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Disclosure

21 Mar 2022

Author:
Uniper

Uniper response

...Uniper continuously assesses ESG risks that could arise from its operations through its systematic due diligence process. ESG risk management is part of our overall enterprise risk management. Uniper has measures in place to control, minimize, and mitigate the ESG risks it identifies...

The ESG task force has prioritized the risks for Uniper and for our operations with specific counterparties due to the ongoing events. As first step, Uniper will not enter into new long-term supply contracts for natural gas with Russia. In the short term, we are aware that existing and significant business relations with companies providing financial means to the Russian government could be seen as indirect contribution to the ongoing situation in Ukraine...

Taking in consideration also that we cannot discontinue the gas supply to Germany and other countries in the EU, we acknowledge there is no practicable way – as individual company – to influence the ones causing the negative impacts on civilians, but only to mitigate harm at the moment...

Timeline

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