Spirax Group PLC
Spirax Group's Climate Target Data Preview
As of 2024, Spirax Group has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 Spirax Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target 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 | 2025 |
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 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2032 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2050 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2050 |
Verified Sources Behind Spirax Group’s Climate Targets Data
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Insights into Spirax Group's Greenhouse Gas Emissions Pathways
As of 2024, Spirax Group 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 Spirax Group have a target to reduce the emissions from its operations?
As of 2024, Spirax Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Spirax Group's most ambitious operational target is to reduce these emissions by 95% by 2050, compared to a baseline of 46,745 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a
As of 2024, Spirax Group is ahead of schedule on its operational emissions reduction target, having achieved 48.25% of the planned reduction. a
Spirax Group's Operational (Scope 1+2) Emissions Pathway
Does Spirax Group have a target to reduce the emissions from its value chain?
As of 2024, Spirax Group 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
Spirax Group's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 25,051,918 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a
Instead of reducing value chain emissions, Spirax Group has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a
Spirax Group's Value Chain (Scope 3) Emissions Pathway
Does Spirax Group have a target to reduce its total carbon footprint?
As of 2024, Spirax Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
Spirax Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 25,098,663 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 50.4% by 2032. a
Instead of reducing total carbon footprint, Spirax Group has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a