Verbund AG 2021 Integrated Report
Company: Verbund AG
Sector: Energy utilities
Country: Austria
Year: 2021
Type: Integrated Report
Pages: 345
The report says VERBUND acquired a 51% stake in Gas Connect Austria and updated its strategy around its integrated domestic market, European renewables and hydrogen. Renewable sources generated 96.4% of its electricity in 2021. The report records Scope 1 emissions of 454 kt CO2e and sets a 16% Scope 1 reduction objective by 2030 from a 2015 base year. It also describes a 5% Scope 3 reduction objective for electricity sales to end consumers by 2030 from a 2020 base year.
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