Halma announces new global sustainability targets
08 July 2021
Halma, the global group of life-saving technology companies, has announced new global climate targets as part of its long-term sustainable growth strategy. These include a commitment to reach Net Zero for its operations1 by 2040 and to reduce operational greenhouse gas emissions by 42%2 by 2030. The 2030 target is aligned with climate science and the Paris Agreement’s goal to limit global warming to 1.5 degrees Celsius above pre-industrial levels.
These climate change targets are one of three elements of a new Sustainability Framework that Halma has announced, called Key Sustainability Objectives.
Halma’s three Key Sustainability Objectives are:
• Climate Change – addressing climate change in terms of both the opportunities and risks it presents and by minimising Halma’s own greenhouse gas emissions.
• Diversity, Equity & Inclusion – working towards a fairer future for everyone, every day and ensuring its businesses can thrive and be sustainable in the long-term.
• Circular Economy – designing out waste and pollution and incorporating reused and recycled materials within products where feasible.
Amplifying positive impact through a new Sustainability Framework
Halma’s life-saving technologies have a positive impact on the world. Over two thirds of its revenue is aligned with its four chosen United Nations Sustainable Development Goals3, and so as Halma grows its positive impact grows too.
Halma’s Sustainability Framework has been created to further amplify this positive impact and help it fulfil its purpose of growing a safer, cleaner, healthier future for everyone, every day. The Key Sustainability Objectives are aligned to the Group’s purpose and relevant to its companies. By reducing its negative impact while growing its business, Halma can have the greatest net positive impact on people and our planet.
Marc Ronchetti, Halma’s Group Chief Financial Officer and Board Member responsible for Sustainability, said:
“Our new climate targets and Sustainability Framework are aligned to our purpose of growing a safer, cleaner, healthier future for everyone, every day, and build on the sustainable growth strategy we have had for many years.
“The positive impact Halma’s technologies already have on people and our planet – such as providing safe buildings, clean water and patient care – will be further amplified through our new Sustainability Framework. It will help our companies prioritise and track progress in those areas of sustainability where we can have a significant impact”.
Read more about Halma’s Key Sustainability Objectives.
1 Global Scope 1 & 2 greenhouse gas emissions.
2 A 42% absolute reduction in global Scope 1 & 2 greenhouse gas emissions by 2030 from the 2020 baseline.
3 UNDSG 3 (Health and Wellbeing), UNSDG 6 (Clean water and sanitation), UNSDG 9 (Industry, Innovation and Infrastructure), UNSDG 11 (Sustainable Cities and Communities).
4 Through credits or other means that permanently remove an equivalent volume of atmospheric CO2.
