Uniper
Uniper SE
Uniper SE was founded in 2016, formed by the separation of E.ON's conventional generation and international energy trading business into a new independent company [1]. After the separation became effective on January 1st 2016, Uniper assumed control of the energy company's fossil fuel assets, hydro assets and global energy trading activity, while E.ON shifted its focus to renewables, energy networks, and energy efficiency services [2] [3]. As of 2021, the company has 11,494 employees and has operations in more than 40 countries [4] [5]. The corporate headquarters of the company are in Düsseldorf, Germany [6]. In 2021, Uniper SE reported a net income of 906 million euros [7].
Uniper (Benelux)
Uniper Benelux N.V., stylized as Uniper, is a subsidiary of the German Uniper SE, with its headquarters in Rotterdam, The Netherlands [8]. E.ON Benelux passed into Uniper Benelux in 2016, subsequent to the separation of Uniper SE and E.ON into two separate companies. Following this separation, E.ON transferred its coal and gas-fired power stations in Belgium and The Netherlands to Uniper in 2016 [9]. E.ON became active in the Netherlands after the acquisition of Elektriciteitsbedrijf Zuid-Holland (EZH) for a sum of 1.1 billion euros. In 2005, E.ON Benelux bought the supply company NRE Energie and Q-Energy in Eindhoven [10]. Uniper Benelux produces electricity, heat and steam in The Netherlands and has four locations across the country (Maasvlakte, Rotterdam, The Hague and Leiden) [11]. The Uniper Energy Hub Maasvlakte produces energy on an industrial scale and plays an important role in The Netherlands, providing up to 7% of the total electricity demand [12]. Rotterdam ('RoCa', Rotterdam/Capella aan den Ijssel), The Hague and Leiden have city power stations that focus on the reliable supply of energy in the built environment [13]. In The Netherlands, approximately 300 people are employed for Uniper [14]. While Belgium does not have any production plants for Uniper Benelux, its products are supplied to the business-to-business market [15].
Company Structure
Uniper is a private company that operates in many countries, most notably in Germany, Sweden, the United Kingdom, Belgium, The Netherlands, Russia and Hungary [16]. Additionally, the company has offices in several international locations, namely Turkey, Azerbaijan, Canada, Singapore, the United States, India and the United Arab Emirates, to support their activities outside of Europe [17].
Uniper SE works with two boards: the Management Board and the Supervisory Board. The Management Board consists of four members and represents the company vis-á-vis third parties. They determine and update business objectives, fundamental strategic orientation, corporate policy and group organization [18]. The Management Board is appointed by and reports to the Supervisory Board [19]. Besides supervising and advising the Management Board, the Supervisory Board is directly involved in decisions that are of fundamental importance to the company. The Supervisory Board consists of twelve members, of which six members are elected by the General Meeting of Shareholders and six members are elected by the employees [20].
There is no elaborate information available on the leadership structure at Uniper Benelux. However, what is known is that Pieter van Stratum, Dyonne Rietveld and Yolande Verbeek are on the Management Board.
Who has influence on what? Private or public company? Why is hq in the Netherlands? Any important subsidiaries or daughter companies?
Management Board
Name | Function |
---|---|
Pieter van Stratum | Managing Director |
Dyonne Rietveld | Managing Director |
Yolande Verbeek | Managing Director & Chief Operating Officer (COO) |
Name | Function |
---|---|
Klaus-Dieter Maubach | Chief Executive Officer (CEO) |
Tiina Tuomela | Chief Financial Officer (CFO) |
David Bryson | Chief Operating Officer (COO) |
Niek den Hollander | Chief Commercial Officer (CCO) |
In most cases, no information on remuneration of the management board is made public.
Supervisory Board
Name | Function | Remuneration x1000 EUR |
---|---|---|
Markus Rauramo | Chairman | 210 EUR |
Dr. Bernhard Günther | Deputy Chairman | 140 EUR |
Prof. Dr. Werner Brinker | Member | 85 EUR |
Judith Buss | Member | 140 EUR |
Esa Hyvärinen | Member | 70 EUR |
Nora Steiner-Forsberg | Member | 70 EUR |
Name | Function | Remuneration x1000 EUR |
---|---|---|
Harald Seegatz | Deputy Chairman | 140 EUR |
Oliver Biniek | Member | 105 EUR |
Barbara Jagodzinski | Member | 85 EUR |
Victoria Kulambi | Member | 70 EUR |
André Muilwijk | Member | 105 EUR |
Immo Schlepper | Member | 85 EUR |
Accountant
The independent auditor of Uniper is PriceWaterhouseCoopers (PWC) [27].
Main Activities
In a few sentences, describe the core activities of the company. In a bit more detail than in the introduction.
Government
Uniper does not have royal status [28]. Uniper has not received NOW support from the Dutch government [29].
Paris Agreement to Today
What has company done or refused to do since the Climate Accord of Paris? Per company, where applicable refer to research on the benefits of fossil companies in the form of subisidies etc.
Financial Results since 2015
This tabel is meant to indicate that the companies have plenty of money to make their company more sustainable. Clearly distinguish between Dutch data and international data.
Year | Revenue | Profit | Dividend |
---|---|---|---|
2015 | XXX Billion EUR | XXX EUR | XXX EUR |
2016[30] | 67,285 Million EUR | XXX EUR | 201 Million EUR |
2017[31] | XXX Billion EUR | XXX EUR | 271 Million EUR |
2018 | XXX Billion EUR | XXX EUR | XXX EUR |
2019 | XXX Billion EUR | XXX EUR | XXX EUR |
2020 | XXX Billion EUR | XXX EUR | XXX EUR |
2021 | XXX Billion EUR | XXX EUR | XXX EUR |
Scandals and controversies
Any dirt on the companies can be added here.
Current Emissions
Description of the emissions per scope. Critical analysis of (missing) information based on GHG protocol (probably most relevant for scope 3). Describe possible reduction trends.
Scope 1 | Scope 2 | Scope 3 |
---|---|---|
XXX Megatonnes of CO2 (2020) | XXX Megatonnes of CO2 (2020) | XXX Megatonnes of CO2 (2020) |
Climate Policy and Plans
Description of the climate plans and policy of the company, with special focus on the goals for 2030 and 2050. Make sure to include the baseyear for their targets. Do the goals take the entire company and all scopes into account?
Due Diligence
Keep the broader context in mind. Is the company integer when it comes to deforestation, palm oil, biodiversity, human rights etc etc? Be critical in the sources used here.
Conclusion
Recap of the position and influence of the company. Are the climate plans of the company enough to be in line with goals of the Paris Agreement? Is the company doing enough? Are the companies targets realistic?
References
- ↑ https://www.eonenergy.com/about-us/uniper.html
- ↑ https://www.theguardian.com/environment/2016/jan/04/eon-completes-split-of-fossil-fuel-and-renewable-operations
- ↑ https://ir.uniper.energy/uniper/pdf/English/EON_joint_spin-off_report_EN.pdf
- ↑ https://ir.uniper.energy/download/companies/uniperag/Annual%20Reports/DE000UNSE018-JA-2021-PN-EQ-E-00.pdf
- ↑ https://www.uniper.energy/company/about-us/our-profile
- ↑ https://ir.uniper.energy/download/companies/uniperag/Annual%20Reports/DE000UNSE018-JA-2021-PN-EQ-E-00.pdf
- ↑ https://ir.uniper.energy/download/companies/uniperag/Annual%20Reports/DE000UNSE018-JA-2021-PN-EQ-E-00.pdf
- ↑ https://www.uniper.energy/benelux/#contact
- ↑ https://nos.nl/artikel/2131524-energiereus-eon-stoot-kolencentrales-af
- ↑ https://www.pricewise.nl/energieleverancier/eon/benelux/
- ↑ https://www.uniper.energy/benelux/#strategie
- ↑ https://www.uniper.energy/benelux/#maasvlakte
- ↑ https://www.uniper.energy/benelux/#strategie
- ↑ https://www.uniper.energy/benelux/#strategie
- ↑ https://www.uniper.energy/company/locations/benelux
- ↑ https://www.uniper.energy/company/locations
- ↑ https://www.uniper.energy/company/locations/other-countries
- ↑ https://ir.uniper.energy/websites/uniper/English/6100/management-board.html
- ↑ https://ir.uniper.energy/websites/uniper/English/6100/management-board.html
- ↑ https://www.uniper.energy/company/about-us/leadership
- ↑ https://www.linkedin.com/feed/update/urn:li:activity:6806565203573030912/
- ↑ https://www.uniper.energy/company/about-us/leadership
- ↑ https://ir.uniper.energy/websites/uniper/English/6200/supervisory-board.html
- ↑ https://ir.uniper.energy/uniper/pdf/2021-03-08_Uniper_Compensation_System_Supervisory_Board_EN.pdf
- ↑ https://ir.uniper.energy/websites/uniper/English/6200/supervisory-board.html
- ↑ https://ir.uniper.energy/uniper/pdf/2021-03-08_Uniper_Compensation_System_Supervisory_Board_EN.pdf
- ↑ https://ir.uniper.energy/download/companies/uniperag/Annual%20Reports/DE000UNSE018-JA-2021-PN-EQ-E-00.pdf
- ↑ https://www.koninklijkhuis.nl/onderwerpen/onderscheidingen/predicaat-koninklijk/overzicht-predicaat-koninklijk
- ↑ https://www.uwv.nl/overuwv/Images/uwv-register-now-vijfde-aanvraagperiode.pdf
- ↑ https://ir.uniper.energy/download/companies/uniperag/Annual%20Reports/20180308_FY2017_Annual_Report.pdf
- ↑ https://ir.uniper.energy/download/companies/uniperag/Annual%20Reports/DE000UNSE018-JA-2018-EQ-E-00.pdf