Melrose Industries PLC 2024 SR
The report highlights Melrose Industries PLC's transition to a pure-play aerospace business, focusing on decarbonizing flight through its GKN Aerospace division. In 2024, the company achieved validation of its near- and long-term science-based targets by the SBTi, committing to net zero by 2050. Key environmental achievements include a 17% reduction in Scope 1 emissions and the completion of a 1.2MW solar farm at its Cowes site. The company also refined its Double Materiality Assessment in preparation for CSRD compliance. Socially, it maintained a lost time accident frequency rate below 0.1 and invested 5.7 million pounds in workforce skills development.
Company: Melrose Industries PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2024
Type: SR
Pages: 86
Back to company
Melrose Industries PLC
Sustainability Report
The report highlights Melrose Industries PLC's transition to a pure-play aerospace business, focusing on decarbonizing flight through its GKN Aerospace division. In 2024, the company achieved validation of its near- and long-term science-based targets by the SBTi, committing to net zero by 2050. Key environmental achievements include a 17% reduction in Scope 1 emissions and the completion of a 1.2MW solar farm at its Cowes site. The company also refined its Double Materiality Assessment in preparation for CSRD compliance. Socially, it maintained a lost time accident frequency rate below 0.1 and invested 5.7 million pounds in workforce skills development.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 1, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees