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Cheltenham engineering company aims for net zero by 2030

The Business Magazine article image for: Cheltenham engineering company aims for net zero by 2030
17 June 2021

Spirax Sarco, the Cheltenham-headquartered thermal energy management and pumping specialist, has set out an ambitious sustainability target of achieving net zero greenhouse gas emissions by 2030.

With more than 8,000 people working in 68 countries worldwide, including more than 800 in Cheltenham, Spirax-Sarco's technologies play a crucial role in critical industrial processes responsible for the production of many products used every day.  Its purpose is to create sustainable value for all its stakeholders by engineering a more efficient, safer and sustainable world. 

Group Chief Executive, Nicholas Anderson, said: "The world's challenges are global and complex.  By operating responsibly and working with our stakeholders to engineer a more efficient, safer and sustainable world, we aim to make a difference.  Our new strategy has been developed with input from over 600 people, it is evidence-based and focuses on initiatives that will create lasting impact for us and the wider world.

"Our strategy addresses how we source materials to how we develop, manufacture and sell our products.  It also focuses on creating sustainability benefits for our customers and prioritises the way we support our communities.  We are investing in sustainability across our Group, building on a legacy of responsible business operations, working ethically and safely, as well as creating inclusive environments where diversity can thrive.  Across our Group we will support each other and work with our customers, suppliers and communities to drive meaningful and positive change."

Spirax-Sarco Engineering plc is a constituent of the FTSE4Good Index. The company has been independently assessed and found to meet globally recognised corporate responsibility standards. Inclusion in the FTSE4Good Index demonstrates that we have met stringent environmental, social and governance criteria and are well positioned to capitalise on the benefits of responsible business practices.

https://www.businessinnovationmag.co.uk/strong-fourth-quarter-delivers-better-than-expected-results-at-cheltenhams-spirax-sarco/


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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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