Spirax Group PLC

Common Name
Spirax Group
Country
United Kingdom
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
10,000
Ticker
SPX
Exchange
LONDON STOCK EXCHANGE
Description
Spirax-Sarco Engineering plc is a leading industrial engineering company specializing in steam and thermal energy solutions. The company's core function revolves around the design and manufacture of e...

Spirax Group's GHG Emissions Data Preview

In 2024, Spirax Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Spirax Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Spirax Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Spirax Group amounted to 39,080 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Spirax Group decreased by 3.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Spirax Group's Scope 1 Emissions Over Time

20192020202120222023202407 k14 k21 k28 ktCO2e-14%+9%-14%-11%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Spirax Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Spirax Group were 17,405 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Spirax Group reduced its Scope 1 emissions over time?

Since 2019, Spirax Group's Scope 1 emissions have decreased by 33.13%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Spirax Group's Scope 1 emissions decreased by 6.11%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Spirax Group's Scope 2 emissions?

In 2024, Spirax Group reported Scope 2 greenhouse gas (GHG) emissions of 7,912 tCOâ‚‚e using the market-based method, and 21,675 tCOâ‚‚e using the location-based method.

Has Spirax Group reduced its Scope 2 emissions over time?

Since 2019, Spirax Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Spirax Group 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2023), Spirax Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Spirax Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Spirax Group use for Scope 2 reporting?

In 2024, Spirax Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Spirax Group's Scope 2 Emissions Over Time

20192020202120222023202407 k14 k21 k28 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Spirax Group's Value Chain Emissions

In 2024, Spirax Group reported 10,644 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Spirax Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Spirax Group's Scope 3 Emissions Over Time

202120222023202407 M14 M21 M28 MtCO2e-100%+229934%-100%
  • Total Scope 3
  • Year-over-Year Change

What are Spirax Group's Scope 3 emissions?

In 2024, Spirax Group reported total Scope 3 emissions of 10,644 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Spirax Group's Scope 3 emissions decreased by 99.96%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Spirax Group's Total Carbon Footprint

In 2024, Spirax Group reported a total carbon footprint of 49,724 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.81% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Spirax Group's total carbon footprint was Scope 2 emissions, accounting for 43.59% of the company's total carbon footprint, followed by Scope 1 emissions at 35%.

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