Smiths Group PLC

Common Name
Smiths Group
Country
United Kingdom
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
15,750
Ticker
SMIN
Exchange
LONDON STOCK EXCHANGE
Description
Smiths Group plc is a diversified industrial technology company specializing in engineering innovative solutions for mission-critical applications worldwide. With origins dating back over 170 years, t...

Smiths Group's Climate Target Data Preview

As of 2023, Smiths Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, 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 Smiths Group ’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)
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2032
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Revenue
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2024

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Smiths Group's Greenhouse Gas Emissions Pathways

As of 2023, Smiths Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Smiths Group have a target to reduce the emissions from its operations?

As of 2023, Smiths Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Smiths Group's most ambitious operational target is to reduce these emissions by 50% by 2032, compared to a baseline of 52,243 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Smiths Group is ahead of schedule on its operational emissions reduction target, having achieved 25.24% of the planned reduction.

Smiths Group's Operational (Scope 1+2) Emissions Pathway

202120232032015 k30 k45 k60 kBaselineCurrent (-13%)Target 2032 (-50%)
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