Verbund AG 2019 AR2

The report highlights VERBUND AG's strong financial and environmental performance in 2019, with 95% of its generated electricity originating from renewable sources like hydropower and wind power. The company made significant progress toward its goal of reducing direct greenhouse gas emissions (Scope 1) to below 10 g CO2e/kWh by 2021, achieving 32 g CO2e/kWh in 2019. Key innovation projects included the H2FUTURE green hydrogen project in Linz and the construction of Austria's largest battery storage unit at the Wallsee-Mitterkirchen hydropower plant. Additionally, VERBUND successfully implemented its 'We Live Safety' initiative, which significantly reduced the lost time injury frequency rate to 6.4.

Company: Verbund AG

Sector: Utilities

Country: Austria

Year: 2019

Type: AR2

Pages: 100

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Verbund AG

Verbund AG 2019 Annual Report

Annual Report

The report highlights VERBUND AG's strong financial and environmental performance in 2019, with 95% of its generated electricity originating from renewable sources like hydropower and wind power. The company made significant progress toward its goal of reducing direct greenhouse gas emissions (Scope 1) to below 10 g CO2e/kWh by 2021, achieving 32 g CO2e/kWh in 2019. Key innovation projects included the H2FUTURE green hydrogen project in Linz and the construction of Austria's largest battery storage unit at the Wallsee-Mitterkirchen hydropower plant. Additionally, VERBUND successfully implemented its 'We Live Safety' initiative, which significantly reduced the lost time injury frequency rate to 6.4.

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Document Details

Report Year

2019

Reporting Period

Jan 1, 2019 - Dec 31, 2019

Fiscal Year

2019

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Energy Consumption

Employees