Climate Change Data

Johnson Matthey Plc

Climate Impact & Sustainability Data (2021-04 to 2022-03, 2022-04 to 2023-03)

Reporting Period: 2021-04 to 2022-03

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Greenhouse gas emissions
  • Air pollution
  • Resource conservation
  • Water consumption
  • Waste reduction
  • Health and safety
  • Diversity and inclusion
  • Community investment

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Net zero by 2040
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standard: Core option

Certifications: Null

Third-party Assurance: Avieco

UN Sustainable Development Goals

  • SDG 3
  • SDG 7
  • SDG 12
  • SDG 13

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

ESG Focus Areas

  • Climate change
  • Diversity and Inclusion
  • Ethics and Compliance
  • Sustainability

Environmental Achievements

  • On track for a reduction in scope 1+2 CO2e emissions from a 2019/20 baseline. Progress against 2030 targets closely monitored by the Societal Value Committee.
  • Raised climate ambition to put us firmly on SBTi’s .5˚C pathway to net zero for 2029/30. This commits us to reducing Scope 1+2 and Scope 3 emissions by 42% by 2030, compared to 2019/20 levels.

Social Achievements

  • Reviewed progress and provided feedback on the roadmap to achieve our diversity and inclusion goals.
  • Approved a standalone human rights policy.

Governance Achievements

  • Assessed and approved a refreshed group strategy
  • Monitored the transformation programme
  • Appointed Barbara Jeremiah as an independent non-executive director
  • Approved investments and strategic partnerships linked to our strategic milestones
  • Reviewed previous strategic decisions and evaluated the learnings to further improve governance processes
  • Implemented changes to improve the Governance Framework and simplified committees at GLT level
  • Approved changes to simplify the Delegation of Authority Framework
  • Approved updates to policies to ensure alignment with best practice

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2040
Medium-term Goals:
  • Achieve greater than 40% of female representation across professional management by 2030
  • Reduce Scope 1+2 and Scope 3 emissions by 42% by 2030, compared to 2019/20 levels
  • 50 million tonnes of greenhouse gas emissions avoided per year by 2030
Short-term Goals:
  • Reduce our cost base by £150m over three years

Environmental Challenges

  • Supply chain disruptions
  • Impact of Covid-19, Russia/Ukraine conflict, and other geopolitical and economic issues on risk environment and financial reporting processes.
  • Automotive customers constraining production volumes (Clean Air)
  • Lower precious metal prices and lower refinery intake volumes due to lower scrap levels (PGMS)
Mitigation Strategies
  • Comprehensive improvement programme across JM’s financial and operational controls, including raising awareness and simplifying requirements.
  • New form of site extended audit covers several core processes based on an assessment of risk.
  • Flexibility of assurance plans to respond to emerging risks.
  • Group transformation and cost reduction targets

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Global Human Rights Policy
  • Conflict Minerals and Cobalt Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather related impacts
Transition Risks
  • Introduction of carbon taxes
Opportunities
  • Development of energy-efficient products
  • Hydrogen Technologies

Reporting Standards

Frameworks Used: UK Corporate Governance Code 2018, TCFD

Third-party Assurance: PwC

Sustainable Products & Innovation

  • Hydrogen technologies
  • Catalyst coated membranes (CCMs)