Elica SpA 2023 AR2
The report highlights Elica Group's performance in 2023, during which the company managed to protect its operating margins despite a 13.7% decline in consolidated revenue due to weak global demand and geopolitical tensions. Elica continued to execute its strategic initiatives, including reorganizing its European production footprint and expanding its product range. On the sustainability front, the company achieved a 100% renewable electricity mix at its Italian and Polish sites, with 9% being self-generated, and prepared its first Organisation GHG Inventory following the ISO 14064-1 standard. Additionally, Elica secured a Sustainability Linked Loan of Euro 30 million to fund its investment plan, with key performance indicators tied to increasing its renewable energy share.
Company: Elica SpA
Sector: Consumer Discretionary
Country: Italy
Year: 2023
Type: AR2
Pages: 170
Elica SpA
Annual Report
The report highlights Elica Group's performance in 2023, during which the company managed to protect its operating margins despite a 13.7% decline in consolidated revenue due to weak global demand and geopolitical tensions. Elica continued to execute its strategic initiatives, including reorganizing its European production footprint and expanding its product range. On the sustainability front, the company achieved a 100% renewable electricity mix at its Italian and Polish sites, with 9% being self-generated, and prepared its first Organisation GHG Inventory following the ISO 14064-1 standard. Additionally, Elica secured a Sustainability Linked Loan of Euro 30 million to fund its investment plan, with key performance indicators tied to increasing its renewable energy share.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 14, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees