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Reviewing 2023

Five Year Comparison of Key Figures

1) NITRO 2023: Borealis divested the Borealis Fertilizers, Melamine and Technical Nitrogen Business beginning of July 2023, therefore only Fertilizers, Melamine and TEN data for first six months is included for NITRO. For further details please refer to note 8.1. Sale of Borealis NITRO in the Notes to the Consolidated Financial Statements.
2) NITRO 2020–2022: Borealis Fertilizers, Melamine and Technical Nitrogen Business excl. Rosier Group. See also footnote 1.
3) Environmental data might be subject to minor adjustments due to ongoing audits and missing third-party data at the time of closing of this report.
4) Rosier Group is excluded from TRI 2022 excl. NITRO.
5) Severe upsets led to significant emergency flaring during shutdowns; further there was a lack of recycling capacity.
6) Full-time equivalents considers part-time employed staff only as 0.5.
7) Number of employees has been presented in headcount instead of full-time equivalents since 2022. A comparison to previous years is only possible until 2021.

For Information: As described in the Notes to the Consolidated Financial Statements, Borealis sold its divesting Fertilizers, Melamine and Technical Nitrogen Products business unit (Borealis NITRO). This has resulted in the “discontinued operation” classification in the Consolidated Financial Statements. Accordingly, turnover, capital expenditure and operating expenditure do not include the nitrogen business unit (except Rosier Group as this is not part of the Fertilizers, Melamine and TEN divestment process). All non-financial information for the reporting period 2023 includes Borealis Fertilizers, Melamine and TEN (NITRO) for the first half of 2023. The figures are, therefore, not fully comparable.

Combined Annual Report 2023 (PDF)

English and German Version available

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Disclaimer

This online report contains only highlights and excerpts from Borealis’ Combined Annual Report 2023. Only the entire report is legally binding and it must be read in full to gain a comprehensive understanding of Borealis’ performance and activities in 2023. A copy of the Combined Annual Report 2023 can be downloaded here.