Morgan Advanced Materials

Net zero

Our sustainability strategy includes actions to reduce greenhouse gas (GHG) emissions and combat climate change. We are making this happen through the products that we manufacture and the way we manufacture them.

Our products help our customers to be more efficient – to use less energy in their manufacturing processes or in their products, and to generate less CO2. We are also working hard to decarbonise our own operations – to produce our products more efficiently and to reduce our own CO2 emissions.

Our aspiration Our 2030 goal
A CO2 net zero business by 20501 50% reduction in scope 1 and scope 2 CO2 emissions2

1. Excludes indirect emissions generated by our supply chain, distribution network and employee travel. 2. Reduction targets shown are compared to a 2015 baseline.


Our progress

We are migrating to carbon-free electricity across the Group. 72% of our power was carbon free at the end of 2023. We continue to improve the efficiency of our gas-fired kilns and continue to move to electrically fired options for some kiln types. During 2023 we reduced our absolute scope 1 and 2 CO2e emissions by 25.4%.

Our decarbonisation roadmap

The risks and opportunities considered by the Board have directly informed the Company’s strategy to deliver on our 2030 goals and 2050 aspirations. These risks and opportunities form the foundation of our net zero roadmap, to ensure we achieve our targets.

Our plans cover:

  • Short-term (0–3 years) – preparing for the future
  • Medium-term (3–10 years) – scaling up
  • Long-term (10–25 years) – investment in key technologies.
Preparing for the future

Morgan's short-term planning (0-3 years) focuses on climate change-related actions towards process efficiency, improving net-water consumption, and changing electricity providers to carbon-free sources to achieve our 2025 target of 80% carbon-free electricity

  • Conversion of lower temperature furnaces to electricity. Building on the development work to convert low temperature processes, minimising exposure to carbon taxation

  • Development of a scope 3 emissions strategy and targets. In 2023 we further refined our scope 3 screening exercise in line with SBTi guidance. In 2024 we will commence work on our scope 3 inventory, starting with the most material categories. From this we will develop strategies to reduce emissions across the categories which are key to the Group

  • Life cycle assessment on our key products. To better support our customers in their decarbonisation journeys, we will conduct life cycle assessment on our key products, making carbon footprints available, but also identifying opportunities to reduce their impact

  • Engineering solutions to increase efficiency and water recycling. In particular, leveraging our furnace working group to ensure our existing assets are performing

  • Inclusion of a shadow carbon price in Capex business cases. This will drive visibility of the potential environmental costs of business decisions

  • Investing in early stage R&D projects for carbon-free furnaces. Acknowledging that the solutions are not yet deployable in many cases, we will work with academia, industry groups and suppliers to develop solutions

  • Investing to grow capacity in key markets. We will invest in equipment to support the fast growth in the semiconductor, clean energy and clean transportation markets, embedding and improving our market position.

Scaling up

Morgan’s medium-term planning (3-10 years) delivers more permanent solutions to achieve our 2030 ESG goals.

  • Installation of pilot carbon-free furnaces. Higher temperature processes require more technology development, and the installation of pilot furnaces for the different furnace types will support this
  • Further conversion of lower temperature furnaces to electricity
  • Working with our value chain to reduce scope 3 emissions. Deploying our strategy to reduce our scope 3 footprint in key categories to achieve our target of 15% reduction by 2030
Investment in key technologies

Morgan’s long-term approach (10-25 years) considers the achievement of long-term goals and implementing the solutions needed to decarbonise our business. Climate change-related long-term planning includes decisions on the future of power generation and supply, advancements in low carbon technology and larger investments in waste heat recovery and carbon capture.

  • Further conversion of lower temperature furnaces to electricity. Converting remaining low temperature furnaces that can be converted to electricity
  • Conversion of higher temperature furnaces to electricity. Where technologically possible, converting higher temperature furnaces to electricity
  • Working with our value chain to further reduce our scope 3 emissions. Building on our progress, we will continue to work with our value chain to decarbonise
  • Conversion of remaining furnaces to carbon-free alternatives. Electrification may not be possible or viable in all cases, so parallel R&D paths will develop and deploy alternative solutions