Discovery Ltd 2024 IR
The report highlights Discovery's performance for the fiscal year ended June 30, 2024, during which normalised operating profit grew by 17% to R11,604 million. The company successfully implemented IFRS 17 and restructured its operations into two distinct composites, Discovery SA and Vitality, to drive future organic growth. In sustainability, Discovery achieved a 21.4% reduction in Scope 1 and 2 emissions against its 2019 baseline, exceeding its short-term target. The company also deferred its carbon-neutral goal to 2027 to align with renewable energy procurement from Discovery Green, and its digital banking platform, Discovery Bank, reached the milestone of one million clients.
Company: Discovery Ltd
Sector: Financials
Country: South Africa
Year: 2024
Type: IR
Pages: 102
Discovery Ltd
Integrated Annual Report
The report highlights Discovery's performance for the fiscal year ended June 30, 2024, during which normalised operating profit grew by 17% to R11,604 million. The company successfully implemented IFRS 17 and restructured its operations into two distinct composites, Discovery SA and Vitality, to drive future organic growth. In sustainability, Discovery achieved a 21.4% reduction in Scope 1 and 2 emissions against its 2019 baseline, exceeding its short-term target. The company also deferred its carbon-neutral goal to 2027 to align with renewable energy procurement from Discovery Green, and its digital banking platform, Discovery Bank, reached the milestone of one million clients.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Integrated Report
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 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees