Acacium Group

Acacium Group, operating within the Medical, precision and optical instruments, watches and clocks industry in GB, has established a long-term commitment to achieving Net Zero by 2040. This ambition is supported by a specific carbon reduction target of achieving Net Zero by 2040, aiming for a year-on-year reduction of 5.3%. Projections indicate a decrease in carbon emissions to approximately 4,532 tonnes CO2e by the end of 2030.

In 2024, Acacium Group reported total global emissions of approximately 8,468,000 kg CO2e. This figure comprises approximately 449,000 kg CO2e for Scope 1 emissions and approximately 827,000 kg CO2e for Scope 2 emissions. Scope 3 emissions accounted for the largest portion, totalling approximately 7,192,000 kg CO2e.

The company's emissions data for 2023 shows a total of approximately 9,843,500 kg CO2e. Within this, Scope 1 emissions were approximately 251,200 kg CO2e, Scope 2 emissions were approximately 246,700 kg CO2e, and Scope 3 emissions were approximately 9,345,600 kg CO2e. Key contributors to Scope 3 emissions in 2023 included purchased goods and services (approximately 6,220,400 kg CO2e), employee commute (approximately 1,225,100 kg CO2e), and business travel (approximately 1,195,800 kg CO2e).

In 2022, total global emissions were approximately 10,150,000 kg CO2e. Emissions data for 2021 indicated total emissions of approximately 9,650,000 kg CO2e.

Acacium Group has been measuring and reporting its carbon emissions since 2021, utilising a carbon management tool implemented in 2023 to enhance measurement, monitoring, and reporting of its corporate carbon footprint. Their Responsible Business team, led by a dedicated Environmental Manager, oversees the carbon reduction plan and addresses key ESG challenges across their operations and value chain. While an SBTi target for Net Zero by 2050 is noted, specific details or progress on this target are not fully available in the provided data.