Spectris

Spectris's reported carbon emissions

Spectris, headquartered in the UK, has made significant commitments to reduce its carbon emissions and achieve net-zero. **Emissions Data:** For the reporting year 2024, Spectris reported Scope 1 and 2 emissions totalling approximately 10.9 million kg CO2e. This represents a decrease from the previous year, with Scope 1 and 2 emissions in 2023 being approximately 12.1 million kg CO2e. In 2022, Scope 1 and 2 emissions were approximately 17.5 million kg CO2e, and in 2021, they were approximately 31.7 million kg CO2e. Earlier reported figures include approximately 43.1 million kg CO2e for Scope 1 and 2 in 2020, and approximately 52.7 million kg CO2e in 2019. Prior to 2019, more detailed scope breakdowns were available: in 2018, Scope 1 and 2 emissions totalled about 82.9 million kg CO2e. In 2017, Scope 1 emissions were approximately 14.1 million kg CO2e and Scope 2 (location-based) were approximately 35.9 million kg CO2e, making a combined total of approximately 50.0 million kg CO2e. In 2015, total emissions (Scope 1, 2, and 3) were approximately 73.3 million kg CO2e, with Scope 1 at about 11.0 million kg CO2e, Scope 2 at about 35.5 million kg CO2e, and Scope 3 at about 26.8 million kg CO2e. In 2014, Scope 1 and 2 emissions were approximately 45.6 million kg CO2e. In 2013, total emissions were approximately 47.2 million kg CO2e, comprising approximately 3.0 million kg CO2e for Scope 1, 37.0 million kg CO2e for Scope 2, and 7.2 million kg CO2e for Scope 3. In 2012, total emissions were approximately 51.0 million kg CO2e, with Scope 1 at about 2.9 million kg CO2e, Scope 2 at about 40.5 million kg CO2e, and Scope 3 at about 7.6 million kg CO2e. **Climate Commitments and Reduction Targets:** Spectris is committed to achieving Net Zero emissions across its Scope 1 and 2 operations by 2030. This ambition is supported by a science-based target to achieve an 85% reduction in Scope 1 and 2 emissions by 2030, from a 2020 baseline year. Additionally, the company aims to increase its sourcing of renewable electricity from 5% in 2020 to 100% by 2030. Further, Spectris has set a near-term target to reduce Scope 3 emissions by 42% by 2030, also from a 2020 base year. The company's long-term Net Zero strategy includes reaching Net Zero across its value chain (Scope 3) by 2040, aligning with a 1.5°C warming scenario. The company has also indicated a commitment to reducing emissions at its manufacturing sites through energy efficiencies, targeting a 20% reduction by 2030. Furthermore, a short-term incentive plan requires a 31.5% reduction in Scope 1 and 2 emissions within the three-year performance period ending 31 December 2025.