Exel Composites Oyj 2023 AR2
The report highlights Exel Composites' performance and strategic progress in 2023, a year marked by a challenging market environment and decreased revenue. The company launched a new transformative strategy focused on organic growth, customer value, and profitability, introducing updated long-term financial and sustainability targets. Notably, Exel achieved its lowest lost time incident rate in history (6.0) and made significant progress in its environmental goals, including a reduction in landfilled production waste and the expansion of manufacturing operations in India. Additionally, the company conducted its first double materiality assessment in alignment with CSRD and ESRS requirements.
Company: Exel Composites Oyj
Sector: Industrials
Country: Finland
Year: 2023
Type: AR2
Pages: 96
Exel Composites Oyj
Annual Report
The report highlights Exel Composites' performance and strategic progress in 2023, a year marked by a challenging market environment and decreased revenue. The company launched a new transformative strategy focused on organic growth, customer value, and profitability, introducing updated long-term financial and sustainability targets. Notably, Exel achieved its lowest lost time incident rate in history (6.0) and made significant progress in its environmental goals, including a reduction in landfilled production waste and the expansion of manufacturing operations in India. Additionally, the company conducted its first double materiality assessment in alignment with CSRD and ESRS requirements.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 4, 2024
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
Emissions
Scope 1:
Scope 2:
Energy Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees