Spirax-Sarco Engineering plc

Industrial Machinery
SPX.L
GBX 9,784 1.3
Share price
$ 9.2 bn
Market Cap
$ 9.9 bn
Enterprise Value

Carbon footprint

4 Ton
GHG emissions per $ 1 mln investment
0.12x the weighted average for S&P 500
FY2021
How is this calculated?
+4.1%
YOY change in GHG emissions
Weaker than the -0.8% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-11%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -8% weighted average for S&P 500
FY2022
How is this calculated?

Spirax-Sarco Engineering plc aims to achieve net zero for Scope 1 + 2 by 2030


This target has not been verified as science based according to SBTi
Spirax-Sarco Engineering plc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Spirax-Sarco Engineering plc's GHG emissions (location-based) (Kt of CO2e)
Spirax-Sarco Engineering plc's Carbon intensity (Tons per 1 USDm)

Spirax-Sarco Engineering plc's carbon footprint

Spirax-Sarco Engineering plc reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 40 Kt (+1.6/+4.1% y-o-y). At the sime time, carbon intensity declined to 22 t (-3.2 /-12.9% y-o-y).

No public disclosure of Scope 3 emissions has been found for Spirax-Sarco Engineering plc at the moment.

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -4.4 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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