Bang & Olufsen AS 2023 AR2
The report details Bang & Olufsen's financial and sustainability performance for the fiscal year 2022/23. During a challenging year marked by macroeconomic headwinds and COVID-19 lockdowns in China, the company generated a revenue of DKK 2.8bn and achieved a gross margin of 44.2%. On sustainability, the company fully integrated its financial and sustainability reporting for the first time, submitting long-term climate targets to the Science Based Targets initiative. Notably, the company achieved an 80% reduction in Scope 1 and 2 greenhouse gas emissions compared to the previous year and sourced 100% of its operational electricity from zero-emission sources.
Company: Bang & Olufsen AS
Sector: Consumer Discretionary
Country: Denmark
Year: 2023
Type: AR2
Pages: 164
Bang & Olufsen AS
Annual Report
The report details Bang & Olufsen's financial and sustainability performance for the fiscal year 2022/23. During a challenging year marked by macroeconomic headwinds and COVID-19 lockdowns in China, the company generated a revenue of DKK 2.8bn and achieved a gross margin of 44.2%. On sustainability, the company fully integrated its financial and sustainability reporting for the first time, submitting long-term climate targets to the Science Based Targets initiative. Notably, the company achieved an 80% reduction in Scope 1 and 2 greenhouse gas emissions compared to the previous year and sourced 100% of its operational electricity from zero-emission sources.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jun 1, 2022 - May 31, 2023
Fiscal Year
2023
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:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees