V-ZUG Holding AG 2023 AR2
The report highlights V-ZUG Group's performance and sustainability progress in 2023. Despite a challenging market environment with an 8.0% decline in net sales to CHF 585.4 million, the company improved its operating result (EBIT) to CHF 16.8 million. V-ZUG advanced its circular economy initiatives, including the piloting of a circular economy factory and completing 32 product life cycle assessments. The company also integrated its non-financial reporting into the Annual Report for the first time, aligning with GRI Standards and TCFD recommendations. Additionally, V-ZUG continued its site transformation in Zug with the construction of the "Zephyr Ost" vertical factory.
Company: V-ZUG Holding AG
Sector: Consumer Discretionary
Country: Switzerland
Year: 2023
Type: AR2
Pages: 192
V-ZUG Holding AG
Annual Report
The report highlights V-ZUG Group's performance and sustainability progress in 2023. Despite a challenging market environment with an 8.0% decline in net sales to CHF 585.4 million, the company improved its operating result (EBIT) to CHF 16.8 million. V-ZUG advanced its circular economy initiatives, including the piloting of a circular economy factory and completing 32 product life cycle assessments. The company also integrated its non-financial reporting into the Annual Report for the first time, aligning with GRI Standards and TCFD recommendations. Additionally, V-ZUG continued its site transformation in Zug with the construction of the "Zephyr Ost" vertical factory.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 13, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees