AFC Energy PLC 2023 AR2
The report highlights AFC Energy's progress in the fiscal year ended October 31, 2023, focusing on its strategy to displace diesel generators with zero-emission hydrogen fuel cell and fuel processing technologies. Key achievements include the launch of the world's largest modular ammonia cracker platform, the establishment of a joint venture with Speedy Hire named Speedy Hydrogen Solutions, and securing a £27 million order book. Financially, the company maintained a strong cash position of £27.4 million while investing £8.5 million in qualifying research and development. On the ESG front, the company achieved zero lost time injuries and successfully mapped its Scope 1, 2, and 3 carbon emissions.
Company: AFC Energy PLC
Sector: Industrials
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 102
AFC Energy PLC
Annual Report
The report highlights AFC Energy's progress in the fiscal year ended October 31, 2023, focusing on its strategy to displace diesel generators with zero-emission hydrogen fuel cell and fuel processing technologies. Key achievements include the launch of the world's largest modular ammonia cracker platform, the establishment of a joint venture with Speedy Hire named Speedy Hydrogen Solutions, and securing a £27 million order book. Financially, the company maintained a strong cash position of £27.4 million while investing £8.5 million in qualifying research and development. On the ESG front, the company achieved zero lost time injuries and successfully mapped its Scope 1, 2, and 3 carbon emissions.
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Document Details
Report Year
2023
Reporting Period
Nov 1, 2022 - Oct 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Employees