XP Power Ltd 2020 Annual Report with Sustainability Disclosures
Company: XP Power Ltd
Sector: Manufacturing
Country: Singapore
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 196
The report records 2020 revenue of £233.3 million, up 17%, as healthcare and semiconductor demand offset weakness in industrial technology. It describes prioritizing employee safety, customer supply continuity, and cash preservation during the COVID-19 pandemic. XP Power reports estimated lifetime CO2 savings of 117,000 tonnes from XP Green Power products shipped in 2020 and says it reduced CO2 emissions intensity by 7%. Its 2020 sustainability materiality assessment incorporated input from employees, customers, suppliers, and shareholders.
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