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primary-nav__drop-down-item-has-children so will open sub nav level 3 --> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/global-health-and-health-security/global-health/"> <span>Global health</span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/global-health-and-health-security/health-security/"> <span>Health security</span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/global-health-and-health-security/using-our-science-for-global-health/"> <span>Using our science for global health</span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/global-health-and-health-security/improving-access-to-healthcare/"> <span>Improving access to healthcare</span> </a> </li> </ul> </div> </div> </li> <li class="primary-nav__drop-down-item 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"> <a href="/en-gb/responsibility/environment/materials-and-waste/"> <span>Materials and waste</span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/environment/health-system-sustainability/"> <span>Health system sustainability</span> </a> </li> </ul> </div> </div> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/diversity-equity-and-inclusion/"> <span> Diversity, equity and inclusion </span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__drop-down-item-has-children "> <a href="/en-gb/responsibility/ethical-standards/"> <span> Ethical standards </span> </a> <div class="primary-nav__drop-down-sub-menu"> <div class="primary-nav__drop-down-links-header"> <a href="" class="primary-nav__drop-down-back"> <!-- This is mobile only, it refers to the parent menu, in this case the Company menu --> <svg width="7" height="12" xmlns="http://www.w3.org/2000/svg"> <path d="m5.66 11.3.53-.52-4.75-4.75-.34-.32-.05-.05.38-.38L6.19.53 5.66 0 0 5.65z" fill="#151515" fill-rule="evenodd" /> </svg> Responsibility </a> <a class="primary-nav__drop-down-anchor-heading" href="/en-gb/responsibility/ethical-standards/"> Ethical standards <svg width="20" height="15" xmlns="http://www.w3.org/2000/svg"> <path d="M12.23 13.94 18.16 8l-.08-.08a.27.27 0 0 1-.2.08H.61v-.92h17.27c.07 0 .14.02.19.07l.08-.08-5.92-5.92.66-.66 6.4 6.4.65.65-.66.66-6.4 6.4-.65-.66Z" fill="#F36633" fill-rule="evenodd" /> </svg> </a> </div> <div class="primary-nav__drop-down-links--scroll"> <ul class="primary-nav__drop-down-sub-menu-list"> <!-- This has primary-nav__drop-down-item-has-children so will open sub nav level 3 --> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/ethical-standards/working-with-third-parties/"> <span>Working with third parties</span> </a> </li> <li 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18.16 8l-.08-.08a.27.27 0 0 1-.2.08H.61v-.92h17.27c.07 0 .14.02.19.07l.08-.08-5.92-5.92.66-.66 6.4 6.4.65.65-.66.66-6.4 6.4-.65-.66Z" fill="#F36633" fill-rule="evenodd" /> </svg> </a> </div> <div class="primary-nav__drop-down-links--scroll"> <ul class="primary-nav__drop-down-sub-menu-list"> <!-- This has primary-nav__drop-down-item-has-children so will open sub nav level 3 --> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/responsibility/esg-resources/esg-reports-archive/"> <span>Reports archive</span> </a> </li> </ul> </div> </div> </li> </ul> </div> </div> <div class="primary-nav__drop-down-promo"> <a href="/en-gb/responsibility/diversity-equity-and-inclusion/" > <span>FEATURED SECTION</span> Diversity equity and inclusion <span class="primary-nav__drop-down-promo-wrapper"> <img src="/media/9346/web16-header-stvg_2_2022_port_13_hess_nav.jpg?mode=stretch&quality=60&width=329&height=185&bgcolor=fff" alt="Lab technician smiling" loading="lazy"> </span> </a> <a href="/en-gb/company/policy-positions/" > <span>SPOTLIGHT ON</span> Our policy positions <span class="primary-nav__drop-down-promo-wrapper"> <img src="/media/9345/gsk_texture_fluid_03_a_cmyk_web-size_nav.jpg?mode=stretch&quality=60&width=329&height=185&bgcolor=fff" alt="GSK orange texture" loading="lazy"> </span> </a> </div> </div> <div class="primary-nav__close-bar"> <button class="primary-nav__close-bar__content"> <span> Close menu </span> </button> </div> </div> </li> <li> <a href="/en-gb/investors/" title="" itemprop="url" class="primary-nav__link primary-nav__link-has-children primary-nav__link--selected" data-title="Investors"> Investors </a> <div class="primary-nav__drop-down"> <div class="primary-nav__drop-down-inner"> <div class="primary-nav__drop-down-links"> <div class="primary-nav__drop-down-links-inner"> <!-- primary-nav__drop-down-links-header only shows on mobile --> <div class="primary-nav__drop-down-links-header"> <a href="" class="primary-nav__drop-down-back"> <svg width="7" height="12" xmlns="http://www.w3.org/2000/svg"> <path d="m5.66 11.3.53-.52-4.75-4.75-.34-.32-.05-.05.38-.38L6.19.53 5.66 0 0 5.65z" fill="#151515" fill-rule="evenodd" /> </svg> <!-- This is mobile only, it refers to the parent menu, in this case the main menu --> Back to main </a> <a class="primary-nav__drop-down-anchor-heading" href="/en-gb/investors/"> Investors <svg width="20" height="15" xmlns="http://www.w3.org/2000/svg"> <path d="M12.23 13.94 18.16 8l-.08-.08a.27.27 0 0 1-.2.08H.61v-.92h17.27c.07 0 .14.02.19.07l.08-.08-5.92-5.92.66-.66 6.4 6.4.65.65-.66.66-6.4 6.4-.65-.66Z" fill="#F36633" fill-rule="evenodd" /> </svg> </a> </div> <ul class="primary-nav__drop-down-list"> <li class="primary-nav__drop-down-item"> <span class="hide-mobile"> <a class="primary-nav__drop-down-anchor-heading" href="/en-gb/investors/"> Investors <svg width="20" height="15" xmlns="http://www.w3.org/2000/svg"> <path d="M12.23 13.94 18.16 8l-.08-.08a.27.27 0 0 1-.2.08H.61v-.92h17.27c.07 0 .14.02.19.07l.08-.08-5.92-5.92.66-.66 6.4 6.4.65.65-.66.66-6.4 6.4-.65-.66Z" fill="#F36633" fill-rule="evenodd" /> </svg> </a> </span> </li> <!-- This has primary-nav__drop-down-item-has-children so will open sub nav level 2 --> <li class="primary-nav__drop-down-item primary-nav__link-no-children primary-nav__drop-down--active-state"> <a href="/en-gb/investors/why-invest-in-gsk/"> <span> Why invest in GSK? </span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/investors/quarterly-results/"> <span> Quarterly results </span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__drop-down-item-has-children "> <a href="/en-gb/investors/financial-reports/"> <span> Financial reports </span> </a> <div class="primary-nav__drop-down-sub-menu"> <div class="primary-nav__drop-down-links-header"> <a href="" class="primary-nav__drop-down-back"> <!-- This is mobile only, it refers to the parent menu, in this case the Company menu --> <svg width="7" height="12" xmlns="http://www.w3.org/2000/svg"> <path d="m5.66 11.3.53-.52-4.75-4.75-.34-.32-.05-.05.38-.38L6.19.53 5.66 0 0 5.65z" fill="#151515" fill-rule="evenodd" /> </svg> Investors </a> <a class="primary-nav__drop-down-anchor-heading" href="/en-gb/investors/financial-reports/"> Financial reports <svg width="20" height="15" xmlns="http://www.w3.org/2000/svg"> <path d="M12.23 13.94 18.16 8l-.08-.08a.27.27 0 0 1-.2.08H.61v-.92h17.27c.07 0 .14.02.19.07l.08-.08-5.92-5.92.66-.66 6.4 6.4.65.65-.66.66-6.4 6.4-.65-.66Z" fill="#F36633" fill-rule="evenodd" /> </svg> </a> </div> <div class="primary-nav__drop-down-links--scroll"> <ul class="primary-nav__drop-down-sub-menu-list"> <!-- This has primary-nav__drop-down-item-has-children so will open sub nav level 3 --> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/investors/financial-reports/annual-report-2023/"> <span>Annual Report 2023</span> </a> </li> <li 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primary-nav__drop-down-item-has-children "> <a href="/en-gb/investors/dividend-and-share-price/"> <span> Dividend and share price </span> </a> <div class="primary-nav__drop-down-sub-menu"> <div class="primary-nav__drop-down-links-header"> <a href="" class="primary-nav__drop-down-back"> <!-- This is mobile only, it refers to the parent menu, in this case the Company menu --> <svg width="7" height="12" xmlns="http://www.w3.org/2000/svg"> <path d="m5.66 11.3.53-.52-4.75-4.75-.34-.32-.05-.05.38-.38L6.19.53 5.66 0 0 5.65z" fill="#151515" fill-rule="evenodd" /> </svg> Investors </a> <a class="primary-nav__drop-down-anchor-heading" href="/en-gb/investors/dividend-and-share-price/"> Dividend and share price <svg width="20" height="15" xmlns="http://www.w3.org/2000/svg"> <path d="M12.23 13.94 18.16 8l-.08-.08a.27.27 0 0 1-.2.08H.61v-.92h17.27c.07 0 .14.02.19.07l.08-.08-5.92-5.92.66-.66 6.4 6.4.65.65-.66.66-6.4 6.4-.65-.66Z" fill="#F36633" fill-rule="evenodd" /> </svg> </a> </div> <div class="primary-nav__drop-down-links--scroll"> <ul class="primary-nav__drop-down-sub-menu-list"> <!-- This has primary-nav__drop-down-item-has-children so will open sub nav level 3 --> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/investors/dividend-and-share-price/gsk-share-price/"> <span>GSK share price</span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/investors/dividend-and-share-price/share-price-calculators-gbpusd/"> <span>Share price calculators (GBp/USD)</span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/investors/dividend-and-share-price/dividend-calculators-gbpusd/"> <span>Dividend calculators (GBp/USD)</span> </a> </li> <li class="primary-nav__drop-down-item primary-nav__link-no-children "> <a href="/en-gb/investors/dividend-and-share-price/dividend-calendar/"> <span>Dividend calendar</span> </a> </li> </ul> </div> </div> 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aria-current="page" tabindex="0">Why invest in GSK?</a> <meta itemprop="position" content="2" /> </li> </ol> </div> </nav> <div class="landing-page-intro"> <div class="landing-page-intro__main"> <h1>Why invest in GSK?</h1> <div class="landing-page-intro__desc"> <p><span>Because we unite science, technology and talent to get ahead of disease together - prioritising Innovation, Performance and Trust to deliver strong and sustainable shareholder returns as a company where our people can thrive.</span></p> </div> </div> </div> <nav class="page-nav swiper" aria-label="Secondary"> <ul class="container swiper-wrapper"> <li class="swiper-slide"> <a href="#Stepchangeingrowth">Step-change in growth</a> </li> <li class="swiper-slide"> <a href="#Businessmodel">Business model</a> </li> <li class="swiper-slide"> <a href="#Long-termpriorities">Long-term priorities </a> </li> <li class="swiper-slide"> <a href="#Businesssustainability">Business sustainability</a> </li> <li class="swiper-slide"> <a href="#Financialhighlights">Financial highlights</a> </li> </ul> <div class="swiper-button-prev"></div> <div class="swiper-button-next"></div> </nav> <article> <div id="Stepchangeingrowth"> <div class="main-container"> <figure class="image"> <img src="/assets/img/lazy.png" data-src="/media/8800/why-invest.png?anchor=center&mode=crop&quality=60&width=1320&height=0&rnd=133004571090000000" class="js-lazy-load" alt="Image showing science and technology, our talent and environment"> </figure> </div> </div> <div class="main-container rte "> <div class="content-wrapper"> <h2 style="text-align: center;">Our step-change in growth</h2> <ul> <li>Expected sales growth of more than 7%* and adjusted operating profit growth of more than 11%* on a compound basis 2021-26</li> <li>R&D focused on the science of the immune system and advanced technologies</li> <li>Positively impacting the health of 2.5 billion people by the end of the decade</li> <li>Leading ESG performance to be maintained</li> </ul> <p> </p> <p> *View our cautionary statement regarding forward-looking statements</p> <p> </p> </div> </div> <div class="spacer"> <div class="main-container"> <p></p> </div> </div> <div class="reporting-centre "> <h2 class="reporting-centre__heading"></h2> <div class="reporting-centre__container reporting-centre__container main-container"> <div class="grid"> <div class="grid-cell desktop-span-5"> <div class="reporting-centre__content"> <p class="reporting-centre__label"> ANNUAL REPORT 2023 </p> <h3 class="reporting-centre__sub-heading"> We are a focused biopharma company with strong momentum and big ambitions </h3> <div class="reporting-centre__links reporting-centre__links--fixed"> <ul> <li> <a href="/media/11007/annual-report-2023.pdf" target="_blank" title="Open in new tab"> Annual Report 2023 (PDF - 8.3MB) <span class="icon icon--download"></span> </a> </li> <li> <a href="/media/11009/esg-performance-report-2023.pdf" target="_blank" title="Open in new tab"> ESG Performance Report 2023 (PDF - 2MB) <span class="icon icon--download"></span> </a> </li> </ul> </div> </div> </div> <div class="grid-cell desktop-span-7"> <div class="reporting-centre__media"> <div class="reporting-centre__media-wrapper"> <img src="/media/10847/gsk_tech_human_image_6k.jpg?anchor=center&mode=crop&quality=90&width=620&height=470&rnd=133537524660000000" alt="GSK Tech Human Image" loading="lazy" /> </div> </div> </div> </div> </div> <div class="reporting-centre__footer main-container"> </div> </div> <div id="Businessmodel"> <div class="main-container rte "> <div class="content-wrapper"> <h2 style="text-align: center;">Business model</h2> <p><br />We improve the health of hundreds of millions of people around the world by discovering, developing and manufacturing innovative vaccines, specialty and general medicines at scale.</p> <p><strong>We invest in outstanding people</strong></p> <p>Central to our success are our people. We also collaborate with world-leading experts and form strategic partnerships to complement our existing capabilities.</p> </div> </div> </div> <div class="card-slides__header main-container"> <h2></h2> </div> <div class="card-slides__section"> <div class="card-slides swiper"> <div class="main-container swiper-wrapper"> <a class="card-slides__card card-slides__card-clickable card-slides__anchor--pop-up swiper-slide" title="" href="#card-slides-b5277fda-889d-41c9-919e-769575256fc0"> <img class="card-slides__card-image" src="/media/8773/gsk_03_2022_port_3_eagle_light.jpg?anchor=center&mode=crop&quality=90&width=420&height=336&rnd=133004531100000000" alt="Lady smiling" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> What we do </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="20" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </a><a class="card-slides__card card-slides__card-clickable card-slides__anchor--pop-up swiper-slide" title="" href="#card-slides-cba7d812-dcdb-4df1-aa1b-c46717c4c5b4"> <img class="card-slides__card-image" src="/media/8779/stvg_03_2022_port_22_eagle_light.jpg?center=0.40166666666666667,0.50166666666666671&mode=crop&quality=90&width=420&height=336&rnd=133004624540000000" alt="Man smiling" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Delivering strategic transformation to get Ahead Together </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="20" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </a><a class="card-slides__card card-slides__card-clickable card-slides__anchor--pop-up swiper-slide" title="" href="#card-slides-f80d1490-825a-401a-a660-716249e9bb42"> <img class="card-slides__card-image" src="/media/8775/gsk_03_2022_port_10_eagle_light.jpg?anchor=center&mode=crop&quality=90&width=420&height=336&rnd=133004531440000000" alt="Lady smiling" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Our 2023 performance summary </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="20" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </a> </div> <div class="swiper-control"> <div class="swiper-button-prev"></div> <div class="swiper-scrollbar"></div> <div class="swiper-button-next"></div> </div> </div> </div> <div id="card-slides-b5277fda-889d-41c9-919e-769575256fc0" class="content-modal__pop-up mfp-hide"> <div class="rte"> <h3 style="font-weight: 400; text-align: center;"><span>The value we create: now and in the future<br /><strong><br /></strong></span></h3> <ul> <li>The greatest contribution we make is to improve the health of people around the world. In 2023 that included delivering more than 500 million vaccine doses and 1.8 billion packs of medicines.</li> <li>Looking ahead, GSK has a clear ambition to positively impact the health of 2.5 billion people by the end of the decade.</li> <li>We also create value for shareholders by investing in our business to provide shareholder returns, and in 2023 we paid a dividend of 58 pence per share.</li> <li>Our bold ambitions for patients are reflected in our upgraded growth outlooks to 2026 and 2031.</li> </ul> </div> </div> <div id="card-slides-cba7d812-dcdb-4df1-aa1b-c46717c4c5b4" class="content-modal__pop-up mfp-hide"> <div class="rte"> <p>In recent years, we have transformed GSK to improve performance, strengthen capabilities and prepare for a new future. We have done this by prioritising Innovation, Performance and Trust across the entire company – driving a multi-year programme to improve R&D productivity, commercial execution, group structure and capital allocation.<br /><br /></p> <table style="width: 100%;"> <thead> <tr> <th style="width: 33.3333%;"><strong>Innovation</strong></th> <th style="width: 33.3333%; text-align: left;"><strong>Performance</strong></th> <th style="width: 33.3333%; text-align: left;"><strong>Trust</strong></th> </tr> </thead> <tbody> <tr> <td style="width: 33.3333%; text-align: left; vertical-align: top;"> <p>Innovation is critical to how we improve health and create financial value. </p> <p>We focus on the science of the immune system and the use of new platform and data technologies, investing in four core therapeutic areas (infectious diseases, HIV, respiratory/immunology and oncology). </p> <p>In 2023, our R&D expenditure was £6,223 million, up 13% AER and 14% CER on 2022. We’ve also strengthened our pipeline and technology capabilities through business development, seeking out new, differentiated opportunities in diseases with high patient need.</p> </td> <td style="width: 33.3333%; text-align: left; vertical-align: top;"> <p>Performance is delivered by investing effectively in our business and our people and executing competitively. </p> <p>In 2023 we've continued to focus on operational performance, with strong growth across all product areas and regions. This builds on good progress in 2022 and demonstrates strong, sustained performance momentum. It means we are confident in delivering our upgraded growth outlooks for the period 2021-26, and for 2031.</p> </td> <td style="width: 33.3333%; text-align: left; vertical-align: top;"> <p>ESG is embedded in our strategy and supports our sustainable performance and long-term growth. It helps us to build trust with and generate value for our stakeholders, reduce risk to our operations and create positive social impact.</p> <p>Our ESG Performance Rating is on track based on 95% of all performance metrics being met or exceeded. The metrics cover our six focus areas: access to healthcare, global health and health security, environment, diversity, equity and inclusion (DEI), ethical standards, and product governance.</p> <br /> <p> </p> </td> </tr> </tbody> </table> <p style="font-weight: 400;"> </p> </div> </div> <div id="card-slides-f80d1490-825a-401a-a660-716249e9bb42" class="content-modal__pop-up mfp-hide"> <div class="rte"> <div class="page"> <div class="layoutArea"></div> </div> <p><strong>Broad-based performance drove sales, profits and earnings growth</strong></p> <ul> <li>Group turnover £30.3 billion +3% AER, +5% CER (+14% CER excluding COVID-19 solutions*)</li> <li>Vaccines £9.9 billion +24% AER, +25% CER (+24% CER excluding COVID-19 solutions*)</li> <li>Specialty Medicines £10.2 billion -9% AER, -8% CER (+15% CER excluding COVID-19 solutions*)</li> <li>General Medicines £10.2 billion +1% AER, +5% CER</li> <li>Total operating profit £6.7 billion +5% AER, +10% CER</li> <li>Adjusted operating profit £8.8 billion +8% AER, +12% CER</li> <li>Total continuing EPS 121.6p +10% AER, +16% CER</li> <li>Adjusted EPS 155.1p +11% AER, +16% CER</li> <li>Dividend of 58p per share</li> </ul> <p>*COVID-19 solutions defined on page 53 of FY 2023 press release</p> <p> </p> <p><strong>Continued momentum in R&D delivery and strengthening of pipeline</strong></p> <ul> <li>4 major approvals</li> <li>71 assets in the pipeline, 18 in phase III/registration</li> <li>6 major business development deals</li> </ul> <p> </p> <p><strong>Leading ESG performance</strong></p> <ul> <li>1st in the pharmaceuticals industry in the S&P Global Corporate Sustainability Assessment, with a score of 84 (as of 24 November 2023)</li> <li>12 Global Health pipeline assets progressed to address priority WHO diseases</li> <li>10% reduction in operational carbon emissions</li> </ul> <p><a href="/en-gb/investors/why-invest-in-gsk/#esgtable" class="button" data-anchor="#esgtable">View our ESG ratings</a></p> </div> </div> <div class="spacer"> <div class="main-container"> <p></p> </div> </div> <div id="Long-termpriorities"> <div class="main-container rte "> <div class="content-wrapper"> <h2 style="text-align: center;">Our long-term priorities</h2> <p style="text-align: center;">We prioritise Innovation, Performance and Trust to be ambitious for patients, shareholders and our people.</p> </div> </div> </div> <div class="tabs-accordion" data-hidden="[]"> <div class="main-container"> <div class="tabs-accordion__tablist" role="tablist" aria-label="" aria-orientation="horizontal"> <button class="tabs-accordion__tablist__tab" role="tab" aria-selected="false" aria-controls="innovation" id="innovation-tab"> <span>Innovation</span> </button> <button class="tabs-accordion__tablist__tab" role="tab" aria-selected="false" aria-controls="performance" id="performance-tab"> <span>Performance</span> </button> <button class="tabs-accordion__tablist__tab" role="tab" aria-selected="false" aria-controls="trust" id="trust-tab"> <span>Trust</span> </button> </div> <div class="tabs-accordion__tabpanel" id="innovation" role="tabpanel" aria-labelledby="innovation-tab" aria-hidden="true"> <div class="grid multi-col"> <div class="grid-cell col span-5"> <figure class="image" itemscope="" itemtype="http://schema.org/ImageObject"> <img src="/media/8458/web03-header-stvg_2_2022_port_5_hess.jpg" class="js-lazy-load b-loaded" alt="Lady in the lab"> </figure> </div> <div class="grid-cell col span-7"> <div class="link-list-content"> <p>Our R&D purpose is to unite science, technology and talent to get ahead of disease. This is how we discover and develop the vaccines and medicines that will transform people’s lives.</p> <p>In a revolutionary era of science and technology, we’re making the most of rapid advances to drive the discovery and development of vaccines and medicines. Across our pipeline, we consider not just how we can prevent disease in the first place, but also intervene and treat earlier to change its course, preventing or slowing progression of an illness and limiting longer-term complications.</p> <p><a style="font-size: 18px; padding-right: 30px;" data-udi="umb://document/ece1f255262d43668181d2173bd3361f" href="/en-gb/innovation/research-and-development-approach/" title="Research and development approach" class="button">R&D approach</a></p> </div> </div> </div> <div class="figure-callout"> <ul> <li> <p class="figure-callout__description">Vaccines and medicines in the pipeline</p> <span class="figure-callout__figure">71</span> <p class="figure-callout__description--bottom"></p> </li> <li> <p class="figure-callout__description">Vaccines and medicines in phase III/registration</p> <span class="figure-callout__figure">18</span> <p class="figure-callout__description--bottom"></p> </li> <li> <p class="figure-callout__description">Major approvals in 2023</p> <span class="figure-callout__figure">4</span> <p class="figure-callout__description--bottom"></p> </li> </ul> </div> </div> <div class="tabs-accordion__tabpanel" id="performance" role="tabpanel" aria-labelledby="performance-tab" aria-hidden="true"> <div class="grid multi-col"> <div class="grid-cell col span-5"> <figure class="image" itemscope="" itemtype="http://schema.org/ImageObject"> <img src="/media/8347/web06-header-stvg_2_2022_smtlab_14_hess.jpg" class="js-lazy-load b-loaded" alt="Scientist in Smart Lab"> </figure> </div> <div class="grid-cell col span-7"> <div class="link-list-content"> <p>We’re confident in our future. With our strong momentum and improving outlook for sustained growth through the decade, we're confident in our ability to deliver human health impact at scale, worldwide.</p> <p><a style="font-size: 18px; padding-right: 30px;" data-udi="umb://document/9dd900d68e2a4086900776619e80166e" href="/en-gb/investors/quarterly-results/" title="Latest financial figures" class="button">Latest financial figures</a></p> </div> </div> </div> <div class="figure-callout"> <ul> <li> <p class="figure-callout__description">Packs of medicines and doses of vaccines delivered in 2023</p> <span class="figure-callout__figure">2.3bn</span> <p class="figure-callout__description--bottom"></p> </li> <li> <p class="figure-callout__description">Dividend we paid per share in 2023</p> <span class="figure-callout__figure">58p</span> <p class="figure-callout__description--bottom"></p> </li> </ul> </div> </div> <div class="tabs-accordion__tabpanel" id="trust" role="tabpanel" aria-labelledby="trust-tab" aria-hidden="true"> <div class="grid multi-col"> <div class="grid-cell col span-5"> <figure class="image" itemscope="" itemtype="http://schema.org/ImageObject"> <img src="/media/8502/web05-header-stvg_2_2022_port_34_hess.jpg" class="js-lazy-load b-loaded" alt="Lab worker smiling"> </figure> </div> <div class="grid-cell col span-7"> <div class="link-list-content"> <p>Being a responsible business is an integral part of our strategy. We have identified six ESG focus areas that address what is most material to our business and the issues that matter the most to our stakeholders: access to healthcare, global health and health security, environment, diversity, equity and inclusion (DEI), ethical standards, and product governance.</p> <p>We recognise that being a responsible business is not a static requirement. This means that we will continue to evolve our approach in response to the rapidly changing operating environment and strive for continuous improvement to ensure we maintain strong ESG performance.</p> <p><br><a style="font-size: 18px; padding-right: 30px;" data-udi="umb://document/24b584d52e1e45ba9cc22aae27f86a28" href="/en-gb/responsibility/" title="Responsibility" class="button">GSK Responsibility</a><br><br><a rel="noopener" data-udi="umb://media/3af415af1b0a47399ca872b7364ba110" href="/media/11009/esg-performance-report-2023.pdf" target="_blank" title="Opens in a new window">ESG Performance Report 2023 (PDF - 2MB)</a></p> <p><br><br></p> <p> </p> </div> </div> </div> </div> </div> </div> <div class="spacer"> <div class="main-container"> <p></p> </div> </div> <div id="Businesssustainability"> <div class="main-container rte "> <div class="content-wrapper"> <h2 style="text-align: center;">Business sustainability</h2> <p>ESG is an integral part of our strategy and our investment case. It is a key driver in our goal to deliver health impact and shareholder returns as well as being core to the motivation of our people. We will pursue a focused approach to ESG, driven by our strengths, informing our strategy and addressing the key challenges of our industry over the long-term.</p> <p>We have six ESG focus areas addressing what matters most to our business and to our stakeholders.</p> </div> </div> </div> <div class="card-slides__header main-container"> <h2></h2> </div> <div class="card-slides__section"> <div class="card-slides swiper"> <div class="main-container swiper-wrapper"> <div class="card-slides__card card-slides__card-clickable card-slides__card-flippable swiper-slide" href="#"> <div class="card-slides__card-front"> <img class="card-slides__card-image" src="/media/8701/web14-header-hct_5328.jpeg?center=0.44,0.765&mode=crop&quality=90&width=420&height=336&rnd=133004565860000000" alt="Child smiling" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Access </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="12" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </div> <div class="card-slides__card-back"> <div class="card-slides__card-inner"> <p class="card-slides__heading"> Access </p> <p class="card-slides__text-small"> <p><span>We are making our products affordable and available to more people around the world through responsible pricing, strategic access programmes and partnerships.</span></p> </p> <span class="card-slides__anchor"> <svg width="46" height="46" xmlns="http://www.w3.org/2000/svg"> <g transform="rotate(-90 23 23)" fill="none" fill-rule="evenodd"> <circle fill="#F36633" cx="23" cy="23" r="23" /> <g fill="#FFF"> <path d="M10.25 22.47h25.5v1.43h-25.5z" /> <path d="M23.71 10.47v25.5h-1.42v-25.5z" /> </g> </g> </svg> </span> </div> </div> </div> <div class="card-slides__card card-slides__card-clickable card-slides__card-flippable swiper-slide" href="#"> <div class="card-slides__card-front"> <img class="card-slides__card-image" src="/media/8609/web15-header-gsk_rix_24_10_18_p_d2_s1_128.jpeg?center=0.37777777777777777,0.47166666666666668&mode=crop&quality=90&width=420&height=336&rnd=133004574170000000" alt="Lab worker examining a blue vial" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Global health and health security </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="12" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </div> <div class="card-slides__card-back"> <div class="card-slides__card-inner"> <p class="card-slides__heading"> Global health and health security </p> <p class="card-slides__text-small"> <div class="card__body">We are committed to change the trajectory of high burden diseases in lower-income countries with a focus on prevention and treatment of infectious diseases.</div> </p> <span class="card-slides__anchor"> <svg width="46" height="46" xmlns="http://www.w3.org/2000/svg"> <g transform="rotate(-90 23 23)" fill="none" fill-rule="evenodd"> <circle fill="#F36633" cx="23" cy="23" r="23" /> <g fill="#FFF"> <path d="M10.25 22.47h25.5v1.43h-25.5z" /> <path d="M23.71 10.47v25.5h-1.42v-25.5z" /> </g> </g> </svg> </span> </div> </div> </div> <div class="card-slides__card card-slides__card-clickable card-slides__card-flippable swiper-slide" href="#"> <div class="card-slides__card-front"> <img class="card-slides__card-image" src="/media/10976/rainbow-gsk-irvine.jpg?anchor=center&mode=crop&quality=90&width=420&height=336&rnd=133530861730000000" alt="Solar panels with a rainbow in Irvine" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Environment </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="12" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </div> <div class="card-slides__card-back"> <div class="card-slides__card-inner"> <p class="card-slides__heading"> Environment </p> <p class="card-slides__text-small"> <div class="card__body"> <p>We are committed to work towards a net zero, nature positive, healthier planet, with ambitious goals set for 2030 and 2045.<a data-udi="umb://document/07689f1361fa45db87b03ad1b5949128" href="/en-gb/responsibility/environment/" title="Environment"></a></p> </div> </p> <span class="card-slides__anchor"> <svg width="46" height="46" xmlns="http://www.w3.org/2000/svg"> <g transform="rotate(-90 23 23)" fill="none" fill-rule="evenodd"> <circle fill="#F36633" cx="23" cy="23" r="23" /> <g fill="#FFF"> <path d="M10.25 22.47h25.5v1.43h-25.5z" /> <path d="M23.71 10.47v25.5h-1.42v-25.5z" /> </g> </g> </svg> </span> </div> </div> </div> <div class="card-slides__card card-slides__card-clickable card-slides__card-flippable swiper-slide" href="#"> <div class="card-slides__card-front"> <img class="card-slides__card-image" src="/media/8726/web16-header-stvg_2_2022_port_13_hess.jpeg?anchor=center&mode=crop&quality=90&width=420&height=336&rnd=133004575230000000" alt="Lab worker smiling" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Diversity, equity and inclusion </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="12" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 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To meet our diverse patient’s needs better, we need diversity in our clinical trials and to support our own people to thrive as part of an inclusive team.</div> </p> <span class="card-slides__anchor"> <svg width="46" height="46" xmlns="http://www.w3.org/2000/svg"> <g transform="rotate(-90 23 23)" fill="none" fill-rule="evenodd"> <circle fill="#F36633" cx="23" cy="23" r="23" /> <g fill="#FFF"> <path d="M10.25 22.47h25.5v1.43h-25.5z" /> <path d="M23.71 10.47v25.5h-1.42v-25.5z" /> </g> </g> </svg> </span> </div> </div> </div> <div class="card-slides__card card-slides__card-clickable card-slides__card-flippable swiper-slide" href="#"> <div class="card-slides__card-front"> <img class="card-slides__card-image" src="/media/8804/ware_3_2022_prodqc_38_hess-1.jpg?center=0.52,0.515&mode=crop&quality=90&width=420&height=336&rnd=133005348210000000" alt="Five lab workers carrying out tasks" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Ethical standards </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="12" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </div> <div class="card-slides__card-back"> <div class="card-slides__card-inner"> <p class="card-slides__heading"> Ethical standards </p> <p class="card-slides__text-small"> <div class="card__body">Our culture guides our people to do the right thing and act on any concerns they have.</div> </p> <span class="card-slides__anchor"> <svg width="46" height="46" xmlns="http://www.w3.org/2000/svg"> <g transform="rotate(-90 23 23)" fill="none" fill-rule="evenodd"> <circle fill="#F36633" cx="23" cy="23" r="23" /> <g fill="#FFF"> <path d="M10.25 22.47h25.5v1.43h-25.5z" /> <path d="M23.71 10.47v25.5h-1.42v-25.5z" /> </g> </g> </svg> </span> </div> </div> </div> <div class="card-slides__card card-slides__card-clickable card-slides__card-flippable swiper-slide" href="#"> <div class="card-slides__card-front"> <img class="card-slides__card-image" src="/media/8805/ware_3_2022_prodqc_21_hess-1.jpg?anchor=center&mode=crop&quality=90&width=420&height=336&rnd=133005351450000000" alt="Lab workers in a discussion" loading="lazy"> <div class="card-slides__card-inner"> <h2 class="card-slides__heading"> Product governance </h2> <span class="card-slides__anchor"> <svg width="40" height="41" xmlns="http://www.w3.org/2000/svg"> <g transform="translate(0 .5)" fill="none" fill-rule="evenodd"> <rect fill="#F36633" width="40" height="40" rx="12" /> <g fill="#FFF"> <path d="M7.25 19.25h25.5v1.43H7.25z" /> <path d="M20.71 7.25v25.5h-1.42V7.25z" /> </g> </g> </svg> </span> </div> </div> <div class="card-slides__card-back"> <div class="card-slides__card-inner"> <p class="card-slides__heading"> Product governance </p> <p class="card-slides__text-small"> <div class="card__body">Ensuring the quality, safety and reliable supply of our products is critical to our purpose of uniting science, talent and technology to get ahead of disease together.</div> </p> <span class="card-slides__anchor"> <svg width="46" height="46" xmlns="http://www.w3.org/2000/svg"> <g transform="rotate(-90 23 23)" fill="none" fill-rule="evenodd"> <circle fill="#F36633" cx="23" cy="23" r="23" /> <g fill="#FFF"> <path d="M10.25 22.47h25.5v1.43h-25.5z" /> <path d="M23.71 10.47v25.5h-1.42v-25.5z" /> </g> </g> </svg> </span> </div> </div> </div> </div> <div class="swiper-control"> <div class="swiper-button-prev"></div> <div class="swiper-scrollbar"></div> <div class="swiper-button-next"></div> </div> </div> <div class="card-slides__button-wrapper main-container"> <a class="button" href="/en-gb/investors/environmental-social-and-governance/">Environmental, social and governance</a> </div> </div> <div class="single-large-promo"> <div class="main-container"> <div class="single-large-promo__media-wrapper"> <div class="single-large-promo__media"> <img src="/media/8113/sir-jonathan-symonds-2.jpeg?center=0.23423423423423423,0.6278481012658228&mode=crop&quality=90&width=1320&height=660&rnd=133003700270000000" alt="Sir Jonathan Symonds" loading="lazy"> </div> </div> <div class="single-large-promo__content-wrapper"> <div class="single-large-promo__content"> <p class="single-large-promo__title">Governance</p> <p class="single-large-promo__text"></p> <a class="single-large-promo__cta" href="/en-gb/investors/environmental-social-and-governance/#Governanceandrisk" title="">Governance and risk management</a> </div> </div> </div> </div> <div id="Financialhighlights"> <div class="spacer"> <div class="main-container"> <p></p> </div> </div> </div> <div class="main-container rte "> <div class="content-wrapper"> <h2 style="text-align: center;"><span>Financial highlights 2023</span></h2> </div> </div> <div class="stats stats"> <div class="stats__body"> <div class="stats__background"> <div class="stats__background-wrap"> <video autoplay muted loop playsinline class="dtanalyticsdonottrackvideo"> <source src="/media/8703/gsk_texture_fluid_02_1080.mp4" type="video/mp4"> </video> </div> </div> <div class="main-container"> <div class="cards main-container"> <div class="card card--stat "> <div class="card__tag">Turnover</div> <div class="card__head">£30.3bn</div> <div class="card__body">+3% AER, +5% CER (+14% CER excluding COVID-19 solutions*)</div> </div> <div class="card card--stat "> <div class="card__tag">Adjusted operating profit</div> <div class="card__head">£8.8bn</div> <div class="card__body">+8% AER, +12% CER</div> </div> <div class="card card--stat "> <div class="card__tag">Vaccines</div> <div class="card__head">£9.9bn</div> <div class="card__body">+24% AER, +25% CER (+24% CER excluding COVID-19 solutions*)</div> </div> <div class="card card--stat "> <div class="card__tag">Specialty Medicines</div> <div class="card__head">£10.2bn</div> <div class="card__body">-9% AER, -8% CER (+15% CER excluding COVID-19 solutions*)</div> </div> <div class="card card--stat "> <div class="card__tag">General medicines</div> <div class="card__head">£10.2bn</div> <div class="card__body">+1% AER, +5% CER</div> </div> <div class="card card--stat "> <div class="card__tag">Adjusted EPS</div> <div class="card__head">155.1p</div> <div class="card__body">+11% AER, +16% CER</div> </div> </div> </div> </div> <div class="stats__foot"> <div class="container"> <div class="stats__foot-body"> <div class="stats__foot-body-body"> <p>*COVID-19 solutions defined on page 53 of FY 2023 press release</p> </div> <div class="stats__foot-body-foot"> </div> </div> </div> </div> </div> <div class="spacer"> <div class="main-container"> <p></p> </div> </div> <div class="main-container main-container--module-row"> <div class="content-wrapper"> <h2>You might also like</h2> </div> <div class="grid"> <div class="grid-cell tablet-span-4"> <div class="grid-promo-box"> <a 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