Annual Report 2016

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Annual Report

Established in 1934 as the Turf Development Board, renamed Bord na Móna in 1946, the Company committed itself over 80 years ago to delivering sustainable industry to Ireland using indigenous resources.

Moving to environmentally friendly renewable energy sources is imperative and we intend to lead that change with the transition to peat free electricity generation by 2030. We see this as an opportunity to provide energy security for the future. By repositioning and restructuring, we will ensure the future success and sustainability of our business for the benefit of all our key stakeholders – customers, suppliers, employees, communities and the State.

Transformation will be driven by new uses of our landbank. Our focus is on developing businesses with an understanding of the need to work in harmony with the natural environment and guided by our sustainability principles – economic, social and environmental.

Despite being an iconic Irish brand and household name, recent research highlighted a lack of awareness of the breadth and scale of Bord na Móna and showed people wanted to know more. In 2015 we set about repositioning perceptions of Bord na Móna and developed a communications strategy to inform people about our activities and to highlight our commitment to innovation, sustainable growth and providing energy security for decades to come.

So who are we and what are we about?

Bord na Móna, Naturally Driven…

In a world where our needs are increasingly complex, and energy production, waste disposal and environmental conservation are all interconnected like never before, Bord na Móna has a pivotal role to play. Bord na Móna is not just about peat or wind, we’re about innovation and problem solving. At the heart of Bord na Móna is the ability to take something ordinary and make it better, make it useful. We have a deep rooted drive to make the most of our natural resources and to deliver more sustainable solutions for the benefit of the communities we serve across the island of Ireland. What we do is second nature to us. We are naturally driven.

Chairman’s Statement

I am pleased to present the Annual Report of Bord na Móna for the fiscal year ended 30 March 2016 (“FY16”). Transformation and improvement continued to be the key features of the year under review.

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Managing Director’s Report

It is with great pleasure that I present the 2016 Annual Report for Bord na Móna. I am glad to report that considerable progress has been made on securing the future of Bord na Móna.

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