Pearson PLC 2023 AR2
The report highlights Pearson's strong financial and strategic progress in 2023, delivering 5% underlying sales growth (excluding OPM and Strategic Review) and a 31% increase in adjusted operating profit to £573m. The company successfully executed a £120m cost savings programme, improving its adjusted operating profit margin to 16%. Key achievements include the acquisition of PDRI to expand workforce assessment services, the launch of generative AI study tools in Mastering and Pearson+, and reaching over one million paid subscriptions for Pearson+. On sustainability, Pearson achieved a 16.3% reduction in greenhouse gas emissions compared to 2022, keeping it on track for its 2030 net-zero goals.
Company: Pearson PLC
Sector: Media & publishing
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 252
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Pearson PLC
Annual Report And Accounts
The report highlights Pearson's strong financial and strategic progress in 2023, delivering 5% underlying sales growth (excluding OPM and Strategic Review) and a 31% increase in adjusted operating profit to £573m. The company successfully executed a £120m cost savings programme, improving its adjusted operating profit margin to 16%. Key achievements include the acquisition of PDRI to expand workforce assessment services, the launch of generative AI study tools in Mastering and Pearson+, and reaching over one million paid subscriptions for Pearson+. On sustainability, Pearson achieved a 16.3% reduction in greenhouse gas emissions compared to 2022, keeping it on track for its 2030 net-zero goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 13, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees