Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Health & Safety
• Social Responsibility
• Governance

Environmental Achievements

• Reduced VOC output by 98% at Madison, IL facility through thermal oxidizer installation.
• Nottingham, UK site attained zero landfill.

Social Achievements

• Met or exceeded safety goals.
• Implemented smoking cessation program.
• Rolled out Employee Healthy Lifestyle program.
• 95% retention rate of office and professional staff.
• 89% retention rate of production/operational staff.

Governance Achievements

• Adopted new corporate policies to codify dedication to monitoring and improving EHS elements.
• Improved processes for evaluating, measuring, and addressing environmental and social impacts of operations.
• Established long-term environmental goals.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and global social injustice issues impacting operations.
• High freshwater consumption in manufacturing processes.
• Excessive waste generation.
• Potential risks associated with complex global supply chain.

Mitigation Strategies

• Established 2025 Environmental Goals for emissions, water, and waste reduction.
• Developed plans to reach goals and implemented strategies to improve data collection and analysis.
• Investing in water reuse and reclamation efforts.
• Conducting regular waste stream analyses to reduce waste output.
• Implementing reuse and recycling practices.
• Conducting supplier risk assessments and on- and off-site audits.
• Utilizing a confidential, anonymous whistleblowing helpline.

Supply Chain Management

Responsible Procurement

• Supplier risk assessments
• On- and off-site audits
• Third-Party Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, UN Guiding Principles on Business and Human Rights, ISS ESG Corporate Reporting Standards

Certifications: ISO 14001 (80% of operations), ISO 9001, ISO 45001, ISO 13485, AS 9100, IATF 16949, NSF 61

Sustainable Products & Innovation

• Lightweight medical cylinders
• Synermag bio-absorbable magnesium scaffold
• Zirconium powders for pharmaceuticals
• Lightweight aluminum and magnesium panels for medical equipment
• Hydrogen cylinders for fuel cells
• Materials for exhaust system catalysis

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• 48% reduction in Scope 1&2 absolute emissions from 2019 baseline through year-end 2023.
• 34% reduction in Waste-to-Landfill from 2019 baseline through year-end 2023.

Social Achievements

• Greater diversity on the Board of Directors, supporting a more inclusive leadership team.
• Increased supplier due diligence, ensuring alignment with sustainability and ethical standards.

Governance Achievements

• More robust ESG data collection and the establishment of regular reporting mechanisms to improve transparency.

Climate Goals & Targets

Environmental Challenges

• Energy intensity and emissions from manufacturing operations.
• Water usage in manufacturing processes.
• Waste generation from manufacturing operations.
• Climate-related physical risks (extreme weather, energy cost and reliability, unpredictable climate patterns, changes in precipitation patterns)
• Climate-related transition risks (policy and regulatory changes, shifting customer behavior, transition to lower emissions operations, reputation)
• Cybersecurity threats.

Mitigation Strategies

• Upgrading equipment with energy-efficient alternatives; installing new technologies to save energy, reduce emissions, and minimize waste; upgrading lighting to LED; refurbishing water distribution systems; establishing waste sorting and recycling processes; pursuing site environmental certifications and partnerships; enhancements to Project Reduced Energy Demand (RED) program; renewing focus on Lean implementation; enhancing employee education and awareness around energy use and operational impacts.
• Implementing water conservation methodologies; exploring advanced water recycling technologies; engaging employees in water conservation.
• Source reduction strategies (digital documentation, redesigned packaging); enhanced recycling programs; composting initiatives; employee engagement and training; regular monitoring of waste generation and recycling metrics.
• Implementing extensive controls (firewalls, threat monitoring systems, updated security protocols); regular backups of critical applications; enforcing global IT security policies and providing annual training (including phishing simulations); conducting thorough due diligence on vendors; prioritizing compliance with GDPR and conducting annual reviews of Data Protection Policy; employee training on maintaining secure systems and access controls.
• Incorporating climate-related risks and opportunities in risk management processes; continuously updating approach to climate risk management.

Supply Chain Management

Responsible Procurement

• Third-Party Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme Weather Events
• Energy Cost and Reliability
• Unpredictable Climate Patterns
• Changes in Precipitation Patterns

Transition Risks

• Policy and Regulatory Changes
• Shifting Customer Behavior
• Transition to Lower Emissions Operations
• Reputation

UN Sustainable Development Goals

• SDG 2
• SDG 3
• SDG 6
• SDG 9
• SDG 11
• SDG 12

Products and end markets contribute to various SDGs through alternative fuel cylinders, catalysis products, lightweight magnesium, SCBA and medical cylinders, chemical response kits, and other industrial components.

Sustainable Products & Innovation

• Lightweight composite and aluminum cylinders for CNG and hydrogen storage; medical cylinders; lightweight magnesium alloys for automotive and aerospace; zirconium chemicals for pollution control; magnesium photo-engraving plates

Awards & Recognition

• 2023 Runner Up Manufacturing Matters Award (MAKE UK Midlands and East Manufacturing Awards)
• 2023 Winners of the Medium-Sized Business Award (East Midlands Business Masters)
• 2024 Winners of the Innovation Award (MAKE UK Midlands and East Manufacturing Awards)
• 2024 Winners of the Product Innovation & Design Award (The Manufacturer MX Awards)
• 2023 Carbon Challenge Sprint (Luxfer Magtech Saxonburg)