Whitbread PLC 2021 AR2
The report outlines Whitbread PLC's strategic and financial performance during the challenging 2020/21 fiscal year, heavily impacted by the COVID-19 pandemic. Despite widespread closures, the company successfully raised #1.0 billion through a rights issue and issued #550 million in Green Bonds to fund future environmental projects. Notably, Whitbread accelerated its commitment to achieve net-zero carbon emissions by 2040, a decade earlier than its previous target. The company also expanded its presence in Germany, growing its operational estate to 30 hotels, and achieved a 61.2% reduction in Scope 1 and 2 carbon intensity from its baseline year.
Company: Whitbread PLC
Sector: Hospitality & food services
Country: United Kingdom
Year: 2021
Type: AR2
Pages: 216
Whitbread PLC
The report outlines Whitbread PLC's strategic and financial performance during the challenging 2020/21 fiscal year, heavily impacted by the COVID-19 pandemic. Despite widespread closures, the company successfully raised #1.0 billion through a rights issue and issued #550 million in Green Bonds to fund future environmental projects. Notably, Whitbread accelerated its commitment to achieve net-zero carbon emissions by 2040, a decade earlier than its previous target. The company also expanded its presence in Germany, growing its operational estate to 30 hotels, and achieved a 61.2% reduction in Scope 1 and 2 carbon intensity from its baseline year.
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Document Details
Report Year
2021
Reporting Period
Feb 28, 2020 - Feb 25, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees