Verbund AG 2017 IR
The report details VERBUND's performance for the fiscal year 2017, highlighting its position as a highly profitable, nearly carbon-free European energy producer. In 2017, the company generated 93% of its electricity from renewable sources, primarily hydropower and wind. Despite a challenging market, VERBUND adjusted its strategy to focus on free cash flow, successfully reducing debt by approximately one billion euros in recent years. The report also highlights key innovation projects, such as H2FUTURE for green hydrogen production and the expansion of the SMATRICS electromobility network.
Company: Verbund AG
Sector: Utilities
Country: Austria
Year: 2017
Type: IR
Pages: 299
Verbund AG
Integrated Annual Report
The report details VERBUND's performance for the fiscal year 2017, highlighting its position as a highly profitable, nearly carbon-free European energy producer. In 2017, the company generated 93% of its electricity from renewable sources, primarily hydropower and wind. Despite a challenging market, VERBUND adjusted its strategy to focus on free cash flow, successfully reducing debt by approximately one billion euros in recent years. The report also highlights key innovation projects, such as H2FUTURE for green hydrogen production and the expansion of the SMATRICS electromobility network.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
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
Employees