- Significant reduction in volumes due to underlying demand softness and customer destocking.
- Challenging market backdrop due to high inflation, rapid rises in interest rates, and fall in consumer confidence.
- Customer destocking, notably in seals businesses.
- Withdrawal of various government fiscal stimulus programmes.
- Tight labour markets, especially in the US, resulting in wage inflation.
Tyman plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Tyman plc disclosed greenhouse gas emissions of 26.7K tCO2e/year (market-based). By scope: Scope 1: 9.8K tCO2e/year; Scope 2: 16.8K tCO2e/year (market-based); Scope 3: 610.1K tCO2e/year (materials). 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
26.7K tCO2e/year (market-based)
2023
Water Usage
242.0K m3/year
2023
Waste
10.2K tons/year
2023
📊 Emissions by Scope (2023)
| 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). | 9.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.8K tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 610.1K tCO2e/year (materials) |
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 |
|---|---|
| 2023 | 26.7K tCO2e/year (market-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions by 30.4% to 26,666 tCO2e (market-based method) compared to 2022, and 38.2% compared to the 2019 baseline.
- Reduced total waste to landfill to 17% (2022: 22%).
- Increased percentage of revenue from products that positively impact one or more UN SDGs in use to 23% (2022: 22%).
- Near-term carbon reduction targets validated by the Science Based Targets initiative (SBTi).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption at five water-stressed sites to 233,000 m3 by 2026.
- Reduce Scope 1 and 2 emissions per £m revenue by 50% by 2026.
- Achieve TRIR < 3.0 by 2026.
- 100% sustainable packaging by 2026.
📅 Medium-term
- Reduce absolute Scope 1 and 2 emissions by 46.2% by 2030.
- Reduce absolute Scope 3 emissions from purchased raw materials by 27.5% by 2030.
- YoY increase in percent of revenue from positive impact products and solutions.
🔭 Long-term
- Develop long-term net zero goals and interim milestones within five years.
🌱 ESG Focus Areas
Climate ChangeSafetyDiversity & InclusionCommunity InvestmentSupplier SustainabilityEthical Conduct