Annual Report And Group Financial Statements

Overview

The report describes The Very Group's FY22 sustainability progress, including the creation of an ESG Committee, the first full materiality assessment of sustainability risks and the inclusion of ESG risks in the principal-risk framework. It reports a 40% reduction in own-operations Scope 1 and 2 carbon footprint, driven largely by renewable energy. The company also sets carbon-neutral targets for Scope 1 and 2 by 2025 and Scope 3 by 2035, while advancing supply-chain worker training and UN Sustainable Development Goal contributions.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: 4 July 2021 – 2 July 2022
Language: English
Pages
File size
Restatement: Disclosed

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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