Aspo Oyj 2020 AR2
The report highlights Aspo Group's sustainability and financial performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved record-high Q4 operating profit and record-high full-year operating cash flow. In 2020, Aspo's Board of Directors defined a new long-term sustainability target for its businesses to become pioneers in sustainability in their respective fields. Notably, ESL Shipping successfully tested the use of biogas on M/S Viikki, marking the first time biogas was used as a ship fuel in Finland and reducing the vessel chain's carbon dioxide emissions. Additionally, Telko expanded its Nordic presence by acquiring ILS Nordic AB and became the first Finnish distributor to receive the ISCC Plus certificate for bio-based plastics.
Company: Aspo Oyj
Sector: Transport & logistics
Country: Finland
Year: 2020
Type: AR2
Pages: 126
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Aspo Oyj
Sustainable Value Creation
The report highlights Aspo Group's sustainability and financial performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved record-high Q4 operating profit and record-high full-year operating cash flow. In 2020, Aspo's Board of Directors defined a new long-term sustainability target for its businesses to become pioneers in sustainability in their respective fields. Notably, ESL Shipping successfully tested the use of biogas on M/S Viikki, marking the first time biogas was used as a ship fuel in Finland and reducing the vessel chain's carbon dioxide emissions. Additionally, Telko expanded its Nordic presence by acquiring ILS Nordic AB and became the first Finnish distributor to receive the ISCC Plus certificate for bio-based plastics.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees