Grigeo Group AB 2024 AR2

The report highlights Grigeo Group AB's strategic and operational achievements for the fiscal year 2024, including the acquisition of a tissue paper mill in Poland and the transfer of its tissue paper business to the subsidiary UAB Grigeo Tissue. The company successfully implemented the new European Sustainability Reporting Standards (ESRS) ahead of schedule to enhance transparency. Environmentally, the group completed the first phase of its solar park project with a 3.15 MWh capacity and reduced Scope 2 market-based emissions by 41% through green certificates. Financially, consolidated revenue increased by 9% to EUR 213 million, although EBITDA decreased by 11% to EUR 34.8 million due to rising raw material costs.

Company: Grigeo Group AB

Sector: Materials

Country: Lithuania

Year: 2024

Type: AR2

Pages: 151

Back to company

Grigeo Group AB

Grigeo Group AB 2024 Management Report and Consolidated and Separate Financial Statements

Management Report And Consolidated And Separate Financial Statements

The report highlights Grigeo Group AB's strategic and operational achievements for the fiscal year 2024, including the acquisition of a tissue paper mill in Poland and the transfer of its tissue paper business to the subsidiary UAB Grigeo Tissue. The company successfully implemented the new European Sustainability Reporting Standards (ESRS) ahead of schedule to enhance transparency. Environmentally, the group completed the first phase of its solar park project with a 3.15 MWh capacity and reduced Scope 2 market-based emissions by 41% through green certificates. Financially, consolidated revenue increased by 9% to EUR 213 million, although EBITDA decreased by 11% to EUR 34.8 million due to rising raw material costs.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

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:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees