MVV Energie AG 2024 AR2
The report highlights MVV's progress toward its goal of becoming climate-positive by 2035 through the implementation of the Mannheim Model, which focuses on the heat transition, electricity transition, and green customer solutions. In the 2024 financial year, the company successfully completed the second expansion stage of Mannheim's heat transition by connecting its biomass CHP plant to the district heat grid and launching its first river heat pump. MVV increased its investments to Euro 417 million, focusing on expanding renewable energy capacity and modernising distribution grids. Despite challenging market conditions and lower wholesale energy prices, the company achieved an adjusted EBIT of Euro 426 million and proposed an increased regular dividend of Euro 1.25 per share.
Company: MVV Energie AG
Sector: Utilities
Country: Germany
Year: 2024
Type: AR2
Pages: 288
MVV Energie AG
Annual Report
The report highlights MVV's progress toward its goal of becoming climate-positive by 2035 through the implementation of the Mannheim Model, which focuses on the heat transition, electricity transition, and green customer solutions. In the 2024 financial year, the company successfully completed the second expansion stage of Mannheim's heat transition by connecting its biomass CHP plant to the district heat grid and launching its first river heat pump. MVV increased its investments to Euro 417 million, focusing on expanding renewable energy capacity and modernising distribution grids. Despite challenging market conditions and lower wholesale energy prices, the company achieved an adjusted EBIT of Euro 426 million and proposed an increased regular dividend of Euro 1.25 per share.
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Document Details
Report Year
2024
Reporting Period
Oct 1, 2023 - Sep 30, 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:
Renewable Energy
Water Consumption
Women in Management
Workplace Fatalities
Net Zero Target
Employees