One Planet: Engineering with Purpose
"Our One Planet: Engineering with Purpose Sustainability Strategy is our roadmap for accelerating our sustainability performance, helping us protect people and the planet both now and for the future, while enabling us to leverage opportunities for sales growth, mitigate risk and deliver value for all our stakeholders."
Sarah Peers
Group Director of Sustainability, Spirax Group
Since 2021, our One Planet: Engineering with Purpose Sustainability Strategy has been embedded in our Business strategies for sustainable growth.
Implemented locally by each of our three Businesses, with central oversight by the Group Director of Sustainability and the wider Group Executive Committee, it establishes Group-wide targets and operating standards, informs our business decisions, helps manage risk and leverage opportunities for growth, while enabling us to deliver sustainable value to all our stakeholders as we engineer a more efficient, safer and sustainable world.
Our One Planet: Engineering with Purpose Sustainability Strategy is our commitment to operating sustainably and our roadmap to building a more sustainable future for people and the planet. Through our six strategic initiatives, we deliver climate and environmental action, increased customer sustainability, resilient supply chains and stronger communities.
Our six initiatives
The strategy is delivered through six strategic initiatives, which are:
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Net zero greenhouse gases
Achieve net zero greenhouse gas emissions, scopes 1, 2 and 3
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Biodiversity
Deliver biodiversity net gain
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Environmental improvements
Implement environmental improvements in our own operations
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Sustainable products
Grow sales of products with quantified sustainability benefits
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Supply chain management
Embed sustainability criteria in supply chain management
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Stronger communities
Support the wellbeing of people in our communities
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Through these six strategic initiatives we will deliver:
Climate and Environmental Action
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Customer Sustainability
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Resilient Supply Chains
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Stronger Communities
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Ratings and rankings
We are committed to making a difference for both people and planet. Our ratings and rankings demonstrate this commitment and the progress we are making on our sustainability journey.
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Our Approach
Underpinned by shared Values, our Responsible Business Foundations demonstrate our:
- Unwavering focus on the health, safety and wellbeing of everyone associated with our operations
- Commitment to treating employees fairly, providing training and development as well as creating inclusive environments, where diversity can thrive
- Determination to operate ethically, putting people and shared Values at the heart of our culture of ‘doing the right thing’.
We are building on these foundations to accelerate our own sustainability performance, and will work with our customers, suppliers and communities to drive meaningful and positive change.