Virgin Wines UK PLC 2023 AR2
The report highlights Virgin Wines UK plc's sustainability progress and financial performance for the fiscal year ended June 30, 2023. Notably, the company achieved official carbon neutrality certification under the PAS 2060 standard for FY22 and reduced its Scope 1 and 2 emissions by 24.1% in FY23, exceeding its targets. This reduction was driven by initiatives such as installing LED lighting and increasing bulk shipping to 39.8% of its wines. Additionally, the company committed to a Science Based Targets initiative (SBTi) to reduce Scope 1 and 2 emissions by 42% by 2030. Virgin Wines also focused on social initiatives, supporting charities like Growing Well and Bright Start, and conducted its first double-materiality assessment.
Company: Virgin Wines UK PLC
Sector: Consumer Staples
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 59
Virgin Wines UK PLC
Annual Report And Accounts
The report highlights Virgin Wines UK plc's sustainability progress and financial performance for the fiscal year ended June 30, 2023. Notably, the company achieved official carbon neutrality certification under the PAS 2060 standard for FY22 and reduced its Scope 1 and 2 emissions by 24.1% in FY23, exceeding its targets. This reduction was driven by initiatives such as installing LED lighting and increasing bulk shipping to 39.8% of its wines. Additionally, the company committed to a Science Based Targets initiative (SBTi) to reduce Scope 1 and 2 emissions by 42% by 2030. Virgin Wines also focused on social initiatives, supporting charities like Growing Well and Bright Start, and conducted its first double-materiality assessment.
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Document Details
Report Year
2023
Reporting Period
Jul 2, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Total Waste
Employees