Babcock International Group PLC 2022 AR2
The report outlines Babcock International Group PLC's strategic and financial progress during its first year of turnaround in the fiscal year 2022. The company successfully focused its portfolio, generating gross proceeds of £447 million from four completed disposals, and implemented a new operating model that delivered £20 million in savings. On sustainability, Babcock expanded its environmental commitments, aligning with a 1.5°C pathway to achieve net zero emissions across its estate, assets, and operations by 2040. Additionally, the company secured key export agreements for its Arrowhead 140 frigate design with Indonesia and Poland, strengthening its international defence presence.
Company: Babcock International Group PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 248
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Babcock International Group PLC
Annual Report And Financial Statements
The report outlines Babcock International Group PLC's strategic and financial progress during its first year of turnaround in the fiscal year 2022. The company successfully focused its portfolio, generating gross proceeds of £447 million from four completed disposals, and implemented a new operating model that delivered £20 million in savings. On sustainability, Babcock expanded its environmental commitments, aligning with a 1.5°C pathway to achieve net zero emissions across its estate, assets, and operations by 2040. Additionally, the company secured key export agreements for its Arrowhead 140 frigate design with Indonesia and Poland, strengthening its international defence presence.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees