AB Kauno Energija 2017 Annual Report with Sustainability Disclosures
The report highlights AB Kauno Energija's financial and operational performance for the fiscal year 2017, alongside its sustainability initiatives. The company successfully reduced the average heat price for consumers by 3.78% through the modernization of its heat production facilities, including the installation of new gas-burned boilers in the Petrašiūnai power plant and Pergalė boiler-house. Solid biofuel dominated the fuel structure at 80.06%, significantly reducing reliance on natural gas. Additionally, the company completed eight pipeline reconstruction projects, reducing heat transmission losses by up to 60% in those sections. AB Kauno Energija also implemented its first GRI Standards-compliant Corporate Social Responsibility Report, emphasizing its commitment to environmental compliance and anti-corruption.
Company: AB Kauno Energija
Sector: Energy utilities
Country: Lithuania
Year: 2017
Type: Annual Report with Sustainability Disclosures
Pages: 152
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AB Kauno Energija
Consolidated And Parent Company’S Financial Statements And Consolidated Annual Report
The report highlights AB Kauno Energija's financial and operational performance for the fiscal year 2017, alongside its sustainability initiatives. The company successfully reduced the average heat price for consumers by 3.78% through the modernization of its heat production facilities, including the installation of new gas-burned boilers in the Petrašiūnai power plant and Pergalė boiler-house. Solid biofuel dominated the fuel structure at 80.06%, significantly reducing reliance on natural gas. Additionally, the company completed eight pipeline reconstruction projects, reducing heat transmission losses by up to 60% in those sections. AB Kauno Energija also implemented its first GRI Standards-compliant Corporate Social Responsibility Report, emphasizing its commitment to environmental compliance and anti-corruption.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Women on Board
Employees