IVE Group Ltd 2023 Annual Report with Sustainability Disclosures
Company: IVE Group Ltd
Sector: Manufacturing
Country: Australia
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 128
The report describes another strong FY23 performance, with revenue increasing to $967.4m and the Group completing the acquisition and integration of Ovato assets. It also highlights the finalization and implementation of a comprehensive ESG strategy informed by a Group Scope 1, 2 and 3 carbon-footprint and supply-chain social-risk assessment. The report assessed the 2021 carbon footprint at 1,001,863.1 tCO2-e, with 95.1% attributed to Scope 3. Its 2025 targets include transitioning to 50% renewable electricity and achieving a minimum 25% reduction in Scope 1 and 2 emissions intensity against the CY21 baseline.
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