Annual Reports & Accounts

Overview

The report describes Wates Group's 2024 performance following the acquisition of Liberty Group, which contributed to turnover growth and brought the workforce close to 6,000 employees. It reports a 33% market-based Scope 1 and 2 emissions reduction against the 2019 baseline and a validated 46.2% reduction target by 2030. The company created £395m of social value and spent £8.7m with social enterprises. The Carbon Trust provided limited assurance over Scope 1, Scope 2 and selected Scope 3 emissions from waste and business travel.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Publication date: 7 April 2025
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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