Climate Change Data

STERIS plc

Climate Impact & Sustainability Data (2024, FY22 (ending March 31, 2022))

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:2,421,013 tCO2e
Scope 1 Emissions:57,543 tCO2e
Scope 2 Emissions:103,595 tCO2e (market-based)
Scope 3 Emissions:2,321,013 tCO2e

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Three facilities and 14 reprocessing locations are ISO 14001 accredited.
  • Member of EPA’s SmartWay program since 2005, advancing supply chain sustainability.

Social Achievements

  • 85% of Associates completed the 2023 engagement survey; overall engagement was 74%.
  • 13 locations hold the OSHA VPP Star Award.
  • STERIS Gives charitable match program established.

Governance Achievements

  • Strong Board independence (except for President and CEO, all Board members are independent under NYSE rules).
  • All members of Audit, Compensation, and Nominating & Governance Committees are independent.
  • No shareholder rights plan (Poison Pill).

Climate Goals & Targets

Environmental Challenges

  • Preparing for upcoming CSRD disclosures, gathering baseline information, strengthening internal controls, and evaluating current ESG data.
  • Addressing climate risks and opportunities by improving the efficiency of global operations.
Mitigation Strategies
  • Conducting a CSRD-aligned ESG double materiality assessment.
  • Tracking greenhouse gas (GHG) emissions and completing the annual Carbon Disclosure Project (CDP) questionnaire.
  • Purchasing renewable energy and having facilities with solar panel installations; evaluating opportunities for renewable energy.

Supply Chain Management

Responsible Procurement
  • Working with suppliers to ensure transparency on conflict minerals sourcing.
  • Supplier Code of Conduct.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 14001 (at three facilities and 14 reprocessing locations)

Third-party Assurance: Independent verification body (limited assurance for Scope 1, 2, and 3 emissions)

Reporting Period: FY22 (ending March 31, 2022)

Environmental Metrics

Total Carbon Emissions:75,246 metric tons CO2e (gross global Scope 1)
Scope 1 Emissions:67,071 metric tons CO2e
Scope 2 Emissions:70,013 metric tons CO2e (location-based)

ESG Focus Areas

  • Health, Safety & Environment (HSE)
  • Diversity, Equity & Inclusion (DE&I)
  • Human Rights
  • Employee Engagement
  • Ethical Business Practices

Environmental Achievements

  • 12 locations hold the OSHA VPP Star Award for effective safety and health programs.
  • 3 facilities and 14 reprocessing locations are ISO 45001 accredited.
  • 1 facility and 14 reprocessing locations are ISO 14001 accredited.

Social Achievements

  • 88% of employees completed the 2022 engagement survey.
  • Overall employee engagement was 75% in 2022.
  • Commitment to upholding human rights as recognized by the UN Global Compact.

Governance Achievements

  • No Class I recalls in fiscal years 2020, 2021, and 2022.
  • Zero products listed in the FDA’s MedWatch Safety Alerts.
  • No warning letters, seizures, or consent decrees from the FDA in fiscal year 2022.
  • No monetary losses from legal proceedings associated with false marketing claims or bribery/corruption in fiscal year 2022.

Climate Goals & Targets

Short-term Goals:
  • Achieve employee turnover rate of 10% or under (excluding retirements and reductions in force).

Environmental Challenges

  • 17% employee turnover rate in fiscal year 2022 (goal is 10% or less, excluding retirements and reductions in force).
  • Integrating Cantel Medical into emissions reporting platform.
  • Evaluating Scope 3 emissions.
Mitigation Strategies
  • Continuous efforts to improve employee engagement and reduce turnover.
  • Engaging a third-party firm to assist with Scope 1 and Scope 2 data capture and analysis.
  • Ongoing work to integrate Cantel Medical data and evaluate Scope 3 emissions.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, CDP

Certifications: ISO 14001, ISO 45001

Awards & Recognition

  • OSHA VPP Star Award (12 locations)