Verbund AG 2021 Integrated Report
The report details VERBUND's performance in 2021, highlighting a strong financial year driven by soaring wholesale electricity prices and the revision of its 2030 corporate strategy to focus on domestic market integration, European renewables expansion, and green hydrogen. The company successfully acquired a 51% stake in Gas Connect Austria, enhancing its sector coupling capabilities. On the sustainability front, VERBUND launched a world-first Green & Sustainability-linked Bond, updated its Code of Conduct for Sustainable Business, and achieved a 13.5% share of women in management. Environmentally, 96% of its electricity generation came from renewable sources, and the company continued to implement extensive ecological measures, including the completion of Europe's highest fish pass on the Drau River.
Company: Verbund AG
Sector: Energy utilities
Country: Austria
Year: 2021
Type: Integrated Report
Pages: 345
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Verbund AG
Integrated Annual Report
The report details VERBUND's performance in 2021, highlighting a strong financial year driven by soaring wholesale electricity prices and the revision of its 2030 corporate strategy to focus on domestic market integration, European renewables expansion, and green hydrogen. The company successfully acquired a 51% stake in Gas Connect Austria, enhancing its sector coupling capabilities. On the sustainability front, VERBUND launched a world-first Green & Sustainability-linked Bond, updated its Code of Conduct for Sustainable Business, and achieved a 13.5% share of women in management. Environmentally, 96% of its electricity generation came from renewable sources, and the company continued to implement extensive ecological measures, including the completion of Europe's highest fish pass on the Drau River.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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