About this report
This annual report provides financial and non-financial information about the Wolftank Group’s performance in 2024. The reporting period is 1 January to 31 December 2024.
The financial part of this report has been prepared in accordance with the Austrian UGB reporting standard for accounting and consolidation. Both the consolidated and the relevant single entity report have been audited by third party auditors.
The non-financial part (Sustainability Report) has been prepared in accordance with the Corporate Sustainability Reporting Directive (CSRD) and the new European Sustainability Reporting Standards (ESRS) adopted by the European Commission in July 2023. It is the result of a process of gradual alignment from the previous standards (Global Reporting Initiative – GRI), which have guided the Group’s reporting since 2020, to the full adoption of ESRS.
In 2024, Wolftank Group undertook a complex process of regulatory and methodological adaptation based on the principle of dual materiality, one of the main pillars of ESRS. This approach has made it possible to identify and report in a structured way both the organization’s impacts on the environment and society (impact materiality), and the sustainability-related risks and opportunities that may influence the company’s performance (financial materiality).
The European Sustainability Reporting Standards (ESRS) consist of twelve standards in total, divided into two transversal and ten thematic standards:
To ensure the reliability of the content, this report was prepared with the involvement of key internal and external stakeholders, the consideration of all relevant company policies, and a comprehensive materiality analysis conducted with the support of external consultants.
In this report, we aim to transparently communicate our efforts towards sustainable practices, environmental stewardship, social responsibility, and economic resilience. By adhering to the European Sustainability Reporting Standards in due time, we ensure consistency, comparability, and reliability in disclosing our sustainability performance. In terms of data collection, every subsidiary of the Wolftank Group is collecting data at a local level: designated and experienced employees collect the information and provide it to the Group Sustainability Team in the format recommended by the ESRS. The Sustainability Management Team on group level is responsible for the comprehensive, group-wide data collection, analysis and reporting, with ongoing oversight and collaboration with the Group Executive Board.
We recognize the importance of sustainability as a driver of long-term value creation, and we are committed to continually improving our performance, fostering stakeholder trust, and contributing to a more sustainable future for all.
The reporting team would like to sincerely thank our colleagues and stakeholders for their time and effort in preparing this report.
The report is published in English on the Wolftank Group website in May 2025, and, except for the Annual General Meeting on 6 June 2025, we refrain from printing paper copies of this report for environmental reasons.
This report is fully applicable to all Wolftank Group companies and reflects their respective contributions, performance, ESG data, and compliance measures. It serves as a comprehensive reference document for all Group entities and may be used accordingly in all communications.
