AoFrio Ltd. 2023 AR2
The report details AoFrio's financial and operational performance for the fiscal year 2023, highlighting a challenging macroeconomic environment that led to a 10.5% decrease in revenue to $66.6 million. Despite these challenges, the company improved its gross margin to 30.0% and continued to advance its IoT solutions and energy-efficient motors, which have saved an estimated 17.6 million MWh of energy and 8.4 million tons of CO2 emissions since inception. AoFrio also joined the Beverage Industry Environmental Roundtable (BIER) Coolition and won a global sustainability prize for its 'AoFrio Inside' solution. Looking forward, the company is focusing its ESG efforts on team diversity, operational waste and energy reduction, and sustainable product design.
Company: AoFrio Ltd.
Sector: Manufacturing
Country: New Zealand
Year: 2023
Type: AR2
Pages: 44
Back to company
AoFrio Ltd.
Annual Report
The report details AoFrio's financial and operational performance for the fiscal year 2023, highlighting a challenging macroeconomic environment that led to a 10.5% decrease in revenue to $66.6 million. Despite these challenges, the company improved its gross margin to 30.0% and continued to advance its IoT solutions and energy-efficient motors, which have saved an estimated 17.6 million MWh of energy and 8.4 million tons of CO2 emissions since inception. AoFrio also joined the Beverage Industry Environmental Roundtable (BIER) Coolition and won a global sustainability prize for its 'AoFrio Inside' solution. Looking forward, the company is focusing its ESG efforts on team diversity, operational waste and energy reduction, and sustainable product design.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 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
Women on Board
Women in Management
Employees