Associated British Foods PLC 2024 AR2
The report highlights Associated British Foods plc's significant operational and financial progress in fiscal year 2024, with group revenue increasing by 4% at constant currency to £20.1bn. The company achieved a strong margin recovery, leading to a 32% increase in adjusted operating profit to £1,998m. Key highlights include the transition to combined financial and ESG reporting, notable progress in decarbonising UK sugar production, and a 12% reduction in Primark's Scope 3 greenhouse gas emissions. Additionally, the company expanded its Primark Cotton Project, training over 309,000 farmers to date, and launched the Primark Durability Framework to promote circular design.
Company: Associated British Foods PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 112
Back to company
Associated British Foods PLC
Annual Report
The report highlights Associated British Foods plc's significant operational and financial progress in fiscal year 2024, with group revenue increasing by 4% at constant currency to £20.1bn. The company achieved a strong margin recovery, leading to a 32% increase in adjusted operating profit to £1,998m. Key highlights include the transition to combined financial and ESG reporting, notable progress in decarbonising UK sugar production, and a 12% reduction in Primark's Scope 3 greenhouse gas emissions. Additionally, the company expanded its Primark Cotton Project, training over 309,000 farmers to date, and launched the Primark Durability Framework to promote circular design.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Sep 17, 2023 - Sep 14, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees