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
Verbund AG
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