Annual Report

Overview

The report presents Bang & Olufsen's FY2023/24 financial and sustainability performance, including validated net-zero targets and a circularity-focused product strategy. It reports lower market-based operational emissions and 100% renewable operational electricity, alongside detailed Scope 3 data. The company also describes its first double materiality process in preparation for future CSRD reporting and provides EU Taxonomy disclosures.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023-2024
Period: 1 June 2023 – 31 May 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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