Energy

As public concern grows, more customers are asking about our Greenhouse Gas (GHG) emissions as part of the manufacturing process. The increasing demand for low-carbon products and processes, and the need to consider the effects of climate change in general, have had an impact on our long-term strategy.

Our goal is to be a CO₂e scope 1 and 2 net zero business by 2050. Our 2030 target is to reduce our scope 1 and 2 CO₂e emissions by 50% (from a 2015 baseline).

During 2024 we reduced our emissions by 3% (compared to 2023). We are now 55% below our 2015 baseline.

Our scope 1 and 2 CO_2e emissions have been reducing, driven by improvements in:

• Increased sourcing of renewable electricity
• Efficiency improvements in our high-temperature processes
• Continued investment in electric furnaces

We have a broad-based improvement programme underway covering energy procurement, process improvements and behavioural changes in our plants.

Our CO₂e emissions in the 2024 were down 3% on the prior year.