Ibstock PLC 2020 AR2
The report highlights Ibstock plc's performance and strategic progress during the 2020 fiscal year, which was significantly impacted by the COVID-19 pandemic. Despite a 23% decline in revenue to £316 million and a statutory loss before tax of £24 million, the company successfully completed a restructuring program to deliver £20 million in future annual savings. On the sustainability front, Ibstock achieved a 6.5% reduction in carbon emissions per tonne of production against its 2015 baseline and began procuring 100% renewable electricity starting in January 2021. Additionally, the company reduced its Lost Time Injury Frequency Rate (LTIFR) to 2.2, surpassing its five-year safety target.
Company: Ibstock PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2020
Type: AR2
Pages: 168
Ibstock PLC
The report highlights Ibstock plc's performance and strategic progress during the 2020 fiscal year, which was significantly impacted by the COVID-19 pandemic. Despite a 23% decline in revenue to £316 million and a statutory loss before tax of £24 million, the company successfully completed a restructuring program to deliver £20 million in future annual savings. On the sustainability front, Ibstock achieved a 6.5% reduction in carbon emissions per tonne of production against its 2015 baseline and began procuring 100% renewable electricity starting in January 2021. Additionally, the company reduced its Lost Time Injury Frequency Rate (LTIFR) to 2.2, surpassing its five-year safety target.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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:
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees