British American Tobacco PLC 2022 Annual Report with Sustainability Disclosures
Company: British American Tobacco PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 498
The report presents BAT's first Combined Annual and ESG Report, including its first Double Materiality Assessment. It reports that the company's 1.5°C-aligned Scope 1, 2 and 3 reduction targets were approved by the SBTi, alongside a Net Zero value-chain target for 2050. In 2022, Scope 1 and 2 emissions fell 22.3% against the 2020 baseline, renewable energy use reached 33%, and operational waste recycling increased to 84%. The company also appointed its first Chief Sustainability Officer and describes Board-level oversight of sustainability and ESG matters.
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