Annual Report And Accounts

Overview

The report describes a resilient FY2023, with group revenue reaching £1,091.9m and the business delivering a strong operating result despite inflationary pressures. Smiths News Recycle moved from regional trial to national rollout, reaching nearly 4,000 paying customers and expanding the company's waste-recycling services. The company formalised emissions reduction targets covering Scopes 1, 2 and selected Scope 3 categories, including a 4.96% annual absolute reduction and a 32.5% cumulative Scope 3 reduction by 2028. Governance and inclusion also advanced, with two women representing 29% of the seven-member Board, while the company maintained ISO 45001 health and safety certification.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: Ends 26 August 2023
Publication date: 15 December 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

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

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Scope
Statement included
Metrics assured

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