ams-OSRAM AG 2024 AR2
The report highlights ams OSRAM's strategic progress in its 'Re-establish the Base' efficiency program during the 2024 fiscal year, which successfully streamlined its core semiconductor portfolio and achieved EUR 110 million in run-rate savings. Despite facing macroeconomic headwinds and a EUR 576 million net expense from adjusting its microLED strategy, the company improved its free cash flow to EUR 12 million. On the environmental front, the company reduced its absolute Scope 1 and 2 greenhouse gas emissions by 44% compared to the 2021 baseline, moving closer to its 2030 carbon neutrality target. Additionally, the company expanded its Life Cycle Assessment methodology and initiated a transition to plastic-free packaging in the automotive aftermarket.
Company: ams-OSRAM AG
Sector: Information Information Technology
Country: Austria
Year: 2024
Type: AR2
Pages: 200
ams-OSRAM AG
Annual Report
The report highlights ams OSRAM's strategic progress in its 'Re-establish the Base' efficiency program during the 2024 fiscal year, which successfully streamlined its core semiconductor portfolio and achieved EUR 110 million in run-rate savings. Despite facing macroeconomic headwinds and a EUR 576 million net expense from adjusting its microLED strategy, the company improved its free cash flow to EUR 12 million. On the environmental front, the company reduced its absolute Scope 1 and 2 greenhouse gas emissions by 44% compared to the 2021 baseline, moving closer to its 2030 carbon neutrality target. Additionally, the company expanded its Life Cycle Assessment methodology and initiated a transition to plastic-free packaging in the automotive aftermarket.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees