Paragon Banking Group PLC 2023 Annual Report with Sustainability Disclosures
Company: Paragon Banking Group PLC
Sector: Finance & insurance
Country: United Kingdom
Year: 2023
Type: Annual Report with Sustainability Disclosures
The report highlights Paragon's commitment to achieve net zero across all attributable greenhouse gas emissions, including financed emissions, by 2050. It reports 1,525 tonnes CO2e of market-based Scope 1, 2 and 3 operational emissions for 2023, alongside 92.1% of purchased electricity from renewable sources. The Group also reports 1,522 year-end employees, 40.0% women on its ten-member Board and 469 employee volunteering days. Its operational emissions totals were independently verified by EcoAct, while financed-emissions reporting was expanded using the PCAF standard.
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