Smiths Group plc, commonly referred to as Smiths, is a leading engineering company headquartered in Great Britain. Founded in 1851, Smiths has established a strong presence in various operational regions, including Europe, North America, and Asia. The company operates primarily in the aerospace, defence, and medical technology sectors, providing innovative solutions that enhance safety and efficiency. Smiths is renowned for its core products, which include advanced detection systems, medical devices, and precision engineering components. What sets Smiths apart is its commitment to research and development, ensuring that its offerings remain at the forefront of technology. With a rich history of innovation and a robust market position, Smiths continues to achieve notable milestones, solidifying its reputation as a trusted partner in critical industries.
How does Smiths's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Smiths's score of 92 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Smiths Group plc reported total greenhouse gas emissions of approximately 1,384,900,000 kg CO2e, which includes 19,694,000 kg CO2e from Scope 1 (direct emissions) and 25,955,000 kg CO2e from Scope 2 (indirect emissions). Additionally, their Scope 3 emissions were significant, amounting to about 1,380,000,000 kg CO2e. Smiths Group has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50.4% by FY2032, using FY2021 as the baseline. They also plan to cut Scope 3 emissions by the same percentage within the same timeframe. Furthermore, Smiths Group is committed to ensuring that 50% of its suppliers, by spend, will have science-based targets by FY2028. For long-term goals, Smiths Group aims to achieve a 90% reduction in both Scope 1 and 2 emissions by FY2040, and a 90% reduction in Scope 3 emissions by FY2050, again using FY2021 as the baseline year. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 15,169,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 62,072,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Smiths is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.