Coillte Cuideachta Ghniomhaiochta Ainmnithe 2021 AR2
The report highlights Coillte's record financial performance in 2021, achieving an EBITDA of ‐159 million and operating cash of ‐73 million, which enabled a record dividend recommendation of ‐30 million. During the year, the company developed a new forestry strategic vision aimed at capturing 28 million tonnes of CO2 by 2050 across its four pillars: climate, wood, nature, and people. Coillte replanted over 22 million trees across 9,000 hectares of restocked forest and established the 'FuturEnergy Ireland' joint venture with ESB to develop 1 GW of renewable energy by 2030. Additionally, the company committed to the TCFD framework and initiated a comprehensive carbon emissions assessment across its operations.
Company: Coillte Cuideachta Ghniomhaiochta Ainmnithe
Sector: Agriculture, forestry & fishing
Country: Ireland
Year: 2021
Type: AR2
Pages: 92
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Coillte Cuideachta Ghniomhaiochta Ainmnithe
Annual Report
The report highlights Coillte's record financial performance in 2021, achieving an EBITDA of ‐159 million and operating cash of ‐73 million, which enabled a record dividend recommendation of ‐30 million. During the year, the company developed a new forestry strategic vision aimed at capturing 28 million tonnes of CO2 by 2050 across its four pillars: climate, wood, nature, and people. Coillte replanted over 22 million trees across 9,000 hectares of restocked forest and established the 'FuturEnergy Ireland' joint venture with ESB to develop 1 GW of renewable energy by 2030. Additionally, the company committed to the TCFD framework and initiated a comprehensive carbon emissions assessment across its operations.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees