Annual reporting 2024
About this report
The 2024 Integrated Annual Report
In accordance with the Corporate Sustainability Reporting Directive (CSRD), the 2024 annual report has been prepared as one report, integrating the sustainability and financial reports and embedding the mandatory European Sustainability Standards (ESRS). The Sustainability Statements have been prepared in accordance with the Norwegian Accounting Act §§ 2-3 and 2-4, and form part of the Board of Directors report together with information about our operational and financial performance, strategy, business and corporate governance. The following sections in this integrated report form the Board of Directors report: Key figures, Key highlights 2024, Financial performance, Responsibility statement, About Höegh, Corporate governance statement and Sustainability Statements.
The consolidated financial statements have been prepared in accordance with IFRS® Accounting Standards as adopted by the European Union (EU) (“IFRS”). Höegh Autoliners also provides additional disclosures in accordance with the requirements in the Norwegian Accounting Act. All the requirements that apply to the Board of Directors report are covered in this annual report.
The 2024 annual report is prepared using the “incorporation by reference” approach, where some required information as per the ESRSs are not included in the Sustainability Statements but instead included in other parts of the annual report and Remuneration report.
Incorporation by reference
A list of mandatory disclosures, as per the ESRS, which have been placed outside of the Sustainability Statements, is presented in ESRS 2 - General disclosures.
Remuneration report and policy
The remuneration report provides a transparent and comprehensive overview of remuneration of the Corporate Executive Management and the Board of Directors of Höegh Autoliners ASA. The remuneration policy outlines the guidelines for compensation of the Corporate Executive Management and the Board of Directors, including principles, main components of the remuneration. Both the report and the policy are available on our website.
