MVV Energie AG 2021 AR2
The report highlights MVV's progress during the 2021 financial year, during which the company achieved its target of saving one million tonnes of net CO2 emissions five years ahead of schedule. MVV announced its updated climate targets, committing to reduce direct Scope 1 emissions by over 80% by 2030, achieve climate neutrality by 2040, and become climate positive from 2040 onwards through the 'Mannheim Model'. Financially, the company recorded its best earnings in history with an adjusted EBIT of Euro 278 million, representing a 19% increase. Additionally, MVV expanded its proprietary renewable energy generation capacity to 564 MWe and successfully connected 610 MW of new renewable plants to the grid.
Company: MVV Energie AG
Sector: Energy utilities
Country: Germany
Year: 2021
Type: AR2
Pages: 206
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MVV Energie AG
Annual Report
The report highlights MVV's progress during the 2021 financial year, during which the company achieved its target of saving one million tonnes of net CO2 emissions five years ahead of schedule. MVV announced its updated climate targets, committing to reduce direct Scope 1 emissions by over 80% by 2030, achieve climate neutrality by 2040, and become climate positive from 2040 onwards through the 'Mannheim Model'. Financially, the company recorded its best earnings in history with an adjusted EBIT of Euro 278 million, representing a 19% increase. Additionally, MVV expanded its proprietary renewable energy generation capacity to 564 MWe and successfully connected 610 MW of new renewable plants to the grid.
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Document Details
Report Year
2021
Reporting Period
Oct 1, 2020 - Sep 30, 2021
Fiscal Year
2021
Published
Dec 14, 2021
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:
Renewable Energy
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees