Smiths Group

Industrial Conglomerates
SMIN.L
GBX 1,627 (0.21)%
Share price
$ 7.2 bn
Market Cap
$ 7.7 bn
Enterprise Value

Carbon footprint

8.6 Ton
GHG emissions per $ 1 mln investment
0.26x the weighted average for S&P 500
FY2021
How is this calculated?
-6.8%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Smiths Group's GHG emissions (market-based) (Kt of CO2e)
Smiths Group's Carbon intensity (Tons per 1 USDm)

Smiths Group's carbon footprint

Smiths Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 66 Kt (-4.9 /-6.8% y-o-y). At the same time, carbon intensity increased marginally to 22 t (+0.1/+0.5% y-o-y).

No public disclosure of Scope 3 emissions has been found for Smiths Group at the moment.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Smiths Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target Smiths Group plc commits to reach net-zero GHG emissions across the value chain by FY2050. Near-Term Targets Smiths Group plc commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by FY2032 from a FY2021 base year. Smiths Group plc also commits to reduce absolute scope 3 GHG emissions covering purchased goods and services, fuel and energy related activities, and use of sold products 50.4% within the same timeframe. Smiths Group plc further commits that 50.0% of its suppliers by spend covering purchased goods and services, capital goods, and upstream transportation & distribution, will have science-based targets by FY2028. Long-Term Targets Smiths Group plc commits to reduce absolute scope 1 and 2 GHG emissions 90.0% by FY2040 from a FY2021 base year. Smiths Group plc also commits to reduce absolute scope 3 GHG emissions 90.0% by FY2050 from a FY2021 base year.

Company environmental metrics

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