Uniper is a German-based energy group established as independent company in 2016. In our line of business, we contribute towards the supply security European electricity and gas markets. With more than 12,000 employees across the world, our primary fields of activity are conventional power generation, trading of electricity, gas, coal and LNG, as well as managing gas storage operations. We also undertake hedging transactions and market technical services to business customers. We source and trade coal from different countries for our own power plants as well as for third parties, both for energy and metallurgical use. This helps ensure an affordable and secure supply of energy and fuel to people worldwide. Uniper is a listed company with a market capitalisation of 9.5 billion Euros and revenues of 72.2 billion Euros in 2017.
We look at Bettercoal as a strategic tool to live up with our commitments to the UN Sustainable Development Goals. The new Bettercoal Supplier Assessment Programme plays a key role in our due diligence process and risk management activities, as it provides reliable reports on ESG issues of the main coal producers worldwide and detailed action plans for continuous improvement.