TPS Eastern Africa PLC 2023 AR2
The report highlights TPS Eastern Africa PLC's (Serena Hotels) financial recovery and sustainability achievements in 2023. The company achieved a 40% increase in turnover to Shs 9.7 billion and a 48% growth in EBITDA to Shs 2.7 billion. On sustainability, the company continued its decarbonization efforts, achieving a 13.4% reduction in Scope 1 and 2 emissions compared to the 2019 baseline, with several properties operating on solar power. Serena Hotels also continued its sea turtle and butterfly conservation programs, planted 6.7 million trees cumulatively since 1991, and eliminated significant single-use plastics from its supply chain. Additionally, the company supported local communities through employment, education, and free medical consultations.
Company: TPS Eastern Africa PLC
Sector: Consumer Discretionary
Country: Kenya
Year: 2023
Type: AR2
Pages: 112
TPS Eastern Africa PLC
Annual Report And Financial Statements
The report highlights TPS Eastern Africa PLC's (Serena Hotels) financial recovery and sustainability achievements in 2023. The company achieved a 40% increase in turnover to Shs 9.7 billion and a 48% growth in EBITDA to Shs 2.7 billion. On sustainability, the company continued its decarbonization efforts, achieving a 13.4% reduction in Scope 1 and 2 emissions compared to the 2019 baseline, with several properties operating on solar power. Serena Hotels also continued its sea turtle and butterfly conservation programs, planted 6.7 million trees cumulatively since 1991, and eliminated significant single-use plastics from its supply chain. Additionally, the company supported local communities through employment, education, and free medical consultations.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees