Annual Report and Financial Statements

The report highlights Babcock's FY24 validation of its near- and long-term emissions reduction targets and 2050 Net Zero target by the SBTi, alongside a full Scope 3 footprint for calendar 2023. It reports 2,339,896 tCO2e of Scope 3 emissions excluding pensions, and identifies a 28,343-person workforce with 40% female Board representation. The Board is described as overseeing climate-related risks and Group-wide ESG matters.