Kongsberg Automotive ASA 2024 AR2

The report highlights Kongsberg Automotive's financial and sustainability performance for the fiscal year 2024. During the year, the company reorganized its business into Flow Control Systems and Drive Control Systems, while implementing cost adjustment programs to improve profitability. In sustainability, Kongsberg Automotive joined the United Nations Global Compact and improved its EcoVadis rating to a score of 60. The company achieved a 54% share of renewable energy in its total energy consumption and reduced its combined Scope 1 and 2 emissions by approximately 14% compared to 2023. Additionally, ten of its manufacturing plants transitioned to using 100% renewable electricity.

Company: Kongsberg Automotive ASA

Sector: Consumer Discretionary

Country: Norway

Year: 2024

Type: AR2

Pages: 187

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Kongsberg Automotive ASA

Kongsberg Automotive ASA 2024 Annual Report

Annual Report

The report highlights Kongsberg Automotive's financial and sustainability performance for the fiscal year 2024. During the year, the company reorganized its business into Flow Control Systems and Drive Control Systems, while implementing cost adjustment programs to improve profitability. In sustainability, Kongsberg Automotive joined the United Nations Global Compact and improved its EcoVadis rating to a score of 60. The company achieved a 54% share of renewable energy in its total energy consumption and reduced its combined Scope 1 and 2 emissions by approximately 14% compared to 2023. Additionally, ten of its manufacturing plants transitioned to using 100% renewable electricity.

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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

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees