Morgan Advanced Materials PLC

Common Name
Morgan Advanced Materials
Country
United Kingdom
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
9,000
Ticker
MGAM
Exchange
LONDON STOCK EXCHANGE
Description
Morgan Advanced Materials plc is a globally recognized manufacturing company that specializes in the production of ceramic-based and carbon-based materials. Its primary function lies in delivering hig...

Morgan Advanced Materials's Climate Target Data Preview

As of 2024, Morgan Advanced Materials has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Morgan Advanced Materials ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind Morgan Advanced Materials’s Climate Targets Data

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a. Morgan Advanced Materials's Annual Report 2024
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Insights into Morgan Advanced Materials's Greenhouse Gas Emissions Pathways

As of 2024, Morgan Advanced Materials has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Morgan Advanced Materials have a target to reduce the emissions from its operations?

As of 2024, Morgan Advanced Materials has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Morgan Advanced Materials's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 342,694 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015. a

Morgan Advanced Materials has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Morgan Advanced Materials's Operational (Scope 1+2) Emissions Pathway

201520242030090 k180 k270 k360 kBaselineCurrent (-55%)

Does Morgan Advanced Materials have a target to reduce the emissions from its value chain?

As of 2024, Morgan Advanced Materials has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Morgan Advanced Materials's most ambitious value chain target is to reduce these emissions by 15% by 2030, compared to a baseline of 1,171,941 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Morgan Advanced Materials has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Morgan Advanced Materials's Value Chain (Scope 3) Emissions Pathway

2019202420300300 k600 k900 k1.2 MBaselineCurrent (-68%)Target 2030 (-15%)
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