Spectris

Electrical Components & Equipment
SXS.L
GBX 3,608 (1.4)%
Share price
$ 4.7 bn
Market Cap
$ 4.6 bn
Enterprise Value

Carbon footprint

6.9 Ton
GHG emissions per $ 1 mln investment
0.21x the weighted average for S&P 500
FY2021
How is this calculated?
-0.5%
YOY change in GHG emissions
Weaker than the -11% 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

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

Spectris's carbon footprint

Spectris reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 32 Kt (-0.16 /-0.5% y-o-y). At the same time, carbon intensity soared to 20 t (+1.5/+8.2% y-o-y).

Spectris's Scope 3 emissions skyrocketed to 496 Kt (+479/+2807% y-o-y). There has been no consistent trend in recent years.

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

Spectris also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Spectris commits to reduce absolute scope 1 and 2 GHG emissions 85% by 2030 from a 2020 base year. Spectris also commits to increase annual sourcing of renewable electricity from 5% in 2020 to 100% by 2030. Spectris commits to reduce absolute scope 3 GHG emissions 42% by 2030 from a 2020 base year.

Company environmental metrics

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