Tate & Lyle PLC 2022 AR2
The report highlights Tate & Lyle's major strategic transformation during the 2022 fiscal year, notably the agreement to sell a controlling stake in its Primary Products business (Primient) to focus on growth as a speciality food and beverage solutions business. Financially, the company delivered double-digit revenue and profit growth in its continuing operations, with Food & Beverage Solutions revenue increasing by 19%. On the sustainability front, the company eliminated the use of coal in all operations four years ahead of schedule, contributing to a 12% reduction in Scope 1 and 2 greenhouse gas emissions. Additionally, Tate & Lyle committed to achieving carbon net zero by 2050 and established new targets for equity, diversity, and inclusion.
Company: Tate & Lyle PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 212
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Tate & Lyle PLC
Annual Report
The report highlights Tate & Lyle's major strategic transformation during the 2022 fiscal year, notably the agreement to sell a controlling stake in its Primary Products business (Primient) to focus on growth as a speciality food and beverage solutions business. Financially, the company delivered double-digit revenue and profit growth in its continuing operations, with Food & Beverage Solutions revenue increasing by 19%. On the sustainability front, the company eliminated the use of coal in all operations four years ahead of schedule, contributing to a 12% reduction in Scope 1 and 2 greenhouse gas emissions. Additionally, Tate & Lyle committed to achieving carbon net zero by 2050 and established new targets for equity, diversity, and inclusion.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Published
Jun 8, 2022
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:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees