Serco Group PLC 2023 AR2

The report highlights Serco's financial and operational performance for the fiscal year 2023, showcasing a 7% revenue increase to £4.9bn and a sixth consecutive year of growth in underlying operating profit to £249m. It outlines the company's refreshed strategy to transition from an outsourcer to an "Impact Partner," focusing on customers, colleagues, and capabilities. Key sustainability achievements include an 18% reduction in Scope 1 and 2 carbon emissions compared to 2022 and the submission of updated near-term Net Zero targets to the Science Based Targets initiative for validation. Additionally, the company expanded its employee share plan globally and achieved a one-point improvement in its employee engagement score to 71.

Company: Serco Group PLC

Sector: Industrials

Country: United Kingdom

Year: 2023

Type: AR2

Pages: 234

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Serco Group PLC

Serco Group PLC 2023 Annual Report and Accounts

Annual Report And Accounts

The report highlights Serco's financial and operational performance for the fiscal year 2023, showcasing a 7% revenue increase to £4.9bn and a sixth consecutive year of growth in underlying operating profit to £249m. It outlines the company's refreshed strategy to transition from an outsourcer to an "Impact Partner," focusing on customers, colleagues, and capabilities. Key sustainability achievements include an 18% reduction in Scope 1 and 2 carbon emissions compared to 2022 and the submission of updated near-term Net Zero targets to the Science Based Targets initiative for validation. Additionally, the company expanded its employee share plan globally and achieved a one-point improvement in its employee engagement score to 71.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 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:

Scope 3:

Energy Consumption

Water Consumption

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees