Verbund AG 2021 AR2
The report highlights VERBUND AG's performance and sustainability initiatives for the fiscal year 2021. Despite the ongoing COVID-19 pandemic, the company successfully strengthened its profitability and continued its sustainable development, with 96.4% of its electricity generated from renewable sources like hydropower, wind, and solar. Key achievements include the update of the Code of Conduct for Sustainable Business, the implementation of a new sustainable supplier rating system, and the issuance of a Green & Sustainability-linked Bond. Additionally, VERBUND advanced its green hydrogen projects, such as H2FUTURE and Green Hydrogen@Blue Danube, and continued to invest in biodiversity and grid flexibility.
Company: Verbund AG
Sector: Utilities
Country: Austria
Year: 2021
Type: AR2
Pages: 104
Verbund AG
Annual Report
The report highlights VERBUND AG's performance and sustainability initiatives for the fiscal year 2021. Despite the ongoing COVID-19 pandemic, the company successfully strengthened its profitability and continued its sustainable development, with 96.4% of its electricity generated from renewable sources like hydropower, wind, and solar. Key achievements include the update of the Code of Conduct for Sustainable Business, the implementation of a new sustainable supplier rating system, and the issuance of a Green & Sustainability-linked Bond. Additionally, VERBUND advanced its green hydrogen projects, such as H2FUTURE and Green Hydrogen@Blue Danube, and continued to invest in biodiversity and grid flexibility.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Emissions
Scope 1:
Energy Consumption
Renewable Energy
Employees