Umicore SA 2023 IR
The report highlights Umicore's resilient performance in 2023, delivering strong cash flows and high margins despite challenging market conditions and lower PGM prices. The company made significant progress on its 2030 RISE Strategy, securing close to 1 billion euros in government grants for battery materials expansions in Europe and North America. Umicore also advanced its decarbonization roadmap, achieving 41% global renewable electricity use and reducing Scope 1 and 2 emissions by 10% year-on-year. Additionally, the company launched its first corporate R&D center in China and inaugurated a large-scale prototyping center for solid-state battery materials in Belgium.
Company: Umicore SA
Sector: Materials
Country: Belgium
Year: 2023
Type: IR
Pages: 337
Umicore SA
Integrated Annual Report
The report highlights Umicore's resilient performance in 2023, delivering strong cash flows and high margins despite challenging market conditions and lower PGM prices. The company made significant progress on its 2030 RISE Strategy, securing close to 1 billion euros in government grants for battery materials expansions in Europe and North America. Umicore also advanced its decarbonization roadmap, achieving 41% global renewable electricity use and reducing Scope 1 and 2 emissions by 10% year-on-year. Additionally, the company launched its first corporate R&D center in China and inaugurated a large-scale prototyping center for solid-state battery materials in Belgium.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
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
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees