RWE AG 2008 AR2
The report highlights RWE's financial and operational performance for the fiscal year 2008, during which the company achieved all major financial goals, with recurrent net income increasing by 13% to €3,367 million. RWE established its renewable energy subsidiary, RWE Innogy, and expanded its offshore wind capacity, including acquiring a 50% stake in the Greater Gabbard project. The company also initiated the acquisition of Dutch utility Essent for €9.3 billion to strengthen its position in the Benelux market. Additionally, RWE committed to reducing its CO2 emissions by 20% by 2012 through power plant modernization and renewable energy expansion.
Company: RWE AG
Sector: Energy utilities
Country: Germany
Year: 2008
Type: AR2
Pages: 242
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RWE AG
Annual Report
The report highlights RWE's financial and operational performance for the fiscal year 2008, during which the company achieved all major financial goals, with recurrent net income increasing by 13% to €3,367 million. RWE established its renewable energy subsidiary, RWE Innogy, and expanded its offshore wind capacity, including acquiring a 50% stake in the Greater Gabbard project. The company also initiated the acquisition of Dutch utility Essent for €9.3 billion to strengthen its position in the Benelux market. Additionally, RWE committed to reducing its CO2 emissions by 20% by 2012 through power plant modernization and renewable energy expansion.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Workplace Fatalities
Employees