Marshalls PLC 2023 AR2
The report highlights Marshalls plc's financial and ESG performance for the year ended December 31, 2023. Despite challenging market conditions leading to a 7% revenue decline to £671.2 million, the company took decisive actions to reduce costs and manage cash, successfully reducing pre-IFRS 16 net debt by £17.8 million. Key ESG achievements include establishing a Board ESG Committee, installing solar arrays at a fifth location, and submitting revised near and long-term net-zero targets to the SBTi for validation. Additionally, the company maintained its Living Wage employer status and Fair Tax Mark, while improving its lost time injury frequency rate to 0.78.
Company: Marshalls PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 168
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Marshalls PLC
Annual Report And Accounts
The report highlights Marshalls plc's financial and ESG performance for the year ended December 31, 2023. Despite challenging market conditions leading to a 7% revenue decline to £671.2 million, the company took decisive actions to reduce costs and manage cash, successfully reducing pre-IFRS 16 net debt by £17.8 million. Key ESG achievements include establishing a Board ESG Committee, installing solar arrays at a fifth location, and submitting revised near and long-term net-zero targets to the SBTi for validation. Additionally, the company maintained its Living Wage employer status and Fair Tax Mark, while improving its lost time injury frequency rate to 0.78.
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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 Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees