Serco Group PLC

Annual Report and Accounts

Report overview

The report describes Serco's strong 2024 results, including £4,787.3m in revenue and £274m in underlying operating profit. It reports a 34% reduction in operational Scope 1 and 2 emissions against its 2022 base year and 100% renewable-sourced electricity globally. The company's Net Zero targets were validated by the SBTi in 2024, and it set a 2050 Net Zero goal. The report also describes its Double Materiality Assessment and ESG oversight arrangements.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Publication date: 26 February 2025
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status
CDP score

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

ESG & Materiality

ESG data

Indicators available in this report:

Scope 1 emissions
Scope 2 emissions
Energy consumption
Renewable energy
Employees
Women on the board
Workplace fatalities
Net zero target

Materiality

Assessment
Basis

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