One green step ahead In the future, Verdo wants to play an even greater socially relevant role in the areas in which we operate through commitment, knowledge sharing and financial support.
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erdo succeeds when we develop new solutions together with customers and design infrastructure and urban solutions as a local, innovative partner. Verdo CEO Jakob Flyvbjerg Christensen has an ambition. An ambition to involve local communities in the business to a much greater extent than in the past. In 2020, Verdo focused on running its regulatory and commercial business, and these efforts will continue at full steam in the coming years supported by the new strategy. But it is a balancing act as the regulatory business places a special responsibility and obligation on us, while the commercial business obviously needs to be profitable and create value. So the question is whether Verdo exists to make money or whether
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Annual report 2020
it exists for the benefit of the local community, among other things. Jakob Flyvbjerg Christensen has no doubt: “Verdo must be a cornerstone of the local community. We’re now so much more than a utility company focusing on critical infrastructure. We believe that the Verdo Group can make an increasingly positive difference to our local communities by contributing to the green transformation, securing local infrastructure, developing urban and business communities and making Verdo an even more attractive place to work.” Giving back DKK 3 million to the community This requires that Verdo increasingly views itself as an active and committed player in the local communities in which
we operate – a process that will be accelerated in 2021. As a utility company, our roots are in the production and distribution of heat, water and electricity. Over time, however, we have expanded our growing business to include other areas of activity – areas that build on the expertise we have acquired over the years as a utility company. We want to make a difference with our new, purpose-driven ambition. And although we invested heavily in the Group’s portfolio during 2020, we still gave back more than DKK 3 million to the community in the form of sponsorships. Add to this our investments and other activities in the local communities, where we play a major role. Verdo’s sponsorships reflect our values and our responsibility to the local community we are part of. We have