WPP PLC 2023 AR2
The report highlights WPP's strategic progress and financial performance for the fiscal year 2023, emphasizing its 'Innovating to Lead' strategy focused on AI, data, and technology. Key achievements include the merger of Wunderman Thompson and VMLY&R to form VML, the world's largest creative agency, and the creation of Burson. Financially, the company delivered a resilient performance with £14.8 billion in revenue and a headline operating margin of 14.8%. On sustainability, WPP reduced its absolute Scope 1 and 2 emissions by 76% from its 2019 baseline, with 88% of electricity sourced from renewable energy, and launched GroupM's omnichannel media carbon calculator to help clients measure campaign footprints.
Company: WPP PLC
Sector: Professional & technical services
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 238
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WPP PLC
Annual Report & Accounts
The report highlights WPP's strategic progress and financial performance for the fiscal year 2023, emphasizing its 'Innovating to Lead' strategy focused on AI, data, and technology. Key achievements include the merger of Wunderman Thompson and VMLY&R to form VML, the world's largest creative agency, and the creation of Burson. Financially, the company delivered a resilient performance with £14.8 billion in revenue and a headline operating margin of 14.8%. On sustainability, WPP reduced its absolute Scope 1 and 2 emissions by 76% from its 2019 baseline, with 88% of electricity sourced from renewable energy, and launched GroupM's omnichannel media carbon calculator to help clients measure campaign footprints.
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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
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees