Verbund AG 2022 IR
The report highlights VERBUND's performance in 2022, a year marked by geopolitical tensions and energy market volatility. Despite a below-average water supply that reduced hydropower generation, the company achieved a significant increase in EBITDA to ‐3,160.7 million and a Group result of ‐1,717.0 million, driven by high wholesale electricity prices. VERBUND advanced its Mission V strategy by expanding its renewable energy portfolio in Spain and Italy and investing in green hydrogen initiatives. Additionally, the company demonstrated social responsibility by increasing its Electricity Relief Fund to support consumers affected by energy poverty.
Company: Verbund AG
Sector: Utilities
Country: Austria
Year: 2022
Type: IR
Pages: 375
Verbund AG
Integrated Annual Report
The report highlights VERBUND's performance in 2022, a year marked by geopolitical tensions and energy market volatility. Despite a below-average water supply that reduced hydropower generation, the company achieved a significant increase in EBITDA to ‐3,160.7 million and a Group result of ‐1,717.0 million, driven by high wholesale electricity prices. VERBUND advanced its Mission V strategy by expanding its renewable energy portfolio in Spain and Italy and investing in green hydrogen initiatives. Additionally, the company demonstrated social responsibility by increasing its Electricity Relief Fund to support consumers affected by energy poverty.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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