Sustainability at Repower

Dear Reader

This year marks the publication of the third sustainability report of the Repower Group, the first also published in English. The report has naturally evolved since its first publication, and further developments can be expected in the years to come – not only because we at Repower continue to embed sustainability in our business operations as a matter of course, but also because the topic is becoming increasingly relevant and visible. The regulatory requirements in Switzerland and the European Union continue to burgeon and are becoming ever more stringent. With a business rooted in two countries, Switzerland and Italy, Repower is obliged to comply with the reporting rules in both economic regions.

For Repower, sustainability is more than just a buzzword that chimes with the current zeitgeist. Since the earliest years of the business, sustainability has been firmly rooted in our DNA and has continued to evolve over more than a hundred years. Repower started in 1904, back then as Kraftwerke Brusio AG, with the construction of Campocologno hydropower plant. As early as the beginning of the 20th century, the electricity we produced in Valposchiavo was used to electrify some of the industrial companies in the Milan region.

Over our 120-year history, we at Repower have developed into a substantial energy company. Today our portfolio of generation assets in Italy comprises 21 solar power installations, ten wind farms and two hydropower plants as well as a gas-fired combined-cycle power plant used to stabilise the electricity grid. In Canton Graubünden, Repower has 16 hydropower plants and 14 solar power installations of its own that generate electricity, among other things for supply to around 48,000 end-consumers. Repower also successfully trades in electricity and gas, helping ensure the efficient supply of energy in Switzerland and the rest of Europe.

As a business we owe it to our customers, employees, shareholders and the natural environment to continue moving forward in terms of sustainability. For this reason, 2023 marks a further milestone in the history of our company, with the board of directors condensing Repower’s decades-long approach and its DNA in a sustainability strategy embedded in our overall corporate strategy. One of our core strategic themes is “continuing to use sustainability as an opportunity”. Repower sees sustainability as a driving force for innovation that will secure the company’s long-term success and at the same time achieve a positive impact on the environment and society.

The sustainability report describes our ongoing development, transparently and responsibly, allowing all interested stakeholders to track our endeavours and progress. Our primary aim in doing so is not to meet regulatory requirements, but to live up to Repower’s DNA.

Many thanks for your interest in this, the third edition of Repower AG’s sustainability report.

Sustainability report 2023

Dr Monika Krüsi

Chair of the board of directors

Roland Leuenberger

CEO