Star Entertainment Group Ltd 2023 AR2
The report outlines The Star Entertainment Group's performance and strategic focus during the 2023 financial year, a period marked by significant regulatory challenges, including the suspension of its casino licences in NSW and Queensland. The company launched a comprehensive remediation program to restore its suitability, focusing on cultural transformation, safer gambling, and financial crime compliance. Financially, the Group reported a statutory net loss after tax of $2.4 billion, heavily impacted by non-cash impairments of $2.2 billion, while statutory EBITDA (before significant items) rose 33.6% to $317 million. On the environmental front, the company progressed toward its net-zero 2030 target, reducing emissions intensity by 27% from its FY13 baseline and planting 63,500 native trees.
Company: Star Entertainment Group Ltd
Sector: Consumer Discretionary
Country: Australia
Year: 2023
Type: AR2
Pages: 164
Star Entertainment Group Ltd
Annual Report
The report outlines The Star Entertainment Group's performance and strategic focus during the 2023 financial year, a period marked by significant regulatory challenges, including the suspension of its casino licences in NSW and Queensland. The company launched a comprehensive remediation program to restore its suitability, focusing on cultural transformation, safer gambling, and financial crime compliance. Financially, the Group reported a statutory net loss after tax of $2.4 billion, heavily impacted by non-cash impairments of $2.2 billion, while statutory EBITDA (before significant items) rose 33.6% to $317 million. On the environmental front, the company progressed toward its net-zero 2030 target, reducing emissions intensity by 27% from its FY13 baseline and planting 63,500 native trees.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
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:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees