Wates Group Limited 2023 AR2

The report highlights Wates Group's strong financial performance in 2023, achieving a record turnover of #2.18bn and a profit before tax of #46.2m. The company made significant progress toward its sustainability goals, with its long-term net-zero target for 2045 validated by the Science Based Targets initiative (SBTi). Wates purchased 91.3% of its electricity from renewable sources and increased the percentage of electric vehicles in its company car fleet to 54.8%. Additionally, the Group generated #225m in social value and spent over #7m with social enterprises during the year.

Company: Wates Group Limited

Year: 2023

Type: AR2

Pages: 97

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Wates Group Limited

Wates Group Limited 2023 Annual Reports and Accounts

Annual Reports And Accounts

The report highlights Wates Group's strong financial performance in 2023, achieving a record turnover of #2.18bn and a profit before tax of #46.2m. The company made significant progress toward its sustainability goals, with its long-term net-zero target for 2045 validated by the Science Based Targets initiative (SBTi). Wates purchased 91.3% of its electricity from renewable sources and increased the percentage of electric vehicles in its company car fleet to 54.8%. Additionally, the Group generated #225m in social value and spent over #7m with social enterprises during the year.

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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

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Total Waste

Net Zero Target

Employees