Bang & Olufsen A/S 2021 SR
The report highlights Bang & Olufsen's progress during the 2020/21 financial year, focusing on its turnaround to profitability and its commitment to product longevity. Key achievements include the launch of the Classics program with the recreated Beogram 4000c and the introduction of a modular design approach in speakers like Beosound Level to combat technology obsolescence. The company also reported an increase in employee engagement to a score of 75 and implemented a new sustainable packaging strategy that reduced CO2 emissions by 6.4%. Despite these successes, the company faced challenges in reducing logistics-related emissions due to the pandemic and missed its target for women in senior management, which stood at 18%.
Company: Bang & Olufsen A/S
Sector: Manufacturing
Country: Denmark
Year: 2021
Type: SR
Pages: 27
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Bang & Olufsen A/S
CSR And Sustainability Report
The report highlights Bang & Olufsen's progress during the 2020/21 financial year, focusing on its turnaround to profitability and its commitment to product longevity. Key achievements include the launch of the Classics program with the recreated Beogram 4000c and the introduction of a modular design approach in speakers like Beosound Level to combat technology obsolescence. The company also reported an increase in employee engagement to a score of 75 and implemented a new sustainable packaging strategy that reduced CO2 emissions by 6.4%. Despite these successes, the company faced challenges in reducing logistics-related emissions due to the pandemic and missed its target for women in senior management, which stood at 18%.
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Document Details
Report Year
2021
Reporting Period
2020 - 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees