MVV Energie AG 2022 AR2
The report highlights MVV's progress towards its goal of becoming climate positive by 2040, with its targets validated under the Science Based Targets initiative's (SBTi) net-zero standard in autumn 2022. During the fiscal year 2022, the company increased its renewable electricity generation capacity to 614 MW and advanced its green heat transition in Mannheim by starting construction on a 20 MWt river heat pump. Financially, MVV achieved an adjusted EBIT of Euro 353 million, significantly influenced by Euro 55 million in disposal gains. Despite geopolitical challenges and a temporary rise in Scope 1 emissions to safeguard supply reliability, the company maintained a high investment volume of Euro 335 million in sustainable growth.
Company: MVV Energie AG
Sector: Energy utilities
Country: Germany
Year: 2022
Type: AR2
Pages: 256
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MVV Energie AG
Annual Report
The report highlights MVV's progress towards its goal of becoming climate positive by 2040, with its targets validated under the Science Based Targets initiative's (SBTi) net-zero standard in autumn 2022. During the fiscal year 2022, the company increased its renewable electricity generation capacity to 614 MW and advanced its green heat transition in Mannheim by starting construction on a 20 MWt river heat pump. Financially, MVV achieved an adjusted EBIT of Euro 353 million, significantly influenced by Euro 55 million in disposal gains. Despite geopolitical challenges and a temporary rise in Scope 1 emissions to safeguard supply reliability, the company maintained a high investment volume of Euro 335 million in sustainable growth.
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Document Details
Report Year
2022
Reporting Period
Oct 1, 2021 - Sep 30, 2022
Fiscal Year
2022
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:
Women in Management
Workplace Fatalities
Net Zero Target
Employees