Phoenix Mecano AG 2023 AR2
The report highlights Phoenix Mecano's positive performance in 2023, showing progress toward its 2026 medium-term targets despite economic headwinds. The company achieved a turnaround in its DewertOkin Technology Group division and divested its Rugged Computing business to focus on growth markets like decarbonisation, automation, and demographic change. On the sustainability front, the group reduced its CO2 emissions relative to sales by 5% compared to the previous year and increased its renewable energy consumption share to 21%. Additionally, Phoenix Mecano implemented a large wastewater treatment system at its Kecskemét plant in Hungary to significantly reduce hazardous waste.
Company: Phoenix Mecano AG
Sector: Industrials
Country: Switzerland
Year: 2023
Type: AR2
Pages: 104
Phoenix Mecano AG
Annual Report
The report highlights Phoenix Mecano's positive performance in 2023, showing progress toward its 2026 medium-term targets despite economic headwinds. The company achieved a turnaround in its DewertOkin Technology Group division and divested its Rugged Computing business to focus on growth markets like decarbonisation, automation, and demographic change. On the sustainability front, the group reduced its CO2 emissions relative to sales by 5% compared to the previous year and increased its renewable energy consumption share to 21%. Additionally, Phoenix Mecano implemented a large wastewater treatment system at its Kecskemét plant in Hungary to significantly reduce hazardous waste.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Water Consumption
Net Zero Target
Employees