Avantium N.V., a leading company in renewable and circular polymer materials, today published its 2023 Annual Report, outlining how Avantium creates value for its stakeholders. The Annual Report provides stakeholders an insight into Avantium’s strategy, business activities and performance over the past year.
The 2023 Annual Report includes further enhanced disclosures around ESG ahead of the introduction of the Corporate Sustainability Reporting Directive. Avantium reports on the progress of its Sustainability Strategy Chain Reaction 2030, highlighting key stepping stones along the way to achieving Avantium’s ambitious vision of a fossil-free chemical industry by 2050. The report also features sections on Risk Management, Corporate Governance, and the consolidated financial statements and company financial statements.
There is one deviation in the audited consolidated financial statements included in the 2023 Annual Report compared with Avantium’s press release on the 2023 full year results, as published on 20 March 2024. The deviation relates to a working capital adjustment in the Cash Flow Statement, with no net-impact on the net cash outflow from operating activities.
The 2023 Annual Report is available to download here
Avantium today also published its 2023 Remuneration Report. The 2023 Remuneration Report can be found on the Avantium website.