VBG Group AB 2024 AR2
The report highlights VBG Group's performance for the fiscal year 2024, achieving its second-best annual earnings in history despite a challenging market environment. The company made significant progress on its sustainability agenda, reducing Scope 1 and Scope 2 greenhouse gas emissions by 21.1% compared to the 2022 baseline. Key environmental initiatives included installing solar panels at three facilities and achieving ISO 14001 certification for its Beringen plant. Additionally, VBG Group conducted a double materiality assessment to prepare for CSRD compliance and successfully reduced workplace accidents from 26 to 21.
Company: VBG Group AB
Sector: Industrials
Country: Sweden
Year: 2024
Type: AR2
Pages: 120
VBG Group AB
The report highlights VBG Group's performance for the fiscal year 2024, achieving its second-best annual earnings in history despite a challenging market environment. The company made significant progress on its sustainability agenda, reducing Scope 1 and Scope 2 greenhouse gas emissions by 21.1% compared to the 2022 baseline. Key environmental initiatives included installing solar panels at three facilities and achieving ISO 14001 certification for its Beringen plant. Additionally, VBG Group conducted a double materiality assessment to prepare for CSRD compliance and successfully reduced workplace accidents from 26 to 21.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Women in Management
Employees