Metro Bank Holdings PLC 2022 AR2

The report highlights Metro Bank's successful completion of its transformation plan, returning to underlying profitability in the fourth quarter of 2022. The bank significantly reduced its statutory losses before tax to £70.7 million, down from £245.1 million in 2021. It also made progress on its sustainability commitments, achieving its target of sourcing 100% renewable-backed electricity across all stores and offices. Additionally, the bank reaffirmed its commitment to achieving net-zero operational carbon emissions by 2030 and net-zero across its value chain by 2050.

Company: Metro Bank Holdings PLC

Sector: Financials

Country: United Kingdom

Year: 2022

Type: AR2

Pages: 251

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Metro Bank Holdings PLC

Metro Bank Holdings PLC 2022 Annual Report and Accounts

Annual Report And Accounts

The report highlights Metro Bank's successful completion of its transformation plan, returning to underlying profitability in the fourth quarter of 2022. The bank significantly reduced its statutory losses before tax to £70.7 million, down from £245.1 million in 2021. It also made progress on its sustainability commitments, achieving its target of sourcing 100% renewable-backed electricity across all stores and offices. Additionally, the bank reaffirmed its commitment to achieving net-zero operational carbon emissions by 2030 and net-zero across its value chain by 2050.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

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:

Scope 3:

Women on Board

Women in Management

Net Zero Target

Employees