Recticel SA/NV 2019 AR2
The report highlights Recticel's performance and strategic transformation during 2019, a pivotal year marked by the divestment of its Proseat and Eurofoam joint ventures and the Automotive Interiors division. By refocussing on its higher value-added Insulation and Bedding business lines, the company aimed to lead the transition to a circular economy and low-carbon society. Key achievements include the launch of the Electricity Sustainability Roadmap 2020-2025 to reduce electricity-related carbon emissions by 75%, and coordination of the EU-funded PUReSmart polyurethane recycling project. Despite economic uncertainties and raw material price erosion, the company achieved a record performance in its Flexible Foams division and improved profitability in Bedding.
Company: Recticel SA/NV
Sector: Manufacturing
Country: Belgium
Year: 2019
Type: AR2
Pages: 119
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Recticel SA/NV
Annual Report
The report highlights Recticel's performance and strategic transformation during 2019, a pivotal year marked by the divestment of its Proseat and Eurofoam joint ventures and the Automotive Interiors division. By refocussing on its higher value-added Insulation and Bedding business lines, the company aimed to lead the transition to a circular economy and low-carbon society. Key achievements include the launch of the Electricity Sustainability Roadmap 2020-2025 to reduce electricity-related carbon emissions by 75%, and coordination of the EU-funded PUReSmart polyurethane recycling project. Despite economic uncertainties and raw material price erosion, the company achieved a record performance in its Flexible Foams division and improved profitability in Bedding.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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
Women on Board
Women in Management
Employees