Genesis Energy Ltd. 2022 AR2
The report outlines Genesis Energy's performance and strategic progress for the fiscal year 2022, highlighting its commitment to empowering New Zealand's sustainable future. The company achieved a significant 44% reduction in absolute Scope 1 and 2 greenhouse gas emissions compared to the previous year, driven by a decrease in thermal generation and coal use. Genesis advanced its Future-gen strategy by securing new renewable energy contracts and partnering with FRV Australia to develop up to 500 MW of solar capacity. Additionally, the company launched its Sustainable Finance Programme, securing 250 million dollars in sustainability-linked loans to incentivize progress toward its climate targets.
Company: Genesis Energy Ltd.
Sector: Energy utilities
Country: New Zealand
Year: 2022
Type: AR2
Pages: 133
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Genesis Energy Ltd.
Annual Report
The report outlines Genesis Energy's performance and strategic progress for the fiscal year 2022, highlighting its commitment to empowering New Zealand's sustainable future. The company achieved a significant 44% reduction in absolute Scope 1 and 2 greenhouse gas emissions compared to the previous year, driven by a decrease in thermal generation and coal use. Genesis advanced its Future-gen strategy by securing new renewable energy contracts and partnering with FRV Australia to develop up to 500 MW of solar capacity. Additionally, the company launched its Sustainable Finance Programme, securing 250 million dollars in sustainability-linked loans to incentivize progress toward its climate targets.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Aug 4, 2022
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:
Scope 3:
Renewable Energy
Women on Board
Women in Management
Employees