Sustainability Report

Overview

The report describes Smiths' completion of its first ESG double materiality assessment, which validated the company's sustainability framework and informed future planning. It also details a Net Zero transition plan targeting Scope 1 and 2 emissions by 2040 and Scope 3 by 2050, with interim targets submitted to the SBTi. FY2023 performance included a 11.8% reduction in absolute Scope 1 and 2 emissions, 70% renewable electricity and zero work-related colleague or contractor fatalities.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status
CDP score

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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