Smiths Group PLC 2023 SR
The report highlights Smiths Group's progress in its sustainability framework during FY2023. Key achievements include an 11.8% reduction in absolute Scope 1 and 2 greenhouse gas emissions and increasing renewable electricity usage to 70%. The company completed its first ESG double materiality assessment and submitted its net-zero targets to the Science Based Targets initiative (SBTi). Smiths also launched the Smiths Group Foundation with an initial £10m fund to support STEM skills and community sustainability. Safety performance improved significantly, with a 26% reduction in the Recordable Incident Rate.
Company: Smiths Group PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2023
Type: SR
Pages: 73
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Smiths Group PLC
Sustainability Report
The report highlights Smiths Group's progress in its sustainability framework during FY2023. Key achievements include an 11.8% reduction in absolute Scope 1 and 2 greenhouse gas emissions and increasing renewable electricity usage to 70%. The company completed its first ESG double materiality assessment and submitted its net-zero targets to the Science Based Targets initiative (SBTi). Smiths also launched the Smiths Group Foundation with an initial £10m fund to support STEM skills and community sustainability. Safety performance improved significantly, with a 26% reduction in the Recordable Incident Rate.
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Document Details
Report Year
2023
Reporting Period
2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
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
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees