Morgan Advanced Materials

ESG goals

We have set stretching goals to reduce our environmental impact, manage our business well and to make sure we do the right thing for our people and society.

Net zero

Our goal is to be a scope 1 and 2 net zero business by 2050. Our 2030 target is to reduce our scope 1 and scope 2 CO2 emissions by 50% (from a 2015 baseline). We started to measure scope 3 emissions in 2023 (with coverage increasing over time).

Water

Our aspiration is to use water sustainably across our business. Our 2030 target is to reduce our overall water usage by 30% and reduce our water usage in high-stress areas by 30% (from a 2015 baseline). As approximately 20% of our total water usage is in stressed areas we maintain a 30% target across both stressed and non stressed areas to ensure we are taking positive steps to reduce our overall impact.

Improve our safety performance

Our aspiration is zero harm to our employees. Our 2030 target is a LTA rate below 0.1 (lost time accidents per 100,000 hours worked).

Improve the diversity and inclusion of our business

Our aspiration is that our employee demographics reflect the communities that we operate in. Our 2030 target is for 40% female representation across our leadership population of our organisation. Our aspiration is a welcoming and inclusive environment where our employees can grow and thrive. Our 2030 target is to attain a top quartile employee engagement score.

Alignment to strategy

To improve the execution of our strategy and deliver our sustainability goals we have set three execution priorities for the coming years:

  1. Big positive difference
  2. Delight the customer
  3. Innovate to grow

The United Nations Sustainable Development Goals (UNSDG)

The Goals aim to overcome global challenges such as inequality and climate change, and present the opportunity to put the world on a more sustainable path. We have identified nine goals that directly relate to our purpose and ambitions for creating a more sustainable world.

The environment

The UN goals covering environment and sustainability are; Goal 7, Affordable and Clean Energy; Goal 9, Industry, Innovation and Infrastructure; and Goal 11, Sustainable Cities and Communities.

To meet these Goals, we help our customers to manage heat and reduce their energy usage, as well as enable green energy production through wind and solar. We contribute to the electrification of public transport, reducing emissions and increasing efficiency, and we help create safer medical devices and better fire protection.

Water use and climate

To support Goals 12, 13 and 6, governing Responsible Consumption and Production, Climate Action, and Clean Water and Sanitation, we have introduced clear water, waste and energy reduction goals to help protect our environment, including programmes to reduce greenhouse gas emissions through more efficient manufacturing processes.

Safe, fair and inclusive workplace

To support Goal 3, Good Health and Well-Being; Goal 5, Gender Equality; and Goal 8, Decent Work and Economic Growth, we have set targets for gender diversity, safety and employee engagement and have programmes underway to meet them.