FirstGroup PLC 2022 AR2
The report highlights FirstGroup plc's transformation into a focused and resilient UK public transport operator following the sale of its North American businesses in FY 2022. The company returned £500m to shareholders through a tender offer and significantly strengthened its balance sheet, reducing adjusted net debt to £3.9m. On sustainability, FirstGroup reduced its carbon intensity by 9% annually on average from 2018 to 2022 and set science-based targets aligned with a 1.5°C ambition. Additionally, the company secured co-funding to introduce over 260 zero-emission buses and successfully launched Lumo, a new 100% electric rail service.
Company: FirstGroup PLC
Sector: Transport & logistics
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 259
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FirstGroup PLC
Annual Report And Accounts
The report highlights FirstGroup plc's transformation into a focused and resilient UK public transport operator following the sale of its North American businesses in FY 2022. The company returned £500m to shareholders through a tender offer and significantly strengthened its balance sheet, reducing adjusted net debt to £3.9m. On sustainability, FirstGroup reduced its carbon intensity by 9% annually on average from 2018 to 2022 and set science-based targets aligned with a 1.5°C ambition. Additionally, the company secured co-funding to introduce over 260 zero-emission buses and successfully launched Lumo, a new 100% electric rail service.
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Document Details
Report Year
2022
Reporting Period
Mar 28, 2021 - Mar 26, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees