Balfour Beatty PLC 2021 AR2
The report highlights Balfour Beatty's strong financial recovery in 2021, with underlying profit from operations returning to pre-pandemic levels at £197 million. The company made significant progress on its 'Building New Futures' sustainability strategy, reducing its total waste generated by 35% and delivering over £716 million in social value in the UK. Additionally, Balfour Beatty converted its £375 million revolving credit facility into a sustainability-linked loan, the largest in the UK construction industry. Despite these achievements, the Group faced challenges, including resolving the US Department of Justice's military housing investigation and addressing two tragic workplace fatalities.
Company: Balfour Beatty PLC
Sector: Construction
Country: United Kingdom
Year: 2021
Type: AR2
Pages: 260
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Balfour Beatty PLC
Annual Report And Accounts
The report highlights Balfour Beatty's strong financial recovery in 2021, with underlying profit from operations returning to pre-pandemic levels at £197 million. The company made significant progress on its 'Building New Futures' sustainability strategy, reducing its total waste generated by 35% and delivering over £716 million in social value in the UK. Additionally, Balfour Beatty converted its £375 million revolving credit facility into a sustainability-linked loan, the largest in the UK construction industry. Despite these achievements, the Group faced challenges, including resolving the US Department of Justice's military housing investigation and addressing two tragic workplace fatalities.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees