Morgan Advanced Materials
Environment
We are making good progress towards our 2030 goals.
|
2030 environmental goal |
2025 progress |
|---|---|
|
Reduce absolute emissions directly from the company’s operations and indirect emissions from purchased energy (scope 1 and 2) by 50% by 2030 from a 2015 baseline. |
Scope 1 GHG emissions (tCO2e) from stationary fuel combustion were 106,088 tonnes and Scope 1 GHG emissions (tCO2e) from process and mobile emissions were 5,976 tonnes (of which process emissions were 5,655 tonnes). For 2025, total Scope 1 GHG emissions (tCO2e) were 112,064 tonnes, which is a 0.9% increase over 2024 values and 45.5% decrease over 2015 values. Market-based Scope 2 GHG emissions (tCO2e.[1] were 33,072 tonnes, which is a 21% decrease over 2024 values and 76% decrease over 2015 values. |
|
Reduce total water withdrawal and water withdrawal in water stressed areas by 30% from a 2015 baseline. |
In 2025 we made further improvement in our total water withdrawal. This reduction was driven by our investment in water recirculation projects through 2023 and 2024, better operational efficiency practices and changes in product mix. Water withdrawal intensity was 1,383 m3/£m (revenue), compared to 1,459 m3/£m (revenue) in 2024. |
|
Procure 80% renewable and nuclear electricity by 2025 and 100% by 2030. |
In 2025, we reached our SBTi target of 80% renewable and nuclear electricity. Our total energy consumption (fuel and electricity) was 897.4 GWh for 2025, which is 2% lower than 2024. We have put in place a number of long term contracts to secure our renewable and nuclear energy portfolio and continue to strive to get these contracts in place where possible. |
Science Based Targets Initiative (SBTi)
The SBTi is a global body enabling businesses to set ambitious emissions reduction targets in line with the latest climate science.
SBTi has approved our near-term science-based emissions reduction targets and has classified our scope 1 and 2 target ambition as in line with a well below 2°C trajectory:
- We commit to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2015 base year*.
- We commit to increase active annual sourcing of renewable electricity from 0% in 2015 to 80% in 2025 and 100% by 2030.
- We commit to reduce absolute scope 3 GHG emissions 15% by 2030 from a 2019 base.
*The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks
1 The Scope 2 emissions figure was calculated using the market-based methodology. The location-based figure for the same period is 144,130 tCO2e.