Key figures of the financial year 2023 by Wolftank Group
Carbon emissions and global savings by Wolftank Group

About this report

This annual report provides financial and non-financial information about the Wolftank Group’s performance in 2023. The reporting period is 1 January to 31 December 2023. 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) presents the main topics of the Wolftank Group’s sustainability performance, including climate and environmental impacts as well as the social agenda. This comprehensive overview of our commitment, progress, and impact has been prepared converging from the Global Reporting Initiative (GRI) into the European Sustainability Reporting Standards (ESRS). ESRS were adopted by the European Commission in July 2023. Since then, the Wolftank Group has been preparing to switch its non-financial reporting from the previous GRI standard, according to which it has reported annually since 2020, to the new European Standards.

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 2024, and, except for the Annual General Meeting on 7 June 2024, we refrain from printing paper copies of this report for environmental reasons.