VBG Group AB 2022 AR2
The report highlights VBG Group's record-setting financial performance in 2022, achieving net sales of SEK 4,580 million and an operating profit of SEK 558 million despite macroeconomic uncertainties. During the year, the company signed the UN Global Compact and established new sustainability targets for the 2023–2030 period, including a commitment to reduce Scope 1 and Scope 2 greenhouse gas emissions by 50%. VBG Group also expanded its industrial business through the acquisitions of Carlyle Johnson Machine and T%C3%BCschen und Zimmermann's industrial brake business. Additionally, the company successfully reduced its energy consumption by 43% between 2017 and 2022, exceeding its target of 15%.
Company: VBG Group AB
Sector: Industrials
Country: Sweden
Year: 2022
Type: AR2
Pages: 154
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VBG Group AB
Annual Report
The report highlights VBG Group's record-setting financial performance in 2022, achieving net sales of SEK 4,580 million and an operating profit of SEK 558 million despite macroeconomic uncertainties. During the year, the company signed the UN Global Compact and established new sustainability targets for the 2023–2030 period, including a commitment to reduce Scope 1 and Scope 2 greenhouse gas emissions by 50%. VBG Group also expanded its industrial business through the acquisitions of Carlyle Johnson Machine and T%C3%BCschen und Zimmermann's industrial brake business. Additionally, the company successfully reduced its energy consumption by 43% between 2017 and 2022, exceeding its target of 15%.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Employees