Melrose Industries PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2017

In its 2023 reporting, Melrose Industries PLC disclosed greenhouse gas emissions of 1.9M tCO2e/year (Market-based). By scope: Scope 1: 33.6K tCO2e/year; Scope 2: 104.4K tCO2e/year (Market-based); Scope 3: 1.7M 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
1.9M tCO2e/year (Market-based)
2023
⚡
Renewable Energy
34% (UK), 29% (Global)
of total energy
💧
Water Usage
1.3M m3/year
2023
♻️
Waste
17.5K tons/year (total solid waste)
2023
⚙️
Energy Use
568.1K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).33.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.104.4K tCO2e/year (Market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.7M 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
20231.9M tCO2e/year (Market-based)
2022775.0K tCO2e/year
2021723.4K tonnes CO2e (Scope 1 & 2)
2020916.4K tCO2e/year
2019801.5K tonnes CO2e (2019 including GKN)
201723.7K + 36509 + 2027 = 62216 tonnes CO2e (Significant increase due to Nortek acquisition)

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

  • Reduce Scope 1 and 2 emissions intensity by 50% by 2025
  • Source 50% of electricity from renewable sources by 2025
  • Divert 95% of solid non-hazardous waste from landfill by 2025
  • Reduce water withdrawal intensity by 40% by 2025
  • Maintain 80% of total R&D spend on climate-related R&D per year

📅 Medium-term

  • Reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030
  • Reduce absolute Scope 3 GHG emissions by 25% by 2030

🔭 Long-term

  • Achieve net zero GHG emissions across the value chain by 2050

🌱 ESG Focus Areas

Product Safety and QualityClimate Change: mitigation and adaptationR&D for sustainable aviationBusiness integrityOccupational health, safety and wellbeing

⚠️ Challenges & Risks +

  • Supply chain disruptions due to extreme weather events
  • Regulatory changes to flight time and routes
  • Declining demand for legacy product offerings
  • Raw material availability
  • Successful entry into service of new technologies
  • Replacement of carbon-intensive machinery
  • Exposure to carbon pricing mechanisms

📋 Report Information

Reporting Period: 2023
Frameworks: UN SDGs, SASB, Greenhouse Gas Protocol, ISO 14064 Part 1, TCFD, CFD