Foreword

Dear Reader

It gives us great pleasure to present you with our 2024 sustainability report. This document once again describes the efforts and activities undertaken by Repower in Switzerland and Italy in relation to sustainability. This year’s sustainability report is now an integral part of the annual report.

As a group, we have the opportunity to actively advance our sustainability efforts in two countries, share experiences and knowledge across borders, and thus make a positive impact on our business and corporate culture. Since the first edition of our sustainability report in 2021, the Repower Group has gradually expanded its sustainability reporting. While the first edition was published for the entire group, since 2022 we have prepared a separate sustainability report for Repower Italia. This approach allows us to take account of the specifics of the individual markets and the different regulatory requirements while still providing an overall picture of the situation at Repower Group.

From the 2025 financial year, Repower Italia will have to report in accordance with the new EU reporting requirements. Headquartered in Switzerland, the Repower Group must comply with these standards by 2028 at the latest. We are already working on further developing our reporting so that we can harness as many synergies as possible within the group to best meet the challenges of the future.

In the past financial year, the Repower Group took another important step by setting climate targets. The board of directors has adopted ambitious but realistic targets to gradually reduce our direct and indirect emissions (Scope 1 and 2) and achieve net zero by 2050.

Repower has always seen sustainability as an integral part of its identity and strives as far as possible to build sustainable action into its daily work. This document is therefore not only a snapshot of our journey so far, but a declaration of intent regarding the milestones to be achieved in the future.

Gierina Cathomas

Sustainability Expert
Repower Switzerland / Group

Francesca Casagrande

Sustainability Management
Repower Italia