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Annual Report 2023/24

We’re working to make a positive impact for net zero, nature and communities while creating financial value for the UK.

In 2023/24, we generated a record net revenue profit of £1.1 billion for the public finances. This means that more than £4 billion has been delivered to the Treasury in the past 10 years. The total value of our overall portfolio is £15.5 billion at the year end.

Our Annual Report shows how we have put our strategy into action over the past year. While some areas of our work are more mature than others, we are making real progress, working in partnership with others, and learning from experience, data, evidence and feedback.

Watch stories below for highlights of our work last year and download our full report.

Download our Annual Report

  • Net zero carbon and energy security

    • c. 11m

      homes could be powered with renewable electricity from the 36 operational wind farms

    • 15%

      reduction in energy consumption across our real estate portfolio compared to our 2021/22 baseline

  • Nature recovery and biodiversity

    • 15%

      of our rural land is to be dedicated to nature recovery

    • £10m

      to support farmers with nature recovery work

  • Inclusive communities and economic growth

    • up to £1.5bn

      to invest in the science, technology and innovation sectors over the next 15 years

    • 1m+

      downloads of two Minecraft Education worlds to help children to build skills in sustainability

Watch stories of our projects

Learn more in our Annual Report

  • Arts ARKADE

    We are supporting Arts ARKADE to create a centre of urban excellence in the heart of London

  • Minecraft

    Working with Microsoft UK, we launched two Minecraft Education Worlds to inspire the next generation

  • Sustainable farming

    We have been working with farmers on the Devizes Estate to support food production and nature recovery

Hear what our people are most proud of

  • Decarbonising our buildings

    Nathan Cooper, our Engineering Associate, talks about the steps we are taking to decarbonise our buildings.

  • Restoring Windsor Great Park

    Luke Forest, Forestry Operations Supervisor at Windsor Great Park, on restoring ancient woodlands and enhancing biodiversity.

  • Offshore wind and kittiwakes

    Florence Peyton Jones, our Asset Adviser in Coastal & Leisure, talks about her kittiwakes evidence project during her internship.

2023/24 Report and supplementary documents