Verdo annual report 2020

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Our StepTogether strategy On 22 December 2020, Verdo’s Supervisory Board approved the new group strategy towards 2025 called StepTogether. The company worked hard on the strategy for most of 2020.

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he strategy also comprises an updated vision: ‘One green step ahead – together’. Verdo wants to stay one step ahead by building on renewable green technologies, increasing value and simplicity for our customers and ensuring efficient operations supported by digitalisation and innovation. Success comes when we create new solutions together with our customers, develop cities and infrastructure with local partners and build a strong shared group culture. But what does this mean in practice? It means that we are part of a community that extends beyond our own company. We stand shoulder to shoulder with our colleagues, customers, partners and not least the local communities we are part of. We are

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Annual report 2020

driven by a strong purpose with a special focus on our corporate social responsibility and the promises we make and want to deliver on. Our mission is to operate and develop critical infrastructure for the benefit of our customers and the society of the future. Verdo is a group with three core areas of activity: heating, water and technical infrastructure. We also sell electricity to residential and business customers. Verdo has seven business areas – two regulatory and five commercial areas – which are supported by a number of staff functions. Verdo faces four key tasks towards 2025: • Creating a solid platform for running

a regulatory and commercial business • Creating an efficient and value-adding group • Building strong and profitable commercial companies • Turning our social contract into a local flagship. The strategy for 2025 is ambitious and requires a transformation of the Verdo Group. Verdo must go from being a commercially run company to being a more purpose-driven company. The strategy for 2025 aims to establish Verdo as a responsible, profitable and innovative critical infrastructure group which is one step ahead to enable a sustainable transformation – also in the short term.


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Verdo annual report 2020 by Verdo - Issuu