MVV Energie AG 2023 AR2
The report highlights MVV's strong performance in the 2023 financial year, achieving an exceptional adjusted EBIT of Euro 880 million, driven by robust energy trading activities and disposal gains. The company accelerated its climate protection ambitions, committing to become climate-positive by 2035, five years earlier than originally planned, through the expansion of green heat, renewable energies, and carbon capture technologies (BECCUS). MVV successfully launched its first river heat pump in Mannheim and implemented its first climate-positive bio-waste anaerobic digestion plant in Dresden. To support this transformation, the company plans to invest approximately Euro 7 billion in green growth by 2033.
Company: MVV Energie AG
Sector: Energy utilities
Country: Germany
Year: 2023
Type: AR2
Pages: 282
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MVV Energie AG
Annual Report
The report highlights MVV's strong performance in the 2023 financial year, achieving an exceptional adjusted EBIT of Euro 880 million, driven by robust energy trading activities and disposal gains. The company accelerated its climate protection ambitions, committing to become climate-positive by 2035, five years earlier than originally planned, through the expansion of green heat, renewable energies, and carbon capture technologies (BECCUS). MVV successfully launched its first river heat pump in Mannheim and implemented its first climate-positive bio-waste anaerobic digestion plant in Dresden. To support this transformation, the company plans to invest approximately Euro 7 billion in green growth by 2033.
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Document Details
Report Year
2023
Reporting Period
Oct 1, 2022 - Sep 30, 2023
Fiscal Year
2023
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