Comvita Ltd. 2020 AR2
The report outlines Comvita's performance and strategic turnaround for the fiscal year 2020, focusing on stabilizing, transforming, and building long-term resilience. Key highlights include a significant reduction in net debt to $15.5M, record revenue of $196M, and strong growth in focus markets like China and North America. On the sustainability front, the company made progress toward its goal of becoming carbon positive by 2030, achieving a 30% reduction in its Paengaroa site carbon footprint over four years and generating 26.6% of the site's power from renewable solar energy.
Company: Comvita Ltd.
Sector: Manufacturing
Country: New Zealand
Year: 2020
Type: AR2
Pages: 33
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Comvita Ltd.
Annual Report
The report outlines Comvita's performance and strategic turnaround for the fiscal year 2020, focusing on stabilizing, transforming, and building long-term resilience. Key highlights include a significant reduction in net debt to $15.5M, record revenue of $196M, and strong growth in focus markets like China and North America. On the sustainability front, the company made progress toward its goal of becoming carbon positive by 2030, achieving a 30% reduction in its Paengaroa site carbon footprint over four years and generating 26.6% of the site's power from renewable solar energy.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Published
Sep 22, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees