Jardine Cycle & Carriage Ltd 2023 AR2
The report highlights Jardine Cycle & Carriage's (JC&C) performance for the fiscal year 2023, during which the Group achieved a record underlying profit of US$1.16 billion, representing a 6% increase from the previous year. This growth was primarily driven by strong results from Astra, particularly in its automotive and financial services divisions. JC&C made significant strategic progress in diversifying its portfolio away from coal, investing over US$1 billion in low-carbon transition businesses since 2019, including major acquisitions in nickel and geothermal energy. Additionally, the Group reduced its Scope 1 and 2 absolute emissions by over 10% compared to its 2019 baseline and achieved 54% female representation in management at its head office.
Company: Jardine Cycle & Carriage Ltd
Sector: Wholesale & retail
Country: Singapore
Year: 2023
Type: AR2
Pages: 187
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Jardine Cycle & Carriage Ltd
Annual Report
The report highlights Jardine Cycle & Carriage's (JC&C) performance for the fiscal year 2023, during which the Group achieved a record underlying profit of US$1.16 billion, representing a 6% increase from the previous year. This growth was primarily driven by strong results from Astra, particularly in its automotive and financial services divisions. JC&C made significant strategic progress in diversifying its portfolio away from coal, investing over US$1 billion in low-carbon transition businesses since 2019, including major acquisitions in nickel and geothermal energy. Additionally, the Group reduced its Scope 1 and 2 absolute emissions by over 10% compared to its 2019 baseline and achieved 54% female representation in management at its head office.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Renewable Energy
Women on Board
Women in Management