As of 2024, Spectris has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 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 Spectris's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a, b | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -85%a | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -42%a | 2030 |
Absolute-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1) | Metric Tonnes of CO2 equivalent (mtCO2e) | -60%a | 2030 |
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As of 2024, Spectris 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.ab
As of 2024, Spectris has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Spectris's most ambitious operational target is to reduce these emissions by 85% by 2030, compared to a baseline of 23,904.7 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
As of 2024, Spectris is ahead of schedule on its operational emissions reduction target, having achieved 64.02% of the planned reduction.a
As of 2024, Spectris has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 11 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
Spectris's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 464,906.9 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.ab
As of 2024, Spectris is lagging behind on its value chain emissions reduction target, having achieved 15.64% of the planned reduction.ab