Wustenrot & Wurttembergische AG 2023 AR2
The report details the financial and non-financial performance of Wüstenrot & Württembergische AG (W&W Group) for the 2023 fiscal year. Despite challenging economic conditions, the group achieved a consolidated net profit of €140.5 million and successfully completed its relocation to the new campus in Kornwestheim. The report highlights the group's first-time application of the IFRS 17 accounting standard and its commitment to sustainability, including the issuance of its first green mortgage covered bond of €500 million. Additionally, the group maintained its carbon-neutral operations for buildings and vehicles through offsetting and continued to expand its sustainable product offerings.
Company: Wustenrot & Wurttembergische AG
Sector: Financials
Country: Germany
Year: 2023
Type: AR2
Pages: 445
Wustenrot & Wurttembergische AG
Annual Report
The report details the financial and non-financial performance of Wüstenrot & Württembergische AG (W&W Group) for the 2023 fiscal year. Despite challenging economic conditions, the group achieved a consolidated net profit of €140.5 million and successfully completed its relocation to the new campus in Kornwestheim. The report highlights the group's first-time application of the IFRS 17 accounting standard and its commitment to sustainability, including the issuance of its first green mortgage covered bond of €500 million. Additionally, the group maintained its carbon-neutral operations for buildings and vehicles through offsetting and continued to expand its sustainable product offerings.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 27, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees