Grammer AG 2020 AR2
The report highlights GRAMMER AG's performance and sustainability initiatives during the challenging fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. Despite a 16% decline in revenue to EUR 1.7 billion, the company outperformed the market in both its Automotive and Commercial Vehicles segments. Key achievements included the launch of the 'Green Company' strategic initiative to reduce CO2 emissions by 50% (Scope 1 & 2) by 2030 and the relocation to the new sustainable GRAMMER Campus in Ursensollen. Additionally, the company expanded its footprint in China with two new plants and strengthened its strategic partnership with Ningbo Jifeng.
Company: Grammer AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: AR2
Pages: 177
Grammer AG
The report highlights GRAMMER AG's performance and sustainability initiatives during the challenging fiscal year 2020, which was heavily impacted by the COVID-19 pandemic. Despite a 16% decline in revenue to EUR 1.7 billion, the company outperformed the market in both its Automotive and Commercial Vehicles segments. Key achievements included the launch of the 'Green Company' strategic initiative to reduce CO2 emissions by 50% (Scope 1 & 2) by 2030 and the relocation to the new sustainable GRAMMER Campus in Ursensollen. Additionally, the company expanded its footprint in China with two new plants and strengthened its strategic partnership with Ningbo Jifeng.
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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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees