Annual Report

The report describes Melrose's 2022 financial performance and its continued implementation of a decentralised sustainability strategy. The company reported statutory revenue of £7,537 million and adjusted operating profit of £480 million, while adopting its first Net Zero Transition Plan and expanding TCFD, CDP Water Security and supply-chain engagement disclosures. It reports a 20% emissions-intensity reduction target by 2025, a 25% water-withdrawal-intensity target by 2030, and progress on energy, waste and product decarbonisation. The report also highlights 43,787 employees, 40% female Board representation, safety performance below a 0.1 LTA frequency rate and community donations of £1,042,150.