Contributing to our communities
We aim to improve our world by contributing positively to our communities and society in general.
Smiths products and services support critical global industries where we are pioneering progress in safety, efficiency, and environmental performance. Our operations around the world play a beneficial role in local economies through job creation and skills development; procurement and generating tax revenues; and operating safely, environmentally responsibly and ethically. We also engage directly through fundraising, charitable giving and education initiatives.
Healthy and prosperous communities and strong relationships are aligned with our Smiths Values and inspire and promote a sense of pride and ownership in our people. Our community engagement activities are managed locally, with each site focusing on markets and communities that are important to them.
We pay and collect significant amounts of tax as a result of our business activities. Our Global Tax Strategy describes our approach to the responsible management of our tax affairs to enhance long-term shareholder value while contributing to public expenditure and the overall welfare of the communities in which we operate.
Our direct economic contribution (employee costs + supplier costs + tax) was £2.33bn in FY2022.
Smiths Interconnect continued its successful Beyond Boundaries community outreach programme with a focus on activities across May 2022. Our teams undertook a wide range of activities including:
– Volunteering at schools, care homes, hospitals and other community organisations
– Litter picking and beach cleans
– Collecting for and helping food banks and pantries
– Maintenance and gardening
– Educational sessions on environmental matters