Ascopiave SpA 2019 AR2
The report highlights Ascopiave Group's strategic repositioning in 2019, marked by a major partnership with the Hera Group that established a leading energy player in Northeastern Italy. This transaction resulted in the sale of the Group's gas and electricity sales activities and the acquisition of AP Reti Gas Nord Est S.r.l., strengthening its core gas distribution business. Financially, the Group achieved a consolidated net profit of Euro 493.2 million, largely driven by capital gains from the divestment. On the sustainability front, the Group continued its commitment to safety and environmental protection, maintaining ISO 14001 and BS OHSAS 18001 certifications and achieving a 92.12% inspection rate of its low-pressure gas distribution network.
Company: Ascopiave SpA
Sector: Energy utilities
Country: Italy
Year: 2019
Type: AR2
Pages: 342
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Ascopiave SpA
Annual Financial Report
The report highlights Ascopiave Group's strategic repositioning in 2019, marked by a major partnership with the Hera Group that established a leading energy player in Northeastern Italy. This transaction resulted in the sale of the Group's gas and electricity sales activities and the acquisition of AP Reti Gas Nord Est S.r.l., strengthening its core gas distribution business. Financially, the Group achieved a consolidated net profit of Euro 493.2 million, largely driven by capital gains from the divestment. On the sustainability front, the Group continued its commitment to safety and environmental protection, maintaining ISO 14001 and BS OHSAS 18001 certifications and achieving a 92.12% inspection rate of its low-pressure gas distribution network.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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
Total Waste
Workplace Fatalities
Employees