REC Silicon ASA 2022 AR2

The report highlights REC Silicon's financial and sustainability performance for 2022, a year marked by the acquisition of a major stake by Hanwha Solutions and plans to restart the Moses Lake FBR facility in late 2023. The company reported revenues of $147.8 million, though it faced an EBITDA loss of $34.9 million due to high energy and raw material costs. On the sustainability front, REC Silicon committed to reducing its carbon intensity by 40% by 2027, leveraging its low-energy FBR technology. Additionally, the company improved its safety performance, reducing lost time injuries by 75% compared to 2021.

Company: REC Silicon ASA

Sector: Information Information Technology

Country: Norway

Year: 2022

Type: AR2

Pages: 122

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REC Silicon ASA

REC Silicon ASA 2022 Annual Report

Annual Report

The report highlights REC Silicon's financial and sustainability performance for 2022, a year marked by the acquisition of a major stake by Hanwha Solutions and plans to restart the Moses Lake FBR facility in late 2023. The company reported revenues of $147.8 million, though it faced an EBITDA loss of $34.9 million due to high energy and raw material costs. On the sustainability front, REC Silicon committed to reducing its carbon intensity by 40% by 2027, leveraging its low-energy FBR technology. Additionally, the company improved its safety performance, reducing lost time injuries by 75% compared to 2021.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

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

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees