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
BAE Systems PLC
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