3/24/2024 0 Comments Halma reporting group![]() ![]() Importantly, this strategy was informed by a detailed materiality assessment and contained measurable targets for the near-, medium- and long-term, all of which have been submitted for SBTi validation. The Restaurant Group shared its strengthened ESG Strategy, ‘Preserving The Future’, in its latest Interim Results, which includes playing an active role in developing sector wide plans to reduce emissions and committing to Net Zero carbon emissions by 2035.īecoming a certified B Corp is another way companies can look to demonstrate their ESG credentials, with Kin + Carta recently announcing they are looking to become the first public company listed on the London Stock Exchange to do so. At the beginning of September, Barratt Developments’ Full Year results announcement revealed an ambitious plan to become the ‘leading national sustainable housebuilder’, with a detailed roadmap to reduce their carbon footprint and LTPP incentive schemes linked to their success in reducing emissions. ASOS’ Capital Markets Event, ‘Fashion with Integrity’, focused on their own roadmap to net zero as well as an increased focus on human rights and transparency within its supply chain, including a focus on ethical trading, sustainable sourcing and animal welfare. They are not alone, however, and many corporates have been developing their own strategies. Through our ‘Client in Focus’ feature, we have attempted to share those of our corporate clients who we believe are doing this particularly effectively, with Halma – this month’s chosen example – widely regarded as leading the way when it comes to ESG communications. Recent results announcements and capital markets events have shone a spotlight on this area of focus, with financial audiences quickly becoming well-versed in what makes for a credible, realistic and – importantly – measurable approach to sustainability.įrom a communications perspective, it is still relatively early days for this area of the market, with many companies looking across the market for ‘best practice’ examples. In light of this evolving landscape, we are beginning to see corporate UK raise the bar when it comes to ESG communications, in terms of their purpose, strategic direction and – importantly – ESG disclosures. “Marc is an outstanding leader and I look forward to working with him to ensure a smooth handover.Key Themes 1. Corporates raise the bar when it comes to ESG reportingĮnvironmental, Social and Governance (ESG) metrics have been top of the agenda for the capital markets for a number of years, however the demand for increased transparency and disclosure on sustainable and socially responsible practices is on the up.īusinesses are finding themselves subject to increasing scrutiny and demands from stakeholders for increased accountability when it comes to all things ESG-related. “It is testament to Halma’s long-term approach to succession planning and the quality of the Halma senior leadership team that the next Group Chief Executive comes from within the business,” said Williams. Williams will remain with the company to guide Ronchetti in the role until he takes over for the group on 1 April 2023. I am excited by the opportunity to lead such a fantastic and talented team, and to continue Halma’s long track record of creating value through our Sustainable Growth Model,” said Ronchetti. “I am delighted to have been selected as Halma’s next Group Chief Executive. Ronchetti has confirmed he will remain in his role as chief executive designate and CFO until his successor has been appointed. Williams is set to be succeeded by CFO Marc Ronchetti, who has been appointed as chief executive designate. Halma announced the resignation of Andrew Williams as CEO, following 18 years in the position. “Our strong performance reflects huge credit on the dedication of our people across the business, and was underpinned by our empowering purpose and culture, our focus on niche markets with long-term, fundamental growth drivers and the high value of the solutions we provide to our customers.” New CEO “Halma’s Sustainable Growth Model enabled our companies to act with agility to address new market opportunities and to respond rapidly to the multiple operational and economic challenges they faced during the year.” ![]() “This was a year of notable achievements for Halma, with revenue exceeding £1.5bn and profit £300m for the first time,” said Halma CEO Andrew Williams. ![]()
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