Vanquis Banking Group PLC 2023 AR2
The report highlights a challenging year for Vanquis Banking Group, which initiated a comprehensive strategic review and performance reset to return to sustainable, profitable growth. Key developments included the successful acquisition and integration of the money-saving fintech Snoop and the rebranding of the Group under the Vanquis brand. Financially, the Group reported an adjusted profit before tax of £24.9m and grew customer numbers to 1.75 million. On the sustainability front, the Group achieved 100% offset of its operational carbon footprint (excluding Scope 3 supplier and financed vehicle emissions) and had its science-based carbon reduction targets approved by the SBTi.
Company: Vanquis Banking Group PLC
Sector: Finance & insurance
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 196
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Vanquis Banking Group PLC
Annual Report And Accounts
The report highlights a challenging year for Vanquis Banking Group, which initiated a comprehensive strategic review and performance reset to return to sustainable, profitable growth. Key developments included the successful acquisition and integration of the money-saving fintech Snoop and the rebranding of the Group under the Vanquis brand. Financially, the Group reported an adjusted profit before tax of £24.9m and grew customer numbers to 1.75 million. On the sustainability front, the Group achieved 100% offset of its operational carbon footprint (excluding Scope 3 supplier and financed vehicle emissions) and had its science-based carbon reduction targets approved by the SBTi.
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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
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