wind energy and solar plants alone. We are also examining the entire value chain for green hydrogen. Our company encompasses everything that makes up the energy transition. We are systematically and responsibly phasing out nuclear energy and coal and intensively expanding renewables. We will get to net zero carbon emissions by 2040. There is no reason to turn back now. RWE’s transformation is under way. Together with my colleagues, I want to ensure that our company grows even stronger. 

Four points are particularly important:   

  • Anchoring sustainability with more clarity and breadth in the company 
  • Being a market leader in our core markets 
  • Being a partner for the decarbonisation of other sectors 
  • Positioning RWE as one of the most attractive employers 

1. Sustainability ­– a top priority for me 

Many states recently announced their intention to step up their climate targets at the climate summit of U.S. President Biden. Following the ruling by the Federal Constitutional Court, the debate has picked up pace once again in Germany. It is encouraging that the shift towards a sustainable society is perceived as driving growth in economic development and prosperity. Sustainability can and should stimulate industry and the economy. It has long been an indicator of social acceptance and the commitment of investors. 

At RWE, sustainability is a key component of the company strategy. Now we want to raise the bar even higher and integrate the issue into all decision-making processes. This will enable us to extend our goal of reaching net zero carbon emissions by 2040 to all company operations. This is referred to as Scope 1-3 among experts. Put simply, we previously focused on CO2 emissions from electricity generation. Now we are examining all areas. 

This will have a tangible impact on the working day at RWE. Every individual should ask themselves the following questions: What can I do to improve sustainability? Is a business trip really necessary? Are we mindful enough of this issue in purchasing, in building management or in selecting our business partners? “Our energy for a sustainable life” is a high standard we consciously set for ourselves. The company must live up to it – and we are all the company. 

2. RWE – market leader in its core markets 

We have traditionally been a market leader in our core markets. However, both our business and the company itself are currently undergoing a fundamental transformation, which involves responsibly phasing out old technologies and resolutely developing new ones. But no one yet knows exactly what the energy world of the future will look like. Although the prospects for renewables and short-term storage are clearly recognisable, there is still much that needs to be clarified with regard to matters such as zero-carbon security of supply, the structuring of the hydrogen economy and decarbonisation of industry, especially in the regulatory environment.

At RWE, we have a key advantage in our setup. We master all aspects of the described value chain. And our goal of market leadership is based on this. One example is offshore wind where we aim to strengthen our position as a global leader. Technologies are global but energy markets are national. This is why the goal of market leadership also extends to regional markets, across the different businesses of renewables, flexible backup capacity, storage, hydrogen economy and customer solutions. Besides Germany, we are focusing on markets in the European Union, Great Britain and the USA. 

3. RWE – partner for the decarbonisation of industry 

RWE has changed radically and very rapidly. We have shown how transformation can be successfully achieved. We want to share this experience with others even more intensively in the future, as a partner to industry. We must succeed in achieving zero-carbon production and maintaining the competitiveness of the location of industry. We will contribute our expertise to this endeavour. Green electricity, storage technologies and hydrogen are appropriate means to drastically reduce carbon emissions. In 2020, German industry alone emitted around 180 million tonnes. Decarbonisation partnerships are needed to reduce emissions quickly and as efficiently as possible. I firmly believe that the mammoth task of an energy transition to preserve Europe’s industrial base can only be achieved with close cross-sector cooperation. 

4. Attractive employer – top talents

RWE has a lot to offer its employees. We give them the opportunity to help shape the energy transition and make a real difference, as part of (often) international teams with flat hierarchies who push forward worthwhile and valuable projects independently. This requires the best and brightest minds. We want to attract them like a magnet. Last year we were very successful in this respect. 1,000 new employees joined us and now strengthen our #TeamRWE, which is made up of more than 60 nationalities and operates in more than 20 countries. They all need to find a future in the company so that they can contribute to the best of their abilities. Besides talent recruitment, talent development is really important to me.

These four drivers will make RWE even stronger. I spoke to journalists about this last week. At the start of my first interview as CEO, one of them jokingly asked me if I wanted to put my feet up since things were going so well at RWE. I then explained our vision to him and it quickly became clear that the opposite was true. We’ve got our hands full. And we’re looking forward to things really picking up now”.  

 

CEOforLIFE – We promote life. We support the SDGs.
Source: Markus Krebber
Via: Markus Krebber
Tags: GermanySDGs9
Next Post
Energy from nature

Energy from nature

Comments 1

  1. Claudia says:
    4 months ago

    Heya i’m for the first time here. I found this board and I find It really useful & it helped me out a
    lot. I am hoping to give something back and help others like you aided me.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

  • Tesco and WWF to dish out grants for sustainable food supply chain innovations

    Tesco and WWF to dish out grants for sustainable food supply chain innovations

    0 shares
    Share 0 Tweet 0
  • This Climate Positive City Will Produce More Energy and Food Than It Consumes

    0 shares
    Share 0 Tweet 0
  • Three Vestas Leaders Among Top 100 Women In Wind

    0 shares
    Share 0 Tweet 0
  • With a carbon net-negative goal, Bain expands its sustainability mission

    0 shares
    Share 0 Tweet 0
  • Refurbishing Components For Wind Turbines Significantly Reduces CO2 Emissions

    0 shares
    Share 0 Tweet 0
  • Trending
  • Comments
  • Latest
Enerkem achieves a major breakthrough by producing sustainable aviation fuel from local forest biomass

Enerkem achieves a major breakthrough by producing sustainable aviation fuel from local forest biomass

2 March 2022
Bladeless Wind Turbines Could Be The Future Of Green Energy

Bladeless Wind Turbines Could Be The Future Of Green Energy

14 January 2022
Enerkem project recommended for funding in CRIN Low Emission Fuels and Products Technology competition

Enerkem project recommended for funding in CRIN Low Emission Fuels and Products Technology competition

1 March 2022
Travin Singh | CEO -Singapore startup CRUST raises funding to expand in Japan, turns bread and food waste into drinks

Travin Singh | CEO -Singapore startup CRUST raises funding to expand in Japan, turns bread and food waste into drinks

6 December 2021
Wiggling Wind Power

Wiggling Wind Power

Bladeless wind turbine that vibrates to generate power could save more than 500,000 birds killed each year by spinning blades, experts say

Bladeless wind turbine that vibrates to generate power could save more than 500,000 birds killed each year by spinning blades, experts say

What is a “carbon border adjustment mechanism”?

What is a “carbon border adjustment mechanism”?

Class A biosolids and the future of biosolids management

Class A biosolids and the future of biosolids management

This Climate Positive City Will Produce More Energy and Food Than It Consumes

This Climate Positive City Will Produce More Energy and Food Than It Consumes

13 May 2022
How Arab fashion is embracing the sustainability bandwagon

How Arab fashion is embracing the sustainability bandwagon

12 May 2022
With a carbon net-negative goal, Bain expands its sustainability mission

With a carbon net-negative goal, Bain expands its sustainability mission

11 May 2022
Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability

Guess, Inc. confirms a 250 million euro credit facility dedicated to sustainability

10 May 2022

EDITORIAL BOARD

  • About us
  • Join
  • The Magazine

CATEGORIES

  • SDGs
  • CEOforLIFE AWARDS
  • NOMINATION
  • JOIN
Read the magazine
No Result
View All Result
  • CEOs
    • CEOs HUB
    • CEOs TALKS
    • CEOs AGENDA
    • CEOs MAGAZINE
  • SDGs
    • PROJECTS
    • FORUM
    • AMBASSADORS
    • INSTITUTIONS
  • NOMINATION
    • NOMINATION by Countries
    • NOMINATION by SDGs
  • CEOforLIFE AWARDS
    • Global Awards 2022 – Emirates
  • COUNTRIES
    • GLOBAL
      • AUSTRALIA
      • DENMARK
      • GERMANY
      • ITALY
      • JAPAN
      • MALAYSIA
      • SINGAPORE
      • SPAIN
      • SWITZERLAND
      • UNITED ARAB EMIRATES
      • UNITED KINGDOM
      • UNITED STATES
  • VISION
    • HOW IT WORKS
    • MANIFESTO
    • MISSION
  • JOIN

© 2021 CEOforLIFE AWARDS

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.