Morgan Advanced Materials
We are committed to being a responsible business
Aligned to our purpose and a key element of our strategy, we are taking steps to protect and preserve the natural environment.
Our products and our manufacturing processes are designed, built and managed in a way that enhances their value to society and our environment. This benefits our customers enabling them to adopt and adapt to clean technologies that provide a more sustainable future.
We manufacture a number of products that make a positive contribution, making the world more sustainable and improving the quality of life. Through their life, our products typically save tens or hundreds of times the CO2 emitted during manufacture.
In 2021 we set stretching targets across a number of environmental, social and governance (ESG) areas.
ESG at Morgan
Environment
Our aim is to ensure that our products and manufacturing processes are designed, built and managed in a way that enhances their value to society and our environment.
Social
Our people contribute to the culture and are the driving force behind our success. In return, we aim to be a caring organisation where everyone feels valued and appreciated. Our key principle is that ‘it is not just what you do, but how you do it’ that is important. This ethos affects how we treat our people, how we support the communities we work in and how we engage our stakeholders.
Governance
We view good governance as crucial to business success, and conducting and managing our activities in a responsible manner has always been an important part of our strategy. We are fulfilling our responsibilities to our stakeholders and seek continuous improvement in the standards of governance that apply across all of our businesses.
Safety, people and sustainability progress in 2025
Goal - A 0.10 LTA rate
Our LTA rate was 0.18 (2024: 0.13) which is an increase compared to the prior year. Safety of our employees is essential and addressing the root causes of lost time and recordable accidents is a critical focus for the Board and senior management team. We have undertaken a detailed root cause analysis of 2025 incidents, and as a result, we have developed a focused plan to reinforce the skills and engagement of our manufacturing leaders across the Group, and to implement more focused actions at selected sites during 2026. Alongside, we will maintain our focus on process safety. We have made significant progress in this area during 2025, with strong engagement and momentum in the implementation of the improvement plans in the first of three waves of deployment.
Goal - 40% of female leadership
We continue to improve our gender diversity and 36% of our leadership population are female, a year on year improvement of 2%. We will continue our focus on ensuring that our policies, working conditions, development and support offering, and recruiting approaches deliver a more supportive environment for our female leaders.
Goal - A top quartile engagement score
Our engagement score was 75%, an improvement on the prior year. It is pleasing to see progress on this metric, particularly at the sites where engagement levels are below average. Our leaders remain focused with site specific actions.
Goal - Reduce Scope 1 and 2 CO2 emissions by 50%
We reduced by 5% in the year and we are now 58% below our baseline, significantly ahead of our glide path. 80% of our power is from low carbon sources and going forward, as our business grows, we are focusing on process efficiency and new technologies in order to sustain this performance.
Goal - Reduce water usage and water use in high-stress areas by 30%
Our overall water usage reduced by 11% and water use in high-stressed areas has decreased by 3%. We are 39% and 23% below our baseline, respectively.