BKW AG 2023 AR2
The report highlights BKW Group's strong performance in 2023, achieving its second-best operating profit in history with an EBIT of CHF 620 million, driven primarily by its Energy business. The company made significant progress in its sustainability strategy, setting a target to reduce greenhouse gas emissions in its Energy business to net zero by 2040 and to electrify its vehicle fleet by 2030. BKW expanded its renewable energy capacity to 967 MW, nearing its 1 GW target for 2026, through key wind acquisitions in Sweden and Italy. Additionally, the company successfully completed the first phase of decommissioning the Mühleberg Nuclear Power Plant, removing all nuclear fuel elements ahead of schedule.
Company: BKW AG
Sector: Energy utilities
Country: Switzerland
Year: 2023
Type: AR2
Pages: 260
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BKW AG
Annual Report
The report highlights BKW Group's strong performance in 2023, achieving its second-best operating profit in history with an EBIT of CHF 620 million, driven primarily by its Energy business. The company made significant progress in its sustainability strategy, setting a target to reduce greenhouse gas emissions in its Energy business to net zero by 2040 and to electrify its vehicle fleet by 2030. BKW expanded its renewable energy capacity to 967 MW, nearing its 1 GW target for 2026, through key wind acquisitions in Sweden and Italy. Additionally, the company successfully completed the first phase of decommissioning the Mühleberg Nuclear Power Plant, removing all nuclear fuel elements ahead of schedule.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 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
Women on Board
Workplace Fatalities
Net Zero Target
Employees