BAE Systems PLC 2023 AR2

The report highlights BAE Systems' strong operational and financial performance in 2023, delivering a record order backlog of £69.8bn and sales growth of 9% to £25.3bn. Key strategic milestones included agreements on SSN-AUKUS and the Global Combat Air Programme (GCAP), alongside the announced acquisition of Ball Aerospace to expand its space portfolio. On sustainability, the company reduced its Scope 1 and 2 greenhouse gas emissions by 11% compared to 2022, progressing toward its net-zero operations target by 2030. Additionally, BAE Systems increased its workforce by 6,700 employees globally and invested £180m in UK skills, education, and training.

Company: BAE Systems PLC

Sector: Industrials

Country: United Kingdom

Year: 2023

Type: AR2

Pages: 240

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BAE Systems PLC

BAE Systems PLC 2023 Annual Report

Annual Report

The report highlights BAE Systems' strong operational and financial performance in 2023, delivering a record order backlog of £69.8bn and sales growth of 9% to £25.3bn. Key strategic milestones included agreements on SSN-AUKUS and the Global Combat Air Programme (GCAP), alongside the announced acquisition of Ball Aerospace to expand its space portfolio. On sustainability, the company reduced its Scope 1 and 2 greenhouse gas emissions by 11% compared to 2022, progressing toward its net-zero operations target by 2030. Additionally, BAE Systems increased its workforce by 6,700 employees globally and invested £180m in UK skills, education, and training.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Feb 20, 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

Net Zero Target

Employees