Annual Report 2024

See our 2024 performance highlights, read about how we progressed our Ahead Together strategy and download the full Annual Report.

2024 provided further evidence that Emma and her executive team have seized the opportunity of the demerger to make fundamental improvements to GSK’s operational performance, competitiveness and pipeline.

Sir Jonathan Symonds

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Jonathan Symonds, Chair

We have delivered sustained year-on-year sharper operational performance, profitability and cash improvements. And our long-term outlooks have consistently improved, alongside the quality of our R&D innovation.

Emma Walmsley CEO wearing orange suit and smiling

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Emma Walmsley, CEO

2024 performance and key performance indicators

Research and development

We continued to strengthen our late-stage pipeline with organic R&D delivery and targeted business development, supporting future growth.

£6.4bn

R&D investment in 2024

14

R&D focused on 14 medicines and vaccines launching 2025-31, each with potential sales of more than £2bn

71

assets in the pipeline

19

assets in phase III/registration

13

positive phase III readouts

5

major product approvals expected in 2025

12

new collaborations and acquisitions, including with Elsie Technologies and Flagship Pioneering

Responsible business

We are committed to getting ahead of issues that matter for society and for the long-term performance of our company.
Our Responsible Business Performance Rating tracks progress across our six focus areas: access; global health and health security; environment; inclusion; ethical standards; and product governance.

View our responsibility reports

91%

of our Responsible Business Performance Rating metrics ‘met’ or ‘exceeded’ in 2024

2nd

in the Access to Medicine Index (ATMI) among 20 of the world’s largest pharmaceutical companies

12%

reduction in operational carbon emissions since 2023 (Scope 1 and 2)

Culture and people

People are at the heart of our success. We are committed to making GSK a place where people can thrive, with a culture where we are all ambitious for patients, accountable for impact, and do the right thing. This means we support our people to do things better and faster, focusing on what matters most. We measure progress on embedding our culture through our employee surveys. 

  • Our employee engagement score in 2024 remained high:

    81%