BKW AG 2022 AR2
The report highlights BKW Group's exceptionally strong performance in the 2022 financial year, with revenue increasing by 46% to CHF 5.2 billion and EBIT rising by 163% to over CHF 1 billion, primarily driven by its Energy business. The company successfully achieved its target of having 75% of its installed production capacity consist of renewable energy technologies one year ahead of schedule. BKW also launched a comprehensive, company-wide sustainability program focusing on seven action areas and issued its second Green Bond to finance French wind farms. Additionally, the company implemented its 'Capital Light' strategy, allowing Swiss pension funds to acquire a 49% stake in nine existing wind farms.
Company: BKW AG
Sector: Energy utilities
Country: Switzerland
Year: 2022
Type: AR2
Pages: 240
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BKW AG
Annual Report
The report highlights BKW Group's exceptionally strong performance in the 2022 financial year, with revenue increasing by 46% to CHF 5.2 billion and EBIT rising by 163% to over CHF 1 billion, primarily driven by its Energy business. The company successfully achieved its target of having 75% of its installed production capacity consist of renewable energy technologies one year ahead of schedule. BKW also launched a comprehensive, company-wide sustainability program focusing on seven action areas and issued its second Green Bond to finance French wind farms. Additionally, the company implemented its 'Capital Light' strategy, allowing Swiss pension funds to acquire a 49% stake in nine existing wind farms.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Energy Consumption
Workplace Fatalities
Net Zero Target
Employees