Oxford Instruments

Oxford Instruments, headquartered in the UK and operating in "Other services (93)", reported its latest Scope 3 emissions for 2025 as approximately 106.1 million kg CO2e. This includes about 69.5 million kg CO2e from purchased goods and services and approximately 24.7 million kg CO2e from the use of sold products. For 2024, Scope 3 emissions were approximately 112.4 million kg CO2e.

In 2023, Oxford Instruments's total emissions were approximately 90.4 million kg CO2e. This comprised around 660,000 kg CO2e from Scope 1 emissions (primarily stationary combustion at approximately 612,000 kg CO2e), about 656,000 kg CO2e from Scope 2 (market-based), and approximately 89.1 million kg CO2e from Scope 3 emissions. The largest contributors to Scope 3 in 2023 were downstream transportation and distribution (approximately 30.2 million kg CO2e), processing of sold products (approximately 29.5 million kg CO2e), and purchased goods and services (approximately 50.5 million kg CO2e).

Oxford Instruments has set ambitious climate commitments, with its targets validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by FY2045. For near-term targets, Oxford Instruments commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by FY2030 from a FY2024 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 25% by FY2030 from a FY2024 base year. Long-term targets include maintaining at least 90% absolute Scope 1 and 2 GHG emissions reductions from FY2030 through FY2045, and a 90% reduction in absolute Scope 3 GHG emissions by FY2045, both from a FY2024 base year. The company has also set an internal target to reach net-zero across its own operations (Scope 1 and 2) by 2030, with specific goals of a 50% reduction in Scope 1 emissions and a 70% reduction in Scope 2 emissions by 2030, both from a FY22/23 base year.