DTEK Group Highlights: November 30 – December 14, 2023

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DTEK Group Highlights: November 30 – December 14, 2023

DTEK joined the official Ukrainian delegation for participation in the 28th Conference of Parties (COP28) – UN Climate Conference in Dubai, UAE. DTEK has become a partner in creating the Ukrainian pavilion at COP28, which presented the consequences of the Kakhovka Dam disaster and outlined Ukrainian green recovery plans.
At the conference, DTEK and Danish wind turbine manufacturer Vestas announced that they are ready to implement Ukraine's largest private investment project in the energy sector since independence. The two companies signed a Memorandum of Understanding to complete the construction of the largest wind farm in Eastern Europe, a project supported by the European Commission and the governments of Ukraine and Denmark. The installed capacity of the Tyligulska Wind Power Plant will be 500 megawatts – bringing the total investment at Tyligulska up to at least 650 million euros.
DTEK CEO Maxim Timchenko's twitter-reflection on COP28 and the construction of Tyligulska WPP - read here.

WEEK OF BUSINESS ETHICS AND COMPLIANCE 2023

DTEK is proud to participate in Corporate Ethics and Compliance Week, reaffirming its dedication to upholding ethical business practices.

DTEK Group relies not only on Ukrainian legislation but also on international norms and the best global practices. This approach allows us to promote European values. Transparent business conduct and openness is the best way to gain the trust of partners and customers.

DTEK Group signed the UN Global Compact Memorandum on Joint Anti-Corruption Actions in Ukraine three years ago. As agents of change, we motivate the business community in the country to move towards European standards. Recently, DTEK Group became the first Ukrainian company to join the Partnership Against Corruption Initiative (PACI) of the World Economic Forum to combine efforts to fight corruption with leading global companies and accelerate the transformation of Ukraine. This shows the recognition of DTEK's achievements in following the best international anti-corruption practices and promoting anti-corruption culture and experience in Ukraine.

This can find the statements of DTEK Group business CEOs on their anti-corruption practices here.

DTEK WINS S&P PLATTS GLOBAL ENERGY AWARD 2023 FOR "GOING ABOVE AND BEYOND"

DTEK Group was honored at the "Oscars of Energy" in New York on December 7 for its contribution to keeping the lights on across Ukraine during the war.

DTEK won the Corporate Impact Award at the 25th S&P Platts Global Energy Awards for "having gone above and beyond in its corporate impact." One of the judges stated, "DTEK is persevering amidst upheaval and crisis … they are a pillar for the people of Ukraine."

DTEK'S PARTICIPATION IN COP28 WAS COVERED BY INTERNATIONAL MEDIA

International media cover DTEK's participation in COP28 and signing MoU with Vestas: The Washington Post, The Guardian, POLITICO, The Kyiv Independent, EuroNews, and Associated Press.

RUSSIA CONTINUES TO CARRY OUT TERRORIST ATTACKS AGAINST CIVILIAN AND ENERGY FACILITIES IN UKRAINE

russia launched repeated attacks against a DTEK thermal power plant near the contact line for many hours on Thursday and Friday (December 7-8), damaging equipment but not resulting in any casualties.

There have been 128 attacks on DTEK power stations since the start of the full-scale invasion in February 2022. Over 10,000 (10,883) pieces of DTEK infrastructure have been hit since the beginning of the full-scale invasion.

DTEK continues to do everything possible to maintain the reliable operation of the Ukrainian power system and is coordinating its response with power grid operator NPC Ukrenergo.

About DTEK

DTEK Group is the largest private investor in the energy sector of Ukraine. The Group employs 55,000 people.

DTEK Group's companies are engaged in coal and natural gas mining, electricity production at wind, solar and thermal power plants, trade energy resources in the Ukrainian and international markets, distribute and supply electricity to consumers, provide energy-efficient services to customers, and develop a network of high-speed charging stations. In accordance with the Strategy 2030, DTEK strives to transform into a more energy-efficient, environmentally friendly and technological business, guided by ESG principles. DTEK is a member of the World Economic Forum’s Partnering Against Corruption Initiative (PACI). Our goal is to achieve carbon neutrality.

Since the beginning of the full-scale invasion, DTEK Group has restored power supply to more than nine million consumers in the regions affected by the hostilities. DTEK Group is 100% owned by SCM Limited. The ultimate beneficiary is Rinat Akhmetov.

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