Forterra PLC 2022 AR2
The report highlights Forterra plc's strong financial performance in 2022, with revenue increasing by 23% to £455.5 million and profit before tax rising to £72.9 million. Operationally, the company successfully commissioned its new Desford brick factory within its £95 million budget, which is expected to increase brick production capacity by 22%. In sustainability, Forterra entered a 15-year Power Purchase Agreement to secure 70% of its electricity from a solar farm starting in 2024 and commenced a £2.5 million solar installation at the Desford facility. The company also committed to a 32% reduction in carbon emissions intensity by 2030 and net-zero emissions by 2050.
Company: Forterra PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 103
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Forterra PLC
Annual Report And Accounts
The report highlights Forterra plc's strong financial performance in 2022, with revenue increasing by 23% to £455.5 million and profit before tax rising to £72.9 million. Operationally, the company successfully commissioned its new Desford brick factory within its £95 million budget, which is expected to increase brick production capacity by 22%. In sustainability, Forterra entered a 15-year Power Purchase Agreement to secure 70% of its electricity from a solar farm starting in 2024 and commenced a £2.5 million solar installation at the Desford facility. The company also committed to a 32% reduction in carbon emissions intensity by 2030 and net-zero emissions by 2050.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 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:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees