Rapala VMC Corp 2024 AR2

The report details Rapala VMC's stabilization and strategic progress during the fiscal year 2024. The company successfully consolidated its lure and knife production to Estonia, resulting in reduced inventories and operational cost savings. Notably, Rapala VMC conducted its first Double Materiality Assessment and prepared its inaugural sustainability statement in accordance with CSRD and ESRS. The company also launched the highly successful Rapala CrushCity soft plastic lure range, which significantly boosted sales in North America and Europe. Additionally, the group prioritized clean energy, achieving 100% renewable electricity sourcing for its directly managed Finnish units and 85% for its largest manufacturing site in Estonia.

Company: Rapala VMC Corp

Sector: Consumer Discretionary

Country: Finland

Year: 2024

Type: AR2

Pages: 63

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Rapala VMC Corp

Rapala VMC Corp 2024 Annual Report

Annual Report

The report details Rapala VMC's stabilization and strategic progress during the fiscal year 2024. The company successfully consolidated its lure and knife production to Estonia, resulting in reduced inventories and operational cost savings. Notably, Rapala VMC conducted its first Double Materiality Assessment and prepared its inaugural sustainability statement in accordance with CSRD and ESRS. The company also launched the highly successful Rapala CrushCity soft plastic lure range, which significantly boosted sales in North America and Europe. Additionally, the group prioritized clean energy, achieving 100% renewable electricity sourcing for its directly managed Finnish units and 85% for its largest manufacturing site in Estonia.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 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:

Energy Consumption

Renewable Energy

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees