Johnson Matthey

Johnson Matthey, a UK-based company in the Chemicals nec industry, has disclosed its carbon emissions and climate commitments.

In 2026, Johnson Matthey reported total Scope 1 emissions of 217,951,000 kg CO2e and market-based Scope 2 emissions of 18,908,000 kg CO2e. Their Scope 3 emissions totalled 5,990,330,000 kg CO2e, with purchased goods and services accounting for 5,444,069,000 kg CO2e and fuel and energy-related activities contributing 57,079,000 kg CO2e. The total reported emissions (Scope 1 + Scope 2 + Scope 3) for 2026 was approximately 6.2 billion kg CO2e.

Looking back, in 2025, the company's Scope 1 emissions were 225,330,000 kg CO2e, market-based Scope 2 emissions were 21,204,000 kg CO2e, and Scope 3 emissions were 3,445,486,000 kg CO2e. In 2024, Scope 1 emissions were 215,647,000 kg CO2e, market-based Scope 2 emissions were 66,265,000 kg CO2e, and Scope 3 emissions were 3,726,801,000 kg CO2e.

Johnson Matthey has set ambitious climate targets. The company commits to achieving net-zero greenhouse gas emissions across its value chain by fiscal year 2040. This commitment covers Scope 1, 2, and 3 emissions.

Near-Term Targets:

• Johnson Matthey aims to reduce absolute Scope 1 and 2 GHG emissions by 44% by fiscal year 2030, using a fiscal year 2020 baseline.
• The company also commits to reducing absolute Scope 3 GHG emissions from purchased goods and services by 42% within the same timeframe (by fiscal year 2030 from a fiscal year 2020 baseline).
• Additionally, a near-term target to reduce Scope 1 and 2 CO2e emissions by 57% by the end of 2026/27, based on a 2026 baseline, has been established.
• Another near-term target from 2023 is to reduce Scope 1 and 2 GHG emissions by 33% by 2030.
• There are also near-term intensity targets to reduce greenhouse gas emissions per unit of production output by 25% (from a 2016 baseline to 2025) and by 50% (from a 2007 baseline to 2025) for both Scope 1 and Scope 2.

Long-Term Targets:

• Johnson Matthey commits to reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by fiscal year 2040 from a fiscal year 2020 base year. This forms part of their overall net-zero commitment.

These targets have been validated by the Science Based Targets initiative (SBTi) and are consistent with reductions required to keep global warming to 1.5°C.