Employer profile
KENFO – Fonds zur Finanzierung der kerntechnischen Entsorgung
Berlin, DEImpact-drivenFoundationClimate & Environmental ProtectionSustainable Finance
Impact3Sustainability Goals
Employees11 - 50
Founded2017
LocationBerlin
About KENFO – Fonds zur Finanzierung der kerntechnischen Entsorgung
KENFO, the Fund for the Financing of Nuclear Waste Disposal, is a public-law foundation established by German law on June 16, 2017, with its headquarters in Berlin. Its core mission is to ensure the financing of the interim and final storage of radioactive waste from commercial electricity production in Germany. Managing approximately 24.1 billion EUR, KENFO is Germany's largest public endowment. Its investment strategy is long-term, broadly diversified, and integrates ESG criteria to support the climate goals of the Paris Agreement. KENFO is also certified as an "Attractive Employer".
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Sustainability Goals
Responsible Consumption & Production
Financing Radioactive Waste Disposal
KENFO ensures the financing for the interim and final storage of radioactive waste generated from the commercial use of nuclear energy. This guarantees responsible management of production byproducts.
Climate Action
Investments for Climate Protection and Energy Transition
The organization integrates ESG criteria into its investment strategy to support the climate goals of the Paris Agreement. Its investments are aligned with Germany's phase-out of nuclear power and coal.
Industry, Innovation & Infrastructure
Infrastructure for Safe Waste Storage
The organization finances the infrastructure for the safe interim and final storage of radioactive waste. This is crucial for resilient waste disposal infrastructure in the industrial sector.
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FAQs
Q1What is KENFO's core mission?+
KENFO, the Fund for the Financing of Nuclear Waste Disposal, ensures the financing of interim and final storage for radioactive waste from commercial electricity production in Germany. The organization reimburses the federal government for the costs of safe waste disposal, an obligation transferred under the Disposal Transition Act.
Q2What is KENFO's asset under management?+
KENFO manages approximately 24.1 billion EUR, transferred on July 3, 2017, by the operators of German nuclear power plants. This makes KENFO Germany's largest public endowment and first sovereign wealth fund.
Q3Where is KENFO's headquarters located?+
KENFO's headquarters are located in Berlin. The organization was established on June 16, 2017, as a public-law foundation of the German federal government.
Q4What employer awards has KENFO received?+
KENFO has been certified as an "Attractive Employer" by Great Place to Work®. This highlights the organization's commitment to a positive workplace culture.
Q5Where can I find current job openings at KENFO?+
Current job openings at KENFO are available on the organization's career portal. Interested individuals can view open positions at https://kenfo.jobs.personio.de/.
Q6How does KENFO integrate sustainability into its investment strategy?+
Sustainability is a key pillar of KENFO's operations. The organization integrates Environment, Social, and Governance (ESG) criteria into its investment strategy to achieve long-term stable value development and support the climate goals of the Paris Agreement.
