REN - Redes Energeticas Nacionais SGPS SA 2016 AR2
The report highlights REN's successful operations in 2016, marked by the landmark acquisition of a 42.5% stake in Electrogas, Chile, representing a key milestone in the company's internationalization strategy. Financially, the company achieved a positive balance with EBITDA reaching 476 million euros and net income at 100.2 million euros, while reducing its average cost of debt to 3.2%. On the sustainability front, REN planted 107,353 trees, achieved a 57% share of renewable energy in supplying national electricity consumption, and successfully continued its corporate volunteer and educational programs. Additionally, the company maintained its commitment to the UN Global Compact and received multiple awards for its reporting and workplace quality.
Company: REN - Redes Energeticas Nacionais SGPS SA
Sector: Energy utilities
Country: Portugal
Year: 2016
Type: AR2
Pages: 508
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REN - Redes Energeticas Nacionais SGPS SA
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The report highlights REN's successful operations in 2016, marked by the landmark acquisition of a 42.5% stake in Electrogas, Chile, representing a key milestone in the company's internationalization strategy. Financially, the company achieved a positive balance with EBITDA reaching 476 million euros and net income at 100.2 million euros, while reducing its average cost of debt to 3.2%. On the sustainability front, REN planted 107,353 trees, achieved a 57% share of renewable energy in supplying national electricity consumption, and successfully continued its corporate volunteer and educational programs. Additionally, the company maintained its commitment to the UN Global Compact and received multiple awards for its reporting and workplace quality.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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
Women in Management
Workplace Fatalities
Employees