Basics
As part of the Exemplary Energy and Climate (EEC) initiative, providers of publicly relevant services and institutional investors are contributing to the Energy Strategy 2050 and the 2015 Paris Agreement. The focus is on energy efficiency, renewable energies and climate-friendly financial flows.
The providers of publicly relevant services are pursuing individual targets by 2026 and 2030 for energy efficiency, green electricity production, renewable heating and cooling, and renewable transport fuels. The goal is for the proportion of electricity from renewable sources to be 100 per cent for all these providers by 2026. In order to reach these targets, the participants are implementing 15 joint measures and a number of individual measures.
The institutional investors are setting themselves targets for their investments in order to make them compatible with the Paris Agreement. Among other things, this includes companies being called on to operate in a more climate-friendly way by the participating pension funds and insurance companies that invest in them. They are also continuously reducing the greenhouse gas emissions of the directly held real estate in their portfolio.
All participants report transparently on their target achievement and share their experiences so that other companies and organisations can use this information as a guide.
The Exemplary Energy and Climate initiative started in 2013 with an initial agreement on targets for 2020. The ten initial participants outperformed their targets for the first phase: they increased their energy efficiency by more than 30 per cent compared to 2006 and increased the proportion of their total energy consumption coming from renewables from 36 per cent (2006) to 60 per cent (2020).