Umeme Ltd 2022 Annual Report with Sustainability Disclosures
The report outlines Umeme Limited's financial and operational performance for the year 2022, highlighting a 7% growth in its customer base to 1.76 million. Key achievements include the connection of 121,132 new customers to the grid and a reduction in energy losses to 16.8% from 18.0% in 2021. Financially, the company recorded a profit after tax of Ushs 148.2 billion, representing a 6.5% increase, and generated net operating cash flows of Ushs 369.3 billion. The report also details Umeme's sustainability initiatives, including a Ushs 200 million investment in corporate social responsibility and efforts to assess climate risks across its substations.
Company: Umeme Ltd
Sector: Energy utilities
Country: Uganda
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 180
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Umeme Ltd
Annual Report
The report outlines Umeme Limited's financial and operational performance for the year 2022, highlighting a 7% growth in its customer base to 1.76 million. Key achievements include the connection of 121,132 new customers to the grid and a reduction in energy losses to 16.8% from 18.0% in 2021. Financially, the company recorded a profit after tax of Ushs 148.2 billion, representing a 6.5% increase, and generated net operating cash flows of Ushs 369.3 billion. The report also details Umeme's sustainability initiatives, including a Ushs 200 million investment in corporate social responsibility and efforts to assess climate risks across its substations.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Mar 24, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Employees