Our Net Zero 2040 Commitment
Throughout our history, our dedication to quality has meant we’ve used resources wisely by creating products that last and need replacing less often. And around how we operate, we’ve had robust performance targets in place to help minimise our impacts on the environment since 2007.
We’re proud to have committed to Net Zero Greenhouse Gas Emissions by 2040 from Operations. We’ll achieve this through five broad areas: buying renewable energy for operations, adopting on-site renewable energy where practical, continuing to increase energy efficiency at sites, pursuing new technology to sustainably heat our buildings and converting to a greener vehicle fleet. And we’ll continue to identify opportunities to minimise our environmental impact across our global business.
- We currently procure over 60% of our electricity from renewable (Non GHG producing) sources
- We’re working with our regional utility providers to procure green energy when locally available
- We’re currently evaluating ten sites for the installation of solar electricity and/or combined heat and power
- We have worked with landlords to install onsite renewable electricity, including just recently in China at a Smiths leased manufacturing plant
- We continue to invest in lighting and equipment upgrades with higher efficiency materials and equipment at Smiths facilities worldwide
- Our energy efficiency has improved YOY since 2007
- We’ll explore electric heating (via renewable sources) where practical and where fossil fuels are used, we will look at advancing technologies in alternatives, efficiencies, and carbon capture
- While we’re not currently aware of an effective way to heat all of Smiths many manufacturing buildings with renewable energy, we won’t stop looking
- We’ll partner with technology providers to drive innovation in this area, as Smiths is a northern tier manufacturer primarily and heating our buildings is a significant driver of our remaining emissions
- We’ll look to electrify our small ground fleet as local infrastructure becomes more readily available in various regions of the world