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ASSA ABLOY Publishes Its Annual Report 2024

The annual report includes ASSA ABLOY’s first Corporate Sustainability Report Directive, one year ahead of the mandatory requirement.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

ASSA ABLOY has published its Annual Report 2024. The report can be found on the Group’s website: www.assaabloy.com/investors.

“We can look back at a successful year in which ASSA ABLOY reached several milestones,” said Nico Delvaux, president and CEO of ASSA ABLOY. “In a challenging market, we delivered record earnings with the operating margin in line with our financial target.

“We achieved our Scope 1 & 2 carbon emission reduction target one year ahead of plan,” Delvaux added. “During the year, we also celebrated the 30th anniversary of ASSA ABLOY and its remarkable journey. ASSA ABLOY is the global leader in access solutions and with continued focus and investments in innovation, we have a favorable position from which we will continue to lead our industry going forward.”

The annual report includes ASSA ABLOY’s first Corporate Sustainability Report Directive (CSRD), one year ahead of the mandatory requirement. The CSRD report provides further details on ASSA ABLOY’s work on sustainability including key outcomes in 2024.

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