QinetiQ Group PLC 2023 AR2
The report outlines QinetiQ's financial and operational performance for the fiscal year 2023, highlighting its strategic progress in global defence and security markets. The company achieved a 30.5% reduction in Scope 1 and Scope 2 greenhouse gas emissions against its FY20 baseline, with its targets validated by the Science Based Targets initiative (SBTi). Additionally, QinetiQ invested significantly in its employee offering, introducing a hardship fund and a personal development fund to support its workforce. The company also completed two major acquisitions, Avantus in the US and Air Affairs in Australia, to accelerate its global growth strategy.
Company: QinetiQ Group PLC
Sector: Industrials
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 121
QinetiQ Group PLC
Annual Report & Accounts
The report outlines QinetiQ's financial and operational performance for the fiscal year 2023, highlighting its strategic progress in global defence and security markets. The company achieved a 30.5% reduction in Scope 1 and Scope 2 greenhouse gas emissions against its FY20 baseline, with its targets validated by the Science Based Targets initiative (SBTi). Additionally, QinetiQ invested significantly in its employee offering, introducing a hardship fund and a personal development fund to support its workforce. The company also completed two major acquisitions, Avantus in the US and Air Affairs in Australia, to accelerate its global growth strategy.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees