Versalis SpA 2022 AR2
The report highlights Versalis' performance and strategic initiatives for the fiscal year 2022. The company faced a challenging economic environment with high variable production costs, resulting in an operating loss of 885 million euros. Despite these headwinds, Versalis advanced its transition toward sustainable chemistry by strengthening its partnership with Novamont, increasing its stake to 35%, and acquiring second-generation ethanol enzyme technology from DSM. Additionally, the company progressed with its circular economy initiatives, including the Hoop chemical recycling project and the development of the Versalis Revive polymer portfolio. Versalis also maintained its commitment to safety, with 25 out of 26 sites achieving the goal of one year without employee accidents.
Company: Versalis SpA
Sector: Manufacturing
Country: Italy
Year: 2022
Type: AR2
Pages: 133
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Versalis SpA
Annual Report
The report highlights Versalis' performance and strategic initiatives for the fiscal year 2022. The company faced a challenging economic environment with high variable production costs, resulting in an operating loss of 885 million euros. Despite these headwinds, Versalis advanced its transition toward sustainable chemistry by strengthening its partnership with Novamont, increasing its stake to 35%, and acquiring second-generation ethanol enzyme technology from DSM. Additionally, the company progressed with its circular economy initiatives, including the Hoop chemical recycling project and the development of the Versalis Revive polymer portfolio. Versalis also maintained its commitment to safety, with 25 out of 26 sites achieving the goal of one year without employee accidents.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Workplace Fatalities
Net Zero Target
Employees