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OKIn recent years, the energy transition has led to a steep increase in renewable energy capacities. The growth in the number of wind farms and solar parks is accelerating, and photovoltaic panels are appearing on the roofs of more and more houses. Renewable energy production is already the largest source of electricity in many markets.
Lausanne – Alpiq looks back on a very good 2023 financial year. The past year’s measures focusing on the core business, risk management and group management brought about the desired progress. The direct dependence on electricity prices was also significantly reduced. Despite significantly lower adjusted total revenue at CHF 8.42 billion, Alpiq increased adjusted EBITDA to CHF 1.184 billion. The company recorded an adjusted net income of CHF 820 million. Operating liquidity remains extremely solid at CHF 1.944 billion and Alpiq was net cash positive of CHF 347 million by the end of 2023.
Sustainability is embedded in Alpiq's purpose and the company is well positioned – thanks to our electricity production from renewable energies and the management of renewable energies for third parties. However, we’re fully aware that further steps are needed to build a truly sustainable company. In this interview with Karin Manser, Lead Sustainability at Alpiq, we discuss Alpiq's sustainability goals and the sustainability reporting requirements for companies resulting from the European Union’s new Corporate Sustainability Reporting Directive (CSRD).
Environmental expert Elena Bruschi has been working for Alpiq in Milan for sixteen years. She is responsible for sustainable development, health and safety in the workplace and permits for power plants. The Milanese expert has worked for Alpiq for so long because she loves her job. She owes her passion for her work to her willingness to diversify her tasks, which is facilitated within the size of Alpiq. Elena is very grateful for this varied working environment, which gives her the opportunity to take on several roles in different areas.