As of 2025, Spirax Group 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 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) | -50%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2032 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2050 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -95%a, b | 2050 |
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As of 2025, 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.ab
As of 2025, Spirax Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
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.ab
As of 2025, Spirax Group is ahead of schedule on its operational emissions reduction target, having achieved 61.54% of the planned reduction.ab
As of 2025, 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
As of 2024, Spirax Group is lagging behind on its value chain emissions reduction target, having achieved 9.81% of the planned reduction.a
As of 2025, 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
As of 2024, Spirax Group is lagging behind on its total carbon footprint reduction target, having achieved 17.66% of the planned reduction.a