Verbund AG 2024 IR
The report highlights VERBUND's performance in financial year 2024, during which the company navigated a highly volatile energy market. VERBUND advanced its Strategy 2030, focusing on strengthening its integrated domestic market, expanding European renewables, and positioning itself as a hydrogen player. Key achievements included the initial operation of the Gratkorn hydropower plant and progress on major pumped storage projects. Financially, EBITDA decreased by 22.5% to ’3,480.3 million due to lower wholesale electricity prices, despite above-average water supply. The company also successfully issued a ’500 million green bond incorporating biodiversity.
Company: Verbund AG
Sector: Utilities
Country: Austria
Year: 2024
Type: IR
Pages: 510
Verbund AG
Integrated Annual Report
The report highlights VERBUND's performance in financial year 2024, during which the company navigated a highly volatile energy market. VERBUND advanced its Strategy 2030, focusing on strengthening its integrated domestic market, expanding European renewables, and positioning itself as a hydrogen player. Key achievements included the initial operation of the Gratkorn hydropower plant and progress on major pumped storage projects. Financially, EBITDA decreased by 22.5% to ’3,480.3 million due to lower wholesale electricity prices, despite above-average water supply. The company also successfully issued a ’500 million green bond incorporating biodiversity.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Net Zero Target
Employees