BAE Systems PLC 2020 AR2
The report highlights BAE Systems' performance in 2020, during which the company successfully managed the challenges of the COVID-19 pandemic while delivering strong financial results, including sales of £20.9bn and an order backlog of £45.2bn. Strategically, the company completed two major US acquisitions—the Military GPS and Airborne Tactical Radios businesses—and accelerated its UK pension deficit reduction with a £1bn cash injection. On the sustainability front, BAE Systems set a target to achieve net zero greenhouse gas emissions across its operations by 2030 and began working towards a net zero value chain by 2050. Additionally, the company supported local communities during the pandemic by donating over 150,000 items of personal protective equipment and contributing to ventilator production.
Company: BAE Systems PLC
Sector: Industrials
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 268
BAE Systems PLC
Annual Report
The report highlights BAE Systems' performance in 2020, during which the company successfully managed the challenges of the COVID-19 pandemic while delivering strong financial results, including sales of £20.9bn and an order backlog of £45.2bn. Strategically, the company completed two major US acquisitions—the Military GPS and Airborne Tactical Radios businesses—and accelerated its UK pension deficit reduction with a £1bn cash injection. On the sustainability front, BAE Systems set a target to achieve net zero greenhouse gas emissions across its operations by 2030 and began working towards a net zero value chain by 2050. Additionally, the company supported local communities during the pandemic by donating over 150,000 items of personal protective equipment and contributing to ventilator production.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees