AQ Group AB 2022 AR2
The report highlights AQ Group's record turnover and profit in 2022, with net sales increasing by 29% to SEK 7,053 million, driven by strong organic growth in electrification, electric vehicles, and renewable energy. The company expanded its capacity by completing a wiring systems factory in Lithuania and acquiring a property in Bulgaria for electrical cabinets and battery systems. In sustainability, AQ Group reported its Scope 1 and Scope 2 carbon dioxide emissions, achieving a 14% reduction in emissions relative to turnover. Additionally, the company continued its commitment to the UN Global Compact principles and initiated plans to measure Scope 3 emissions in 2023.
Company: AQ Group AB
Sector: Industrials
Country: Sweden
Year: 2022
Type: AR2
Pages: 99
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AQ Group AB
Annual Report
The report highlights AQ Group's record turnover and profit in 2022, with net sales increasing by 29% to SEK 7,053 million, driven by strong organic growth in electrification, electric vehicles, and renewable energy. The company expanded its capacity by completing a wiring systems factory in Lithuania and acquiring a property in Bulgaria for electrical cabinets and battery systems. In sustainability, AQ Group reported its Scope 1 and Scope 2 carbon dioxide emissions, achieving a 14% reduction in emissions relative to turnover. Additionally, the company continued its commitment to the UN Global Compact principles and initiated plans to measure Scope 3 emissions in 2023.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Women on Board
Women in Management
Employees