Annual Report

Overview

The report describes Stelrad's 2024 performance as resilient, with revenue of £290.6m and operating profit of £31.4m despite difficult market conditions. Sustainability highlights include renewable energy reaching 41.6%, a target to reduce operational and supply-chain net carbon emissions to zero by 2050, and continued progress on carbon, packaging and safety metrics. Stelrad also joined the UN Global Compact and launched its Green Compact low-carbon radiator range in the UK.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Publication date: 7 March 2025
Language: English
Pages
File size
Restatement: Disclosed

Standards

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

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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