Kongsberg Automotive ASA 2008 AR2
The report highlights Kongsberg Automotive's performance in 2008, a year marked by the successful integration of Global Motion Systems (GMS) despite a historically weak global automotive market. The company implemented significant cost and headcount reductions, reducing its workforce by over 2,600 employees to adjust to declining demand. Under its 'KA Green Line' program, the company advanced its sustainability strategy, focusing on weight reduction in products to lower CO2 emissions and transitioning to composite materials. Environmentally, the company reported a 22% reduction in hazardous waste and a 3% reduction in wastewater, while tracking its energy consumption and estimating its CO2 emissions at 85,660 tons.
Company: Kongsberg Automotive ASA
Sector: Manufacturing
Country: Norway
Year: 2008
Type: AR2
Pages: 72
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Kongsberg Automotive ASA
Annual Report
The report highlights Kongsberg Automotive's performance in 2008, a year marked by the successful integration of Global Motion Systems (GMS) despite a historically weak global automotive market. The company implemented significant cost and headcount reductions, reducing its workforce by over 2,600 employees to adjust to declining demand. Under its 'KA Green Line' program, the company advanced its sustainability strategy, focusing on weight reduction in products to lower CO2 emissions and transitioning to composite materials. Environmentally, the company reported a 22% reduction in hazardous waste and a 3% reduction in wastewater, while tracking its energy consumption and estimating its CO2 emissions at 85,660 tons.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Employees