Genesis Energy Ltd. 2024 IR
The report outlines Genesis Energy's launch of its Gen35 strategy, focusing on transitioning to 95% renewable generation by FY35 and committing to a science-based net zero target by 2040. During the fiscal year 2024, the company navigated challenges including the unplanned outage of Huntly Unit 5, national gas supply constraints, and low hydro inflows, which led to an increase in emissions to 3,231,142 tCO2e. Despite these challenges, Genesis progressed its renewables pipeline, starting construction on the 63 MWp Lauriston solar farm and planning its first 100 MW grid-scale battery at Huntly. Financially, the company achieved an EBITDAF of $407 million and a net profit after tax of $131 million.
Company: Genesis Energy Ltd.
Sector: Energy utilities
Country: New Zealand
Year: 2024
Type: IR
Pages: 131
Back to company
Genesis Energy Ltd.
Integrated Report
The report outlines Genesis Energy's launch of its Gen35 strategy, focusing on transitioning to 95% renewable generation by FY35 and committing to a science-based net zero target by 2040. During the fiscal year 2024, the company navigated challenges including the unplanned outage of Huntly Unit 5, national gas supply constraints, and low hydro inflows, which led to an increase in emissions to 3,231,142 tCO2e. Despite these challenges, Genesis progressed its renewables pipeline, starting construction on the 63 MWp Lauriston solar farm and planning its first 100 MW grid-scale battery at Huntly. Financially, the company achieved an EBITDAF of $407 million and a net profit after tax of $131 million.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees