As the world tackles climate change, our bio-energy demands will exacerbate water demand, meaning many will face water scarcity due to both physical shortages and scarcity in access. We use water in a number of our manufacturing processes, and we recognise that in some instances our water demands are in areas of increasing water stress. By improving our water usage we will positively impact the local communities in which we operate, and therefore society more generally.
Water is used both for production operations and sanitary purposes in our facilities. Our aim is to utilise water sustainably throughout our business.
Our Aspiration | Our 2030 Goals |
Use water sustainably across our business. |
30% reduction in water use in high and extremely high stress areas. 30% reduction in total water usage. |
2023 progress and performance
In 2023, our overall water usage decreased by 11% compared with 2022 and water in high-stress areas has reduced by 14%. We are on track to meet our 2030 goal.
In the first half of 2024 our overall water usage decreased by 8.1%, whilst high stress water usage decreased by 4.4% compared with 1H 2023.
Morgan Advanced Materials identifies water-stressed sites using the 'Aqueduct Projected Water Stress Country Rankings'. We determine our water stressed sites by referring to the list of countries categorised into high (40-80% | score 3-4) and extremely high (>80% score 4-5) water stress levels.
We utilise the 2030 business-as-usual scenario for industrial water usage to classify sites in water-stressed areas. For 2023 the list of water-stressed countries was revised to include Spain, Italy, Turkey, Mexico, India, UAE, Argentina, China and Australia. Additionally, our sites in the state of California USA, are included in our water stress figures, based on water stress issues within the state. Following this, we have restated our 2015 baseline and all metrics are now compared to the new baseline.
Morgan Advanced Materials is committed to investing in CAPEX projects aimed at achieving water savings across our global sites. These water-saving initiatives include various methods, such as rainwater harvesting and wastewater recycling. In addition, we have a programme to detect and reduce water leaks at our production sites, as part of our efforts to address the water losses identified.