Kongsberg Automotive ASA 2021 AR2
The report outlines Kongsberg Automotive's performance and strategic progress in 2021, highlighting the launch of its Shift Gear transformation program. This program focuses on operational excellence, strategic growth in profitable segments, and sustainable transformation, including targets to use 100% carbon-free energy by 2030 and manufacture carbon-neutral products by 2039. Despite supply chain disruptions and semiconductor shortages, the company achieved a 21% year-over-year revenue growth in continuing operations. Additionally, the company committed to divesting its Interior Comfort Systems and Light-Duty Cables business units to focus on commercial vehicles and specialty products.
Company: Kongsberg Automotive ASA
Sector: Manufacturing
Country: Norway
Year: 2021
Type: AR2
Pages: 79
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Kongsberg Automotive ASA
Annual Report
The report outlines Kongsberg Automotive's performance and strategic progress in 2021, highlighting the launch of its Shift Gear transformation program. This program focuses on operational excellence, strategic growth in profitable segments, and sustainable transformation, including targets to use 100% carbon-free energy by 2030 and manufacture carbon-neutral products by 2039. Despite supply chain disruptions and semiconductor shortages, the company achieved a 21% year-over-year revenue growth in continuing operations. Additionally, the company committed to divesting its Interior Comfort Systems and Light-Duty Cables business units to focus on commercial vehicles and specialty products.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Net Zero Target
Employees