Annual Report And Accounts

Overview

The report describes a strong 2023 performance, including underlying operating profit of £377m and Retirement Income sales of £3,893m. Sustainability highlights include location-based operational emissions of 395 tCO2e, 99% renewable purchased electricity and £325m invested in eligible green and social assets. It reports that 50% of the Board are women and sets net-zero targets for Scope 1, 2 and business travel by 2025 and Scope 3 by 2050. The report also presents a TCFD-based sustainability strategy, responsible investment framework and Board-led climate-risk governance.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: Ends 31 December 2023
Publication date: 7 March 2024
Language: English
Pages
File size
Restatement: Disclosed

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Overview