Continental AG 2020 AR2
The report highlights Continental's performance during the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic, technological transformation, and a decline in vehicle production. Despite these challenges, the company achieved sales of ’37.7 billion and a positive free cash flow of ’879 million. Continental launched a realigned strategy focused on strengthening operational performance, differentiating its portfolio, and turning change into opportunity, including a commitment to make its global business for emission-free vehicles completely carbon-neutral from 2022. Additionally, the company successfully switched all externally sourced electricity at its production and R&D locations to 100% renewable energy, reducing its own CO2 emissions by nearly 70%.
Company: Continental AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: AR2
Pages: 226
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Continental AG
Annual Report
The report highlights Continental's performance during the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic, technological transformation, and a decline in vehicle production. Despite these challenges, the company achieved sales of ’37.7 billion and a positive free cash flow of ’879 million. Continental launched a realigned strategy focused on strengthening operational performance, differentiating its portfolio, and turning change into opportunity, including a commitment to make its global business for emission-free vehicles completely carbon-neutral from 2022. Additionally, the company successfully switched all externally sourced electricity at its production and R&D locations to 100% renewable energy, reducing its own CO2 emissions by nearly 70%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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