Victrex plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2019🗂️ Report periods on file: 2019, 2014, 2013

In its 2019 reporting, Victrex plc disclosed greenhouse gas emissions of 34.6K tCO2e/year. By scope: Scope 1: 23.6K tCO2e/year; Scope 2: 11.0K tCO2e/year; Scope 3: 2.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
34.6K tCO2e/year
2019
⚡
Renewable Energy
85%
of total energy
💧
Water Usage
499.0K m3/year
2019
♻️
Waste
30.3K tons/year
2019
⚙️
Energy Use
164.8K MWh/year
2019

📊 Emissions by Scope (2019)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).23.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.11.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.5K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
201934.6K tCO2e/year
201416.3K tCO2e (Scope 1 and 2)
201325.3K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Zero reportable injuries
  • Progress towards carbon neutral status

📅 Medium-term

  • Increase volume of PEEK in cars from 8g to 12g
  • Grow new product sales above 4% of revenues
  • Commercial revenues from Aerospace composites

🔭 Long-term

  • Save more CO2 than we produce (carbon neutral)

🌱 ESG Focus Areas

SafetySustainabilityResource EfficiencySocial ResponsibilityDiversity & Inclusion

⚠️ Challenges & Risks +

  • Slowdown in global Automotive and Electronics markets
  • Brexit uncertainty impacting cash conversion and inventory levels
  • Adverse currency impacting profit
  • Raw material and energy inflation
  • Debottlenecking project leading to extended shutdown and under-recovered overheads

📋 Report Information

Reporting Period: 2019
Frameworks: GRI, CDP, FTSE Russell Green Revenues Index