Vanquis Banking Group PLC 2022 AR2
The report highlights Vanquis Banking Group's successful repositioning towards the mid-cost and near-prime credit markets, culminating in its corporate name change from Provident Financial plc. In 2022, the company achieved strong receivables growth across credit cards, vehicle finance, and personal loans, with total receivables reaching £1.9bn. The group also made significant progress on its climate responsibilities, accounting for all material Scope 3 emissions and working toward setting science-based targets to support its net-zero by 2040 ambition. Additionally, the company announced the upcoming launch of the Vanquis Banking Group Foundation to support social mobility and financial inclusion.
Company: Vanquis Banking Group PLC
Sector: Financials
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 240
Vanquis Banking Group PLC
Annual Report And Financial Statements
The report highlights Vanquis Banking Group's successful repositioning towards the mid-cost and near-prime credit markets, culminating in its corporate name change from Provident Financial plc. In 2022, the company achieved strong receivables growth across credit cards, vehicle finance, and personal loans, with total receivables reaching £1.9bn. The group also made significant progress on its climate responsibilities, accounting for all material Scope 3 emissions and working toward setting science-based targets to support its net-zero by 2040 ambition. Additionally, the company announced the upcoming launch of the Vanquis Banking Group Foundation to support social mobility and financial inclusion.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
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