Smiths Group PLC 2024 AR2
The report highlights Smiths Group's strong financial and operational performance in FY2024, delivering 5.4% organic revenue growth and expanding its headline operating profit margin to 16.8%. The company made significant progress on its sustainability goals, achieving a 10.7% absolute reduction in Scope 1 and 2 greenhouse gas emissions, with 73% of its electricity sourced from renewable energy. Additionally, the Science Based Targets initiative (SBTi) validated the company's net-zero transition plan. Smiths Group also launched a Group-wide Acceleration Plan to enhance productivity and completed two strategic acquisitions to expand its Flex-Tek business.
Company: Smiths Group PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 222
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Smiths Group PLC
Annual Report & Accounts
The report highlights Smiths Group's strong financial and operational performance in FY2024, delivering 5.4% organic revenue growth and expanding its headline operating profit margin to 16.8%. The company made significant progress on its sustainability goals, achieving a 10.7% absolute reduction in Scope 1 and 2 greenhouse gas emissions, with 73% of its electricity sourced from renewable energy. Additionally, the Science Based Targets initiative (SBTi) validated the company's net-zero transition plan. Smiths Group also launched a Group-wide Acceleration Plan to enhance productivity and completed two strategic acquisitions to expand its Flex-Tek business.
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Document Details
Report Year
2024
Reporting Period
Aug 1, 2023 - Jul 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
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