- Supply chain disruptions due to geopolitical shifts and export licence restrictions
- Losses incurred in quantum business due to ceasing commercial activities in China and operational challenges
- Higher than expected helium costs under MRI service contracts
- Increased raw material costs and stock provisioning
- Economic uncertainty and later than anticipated release of CHIPs Act funding in North America
Oxford Instruments plc
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Oxford Instruments plc disclosed greenhouse gas emissions of 2.8K tCO2e/year (Scope 1 & 2 market-based). By scope: Scope 1: 425 tCO2e/year; Scope 2: 2.4K tCO2e/year (market-based); Scope 3: 96.2K 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
2.8K tCO2e/year (Scope 1 & 2 market-based)
2024
Renewable Energy
50% of total electricity consumption
of total energy
Water Usage
10.6K m3/year
2024
Waste
213.3K kg/year
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 425 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.4K tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 96.2K 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 period | Headline emissions figure reported |
|---|---|
| 2024 | 2.8K tCO2e/year (Scope 1 & 2 market-based) |
| 2023-04 to 2024-03 | 99.0K tCO2e (market-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Committed to reach net zero in own operations by 2030
- Launched Go Green initiative across 14 global sites to improve environmental performance
🎯 Climate & Sustainability Targets
🔜 Short-term
- Net zero emissions (Scopes 1 & 2) by 2030
📅 Medium-term
- Organic growth CAGR of 5-8%
- Adjusted operating profit margin of 20%+
- Achieve 40% women in senior leadership by end of 2025
🔭 Long-term
- Net zero emissions (Scopes 1, 2 & 3) by 2045
🌱 ESG Focus Areas
Net Zero EmissionsEnvironmental ImpactSustainable Product StewardshipHealth and SafetyInvesting in PeopleCulture and EngagementEthical Business PracticesRegulatory and Financial ComplianceEquity, Diversity and Inclusion