Here in Germany, too, we are facing a dilemma: on the one hand, the risks of deindustrialisation – caused, amongst other things, by excessively high energy prices – and, on the other, the urgently needed measures to achieve our shared climate targets.
In this context, we see it as our responsibility to continue developing our company and to make a positive contribution to the future of energy in Germany and Europe.
Our first steps towards transformation
- Restructuring of our company in 2023 based on three equally important areas of focus: Base, Balance and Boost
- Implementation of a double Materiality Assessment in 2024
- Development of a transition plan in 2025
- Publication of our first sustainability report in 2026
A path for the whole team
Sometimes it is many small improvements that make a difference. But the Neptune Energy team wants to go even further: producing tomorrow’s energy today, shaping the future of energy and raw materials production. To this end, the company is changing. This affects all employees. Whether it’s ESG (Environmental, Social & Governance), sustainability or transformation – colleagues share their stories here about milestones, both big and small, from the year 2025.
Environmentally friendly lithium for Europe’s energy security
Axel A.O. Wenke, Director of New Energy & Business Development
Engineering excellence and a contribution to local value creation
Lars Bierenriede, Drilling Engineering Manager
Focusing on our stakeholders – double materiality
In 2024, independent experts surveyed our stakeholders as part of a so-called double Materiality Assessment (based on the ESRS 1 reporting standard).
What impact does Neptune Energy have on society and the environment? Which environmental and social issues influence our company’s financial performance? Representatives from politics, public administration and local communities, amongst others, provided insights on these issues. A survey of all Neptune Energy employees also formed part of the data collection process. The results provide us with important insights into how to transparently assess the opportunities and risks associated with our activities. Based on this approach, we identify key sustainability issues for our future, in particular:
- Climate and environmental protection
- Working conditions
energy supply
Leitprinzipien for our transformation
The results of our double Materiality Assessment, on the one hand, and the UN Sustainable Development Goals, on the other, provide us with key Leitprinzipien for our future:
- Innovation: Playing a pioneering role in future technologies, drawing on our expertise and data on the subsurface, as well as our existing infrastructure – for example, in the field of lithium extraction.
- Responsibility: A commitment to net-zero emissions by 2045 for Scope I and II, taking into account high ESG standards and environmentally sound projects in raw materials extraction.
- People: Collaboration with various stakeholder groups (stakeholder engagement) to develop innovative energy solutions. Clear communication and the involvement of local communities to ensure broad acceptance and benefits.
Transition Plan
Ready for the future with measurable standards
Our Transition Plan is a key milestone in our transformation. In it, we set out clear measures and targets against which we intend to be assessed in future – in the areas of safety, health, environmental and climate protection, ethics and compliance, and communication and stakeholder management. We also focus on our three areas of activity: Base (natural gas and crude oil production), plugging and abandonment (decommissioning) and Boost (New Energy).
To ensure that our transformation becomes a central component of our corporate governance, it is essential for us to introduce a comprehensive governance structure. External audits and certifications, for example in relation to our annual financial statements, also help to validate our transformation efforts and ensure compliance with international standards.
Click here for the latest version of our Transition Plan:
Sustainability reporting at Neptune Energy
For companies that do not fall within the scope of the Corporate Sustainability Reporting Directive, the VSME standards (Voluntary Sustainability Reporting Standard for non-listed Small and Medium-sized Enterprises) offer a voluntary reporting option in Europe. The Neptune Energy team has utilised this option for the first time with its sustainability report for the year 2025. This covers the Basic Module as well as a more comprehensive module (Comprehensive Module) of the VSME reporting standard. In addition, Neptune Energy applies selected sector-specific requirements from the oil and gas standards of the European Financial Reporting Advisory Group, or ERFRAG for short.
The report has been audited by an independent auditor.
Neptune Energy GmbH & Co. KG’s voluntary sustainability report for the financial year from 1 January to 31 December 2025 can be found in this document from page 27 onwards, following an editorial introduction.
(English version coming soon)
