Environmental, Social and Governance considerations

Our One Planet: Engineering with Purpose Sustainability Strategy sets out our plan to achieve net zero by 2050, a 20% reduction in energy use by 2025, 15% water and 10% waste reductions, zero waste to landfill and a biodiversity offset equivalent to five times our global operational footprint by 2025.

We understand the importance of diversity at all levels throughout the Group to our success.

As such, we aim for a minimum 40% female participation in each of our Board, GEC and GEC direct reports, aim to have a female Chair, Senior Independent Director, CEO or CFO, are looking to double the number of women in commercial leadership roles.

We are working towards a 30% female workforce globally, increased ethnic diversity of our Board and GEC and to double the ethnic diversity of our GEC direct reports community.

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We also strive to strengthen the communities in which we operate through delivering 150,000+ hours (cumulative) of colleague volunteering globally by 2025, £2 million of cash or in-kind donations (cumulative) made by our Group Companies by 2025 and by donating at least £15 million through our Spirax Group Education Fund by 2030.

Ensuring appropriate standards in our supply chains is and will continue to be a key focus of our One Planet: Engineering with Purpose Sustainability Strategy. We require our direct suppliers to sign up to the minimum standards set out in our Supplier Sustainability Code and provide supporting evidence to demonstrate their compliance with our standards. 

Learn more about our Ethical Business Practices and our Supplier Sustainability Code [LINK]