Raute Oyj 2020 AR2
The report highlights Raute's performance and strategic progress in 2020, a year heavily impacted by the COVID-19 pandemic. Despite challenging market conditions, the company successfully executed its strategy, including the acquisition of a majority holding in Hiottu Oy to strengthen its digital capabilities and securing a major EUR 55 million contract in Russia. Raute also rebranded its product offering into three series (R3, R5, and R7) to better meet diverse customer needs. In terms of sustainability, the company improved its energy efficiency by 6%, reduced Scope 1 and 2 CO2 emissions by 23%, and decreased mixed waste by 36% compared to the previous year.
Company: Raute Oyj
Sector: Industrials
Country: Finland
Year: 2020
Type: AR2
Pages: 52
Raute Oyj
Annual Report
The report highlights Raute's performance and strategic progress in 2020, a year heavily impacted by the COVID-19 pandemic. Despite challenging market conditions, the company successfully executed its strategy, including the acquisition of a majority holding in Hiottu Oy to strengthen its digital capabilities and securing a major EUR 55 million contract in Russia. Raute also rebranded its product offering into three series (R3, R5, and R7) to better meet diverse customer needs. In terms of sustainability, the company improved its energy efficiency by 6%, reduced Scope 1 and 2 CO2 emissions by 23%, and decreased mixed waste by 36% compared to the previous year.
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Document Details
Report Year
2020
Reporting Period
2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees