Victrex plc, headquartered in the United Kingdom, is a leading global manufacturer in the high-performance polymer industry. Founded in 1993, the company has established itself as a pioneer in the development of PEEK (polyether ether ketone) and other advanced materials, serving diverse sectors such as aerospace, automotive, and medical. With operational facilities in Europe, North America, and Asia, Victrex is renowned for its innovative solutions that enhance performance and efficiency. The company’s core products, including VICTREX PEEK and VICTREX AE 250, are distinguished by their exceptional strength, thermal stability, and chemical resistance. Victrex has achieved significant milestones, including a strong market position as a trusted supplier, and continues to drive advancements in polymer technology, making it a key player in the global materials landscape.
How does Victrex'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 Chemicals 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.
Victrex's score of 55 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Victrex plc reported total carbon emissions of approximately 91,877,000 kg CO2e, comprising 18,085,000 kg CO2e from Scope 1, 16,265,000 kg CO2e from Scope 2, and 57,527,000 kg CO2e from Scope 3 emissions. This marks a significant increase from 2023, when their total emissions were about 122,798,000 kg CO2e, with Scope 1 emissions at 20,958,000 kg CO2e and Scope 2 emissions at 14,712,000 kg CO2e. Victrex has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. The company has established near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2032, using 2022 as the base year. Additionally, they aim to cut absolute Scope 3 emissions by 30% within the same timeframe. Long-term, Victrex targets a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050, also from a 2022 baseline. Victrex's emissions data and targets are not cascaded from any parent organization, indicating that these figures and commitments are independently reported. The company is committed to aligning its targets with the Science Based Targets initiative (SBTi), ensuring that its strategies contribute to limiting global warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 15,964,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 12,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 31,930,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 00,000,000 | - | - | 00,000,000 | - | 00,000,000 |
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.
Victrex is participating in some of the initiatives that 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.