Farmers' Mutual Group 2023 AR2
The report outlines FMG's financial and sustainability performance for the 2022-2023 fiscal year, highlighting its resilience as a mutual insurer despite a net loss of $15.7 million due to severe weather events like Cyclone Gabrielle. The company advanced its sustainability efforts by conducting a materiality assessment across four pillars and continuing its partnership with Melanoma New Zealand and the Farmstrong wellbeing programme. FMG also reported its greenhouse gas emissions, noting a 21% increase in absolute net emissions to 2,159.42 tonnes CO2e due to post-COVID travel recovery, while remaining on track for its 2030 reduction goals.
Company: Farmers' Mutual Group
Sector: Finance & insurance
Country: New Zealand
Year: 2023
Type: AR2
Pages: 72
Farmers' Mutual Group
The report outlines FMG's financial and sustainability performance for the 2022-2023 fiscal year, highlighting its resilience as a mutual insurer despite a net loss of $15.7 million due to severe weather events like Cyclone Gabrielle. The company advanced its sustainability efforts by conducting a materiality assessment across four pillars and continuing its partnership with Melanoma New Zealand and the Farmstrong wellbeing programme. FMG also reported its greenhouse gas emissions, noting a 21% increase in absolute net emissions to 2,159.42 tonnes CO2e due to post-COVID travel recovery, while remaining on track for its 2030 reduction goals.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available