Wacker Chemie AG 2023 AR2

The report details Wacker Chemie AG's financial and sustainability performance for the fiscal year 2023. Despite facing a challenging market environment with a 22 percent decline in sales to ‑6.40 billion, the company continued to invest in strategic growth, particularly in biotechnology with the acquisition of ADL BioPharma. On the sustainability front, Wacker made significant progress by reducing its absolute greenhouse gas emissions (Scopes 1 and 2) by 24 percent compared to 2020, aligned with its validated target to achieve net zero by 2045. Additionally, the company advanced its circular economy initiatives and expanded its sustainable product portfolio, which accounted for 94 percent of sales in 2023.

Company: Wacker Chemie AG

Sector: Materials

Country: Germany

Year: 2023

Type: AR2

Pages: 303

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Wacker Chemie AG

Wacker Chemie AG 2023 Annual Report

Annual Report

The report details Wacker Chemie AG's financial and sustainability performance for the fiscal year 2023. Despite facing a challenging market environment with a 22 percent decline in sales to ‑6.40 billion, the company continued to invest in strategic growth, particularly in biotechnology with the acquisition of ADL BioPharma. On the sustainability front, Wacker made significant progress by reducing its absolute greenhouse gas emissions (Scopes 1 and 2) by 24 percent compared to 2020, aligned with its validated target to achieve net zero by 2045. Additionally, the company advanced its circular economy initiatives and expanded its sustainable product portfolio, which accounted for 94 percent of sales in 2023.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Mar 12, 2024

Type

Annual Report with Sustainability Disclosures

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:

Water Consumption

Total Waste

Women in Management

Workplace Fatalities

Net Zero Target

Employees