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| Sustainability practicedWith approx. 90 % of its electricity coming from hydropower (the remaining 10 % is generated in thermal power plants), Verbund uses the natural resource water without depleting this resource. Verbund has therefore been practicing sustainability since it was founded in 1947.
Last year, Verbund reported the best annual result in company history. This is attributable not only to the fact that the generation costs in the hydropower plants have been falling for a number of years already but also to the implementation of comprehensive restructuring measures and strict cost management. Verbund can generate a premium on the market in the form of higher prices for electricity from 100 % hydropower that is generated in TÜV-certified hydropower plants. Economic success combined with ecological and social responsibility also allowed the company to strengthen its position on the capital market: in 2002, the Verbund share was included in the sustainability index FTSE4Good [External link] at the London Stock Exchange.
The execution of a group-wide project on value-oriented corporate management will shed more transparency on value creation, capital efficiency and capital cost awareness within Verbund. The utilization of the uniform and comparable ratio, Economic Value Added (EVA), paves the way for a sustainable increase in corporate value.
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