Delivering Net Zero GHG
We have a successful record of delivering reductions in our operational GHG emissions. We are now taking big steps forward.
In FY2022, we committed to ambitious Net Zero targets that align Smiths with the UN’s critical global climate objectives: Net Zero emissions from our operations (Scope 1 & 2) by 2040 and Net Zero emissions from our supply chain and products in use (Scope 3) by 2050. To underline these commitments and the importance we place on them, we have committed to set Science-Based Targets (SBTs) with the SBT initiative (SBTi) and signed-on to the 1.5°C Business Ambition under the UN Race to Zero, covering Scope 1, 2 and 3 GHG emissions.
Energy efficiency and renewable energy
Accelerating projects that reduce overall energy use and increase our use of electricity from renewable sources will be critical to our success in achieving our Scope 1 & 2 targets. Our Group-wide Energy Team is prioritising, coordinating and ensuring delivery of the projects necessary to meet our commitments, including energy efficiency, on-site renewable energy and procuring renewable energy.
Scope 3 Emissions
Our Scope 3 emissions will likely significantly exceed our operational emissions. Emissions associated with our supply chain and products in use are anticipated to account for the majority of our Scope 3 emissions and we are actively planning for improvements to our supplier management and customer engagement processes to support delivery of our targets. We are also continuing to prioritise product stewardship projects.
1,856 solar panels have been installed at Smiths Detection Johor, Malaysia. These will generate more than 1.2 million kWh of electricity per year, representing around 5% of Smiths Detection’s global annual consumption.
Smiths Interconnnect’s Hypertac hyperboloid contact technology creates lower resistance than other contact technologies, contributing to lower power consumption of systems where they are used. Hypertac contacts also have a higher mating life than other connectors enabling longer product lifespans.