Continental AG 2019 AR2
The report highlights Continental's performance and strategic transformation during the 2019 fiscal year. Despite a challenging market environment with declining global automotive production, the company achieved sales of –44.5 billion, though it recorded a negative EBIT of -–268.3 million due to significant impairment and restructuring expenses. Continental launched its Transformation 2019-2029 structural program to enhance long-term competitiveness and focus on digital and emission-reduction technologies. Additionally, the company committed to becoming completely carbon-neutral in its operations and value chains by 2050, with a milestone to source 100% of its electricity from renewable sources by the end of 2020.
Company: Continental AG
Sector: Manufacturing
Country: Germany
Year: 2019
Type: AR2
Pages: 217
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Continental AG
Annual Report
The report highlights Continental's performance and strategic transformation during the 2019 fiscal year. Despite a challenging market environment with declining global automotive production, the company achieved sales of –44.5 billion, though it recorded a negative EBIT of -–268.3 million due to significant impairment and restructuring expenses. Continental launched its Transformation 2019-2029 structural program to enhance long-term competitiveness and focus on digital and emission-reduction technologies. Additionally, the company committed to becoming completely carbon-neutral in its operations and value chains by 2050, with a milestone to source 100% of its electricity from renewable sources by the end of 2020.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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:
Women on Board
Women in Management
Net Zero Target
Employees