Environment Commitment Statement and Supplier Statement

Within Halma, we recognise that our activities have an environmental impact. Our purpose of growing a safer, cleaner, healthier future for everyone, every day is central to who we are as a business and the foundation for our approach to environmental issues. It drives us to maximise our positive impact on the world, and to minimise the negative effects that we may have as a business.

We commit to align with the goals of the Paris Agreement by encouraging all Halma companies to reduce their negative environmental impact by continually improving the efficiency of their production methods and their supply chain.

We are also focused on our positive impact on the environment, and Halma companies are world leaders in a number of technologies which help to minimise environmental damage. We are committed to the development of equipment for measuring and monitoring environmental changes and controlling the impact of industrial activities over the long term.

Constance Baroudel, our Sector Chief Executive, Environmental & Analysis, & Chief Sustainability Officer, has principal responsibility for environmental issues. She is a member of the Executive Board and presents regularly to the Board.

Guiding principles

Halma companies are expected to:

• Meet and where possible, go beyond mandatory environmental legal and regulatory requirements.
• Conduct their operations in a way which minimises the impact on the environment, protects and reduces the use of natural resources through their operations and supply chain, and strive for continual improvement in environmental protection.
• Build responsible, resilient and sustainable value chains through stakeholder engagement and capacity building on environmental issues.
• Ensure any use of lobby organisations is not a means of funding climate-denial or lobbying against climate regulations.
• Halma is committed to transparent disclosure of its performance through measuring, monitoring and reporting its GHG, waste and water emissions, and its progress against targets and ambitions including:
  • Meeting our Science aligned targets to:
    • reduce Scope 1 & 2 emissions 60% by 2035 from a 2025 base year
    • achieve Scope 1 & 2 Net Zero by 2040
    • reduce Scope 3 emissions 66% per £m of economic value added by 2035
    • achieve Scope 3 Net Zero by 2050
  • Achieving 100% renewable electricity by 2030, and maintaining this level going forward.
  • Achieving at least 4% annual energy productivity improvements

Halma is committed to advocating the adoption of best practices throughout the Group, and to lowering the environmental impacts of our products and operations, including through:

• Promoting energy efficiency and awareness throughout the Group
• Championing the UN Sustainable Development Goals that are highly aligned with our purpose and our products (SDG 3 – Good health and wellbeing, SDG 6 – Clean water and sanitation, SDG 9 – Industry, innovation and infrastructure, SDG 11 – Sustainable cities and communities), alongside supporting other SDGs (such as SDG 7 – Affordable and clean energy, SGG 8 – Decent work and economic growth, SDG 12 – Responsible consumption and production and SDG 13 - Climate action) that are relevant to our business
• Seeking to incorporate environmental best practice within an increasing range of group procedures, policies, training and awareness raising
• Championing our operating companies’ efforts to lower their products’ environmental impact, including supporting Life Cycle Assessment (LCA) and Carbon Footprinting to identify material and carbon savings where relevant, exploring utilising recycled and bio-based materials, reducing packaging, contributing towards the circular economy including considering and reducing any end-of-life impacts, and reducing hazardous waste
• Encouraging water conservation and reduction of wastewater emissions throughout the Group
• We encourage operating companies, where appropriate, to attain ISO14001 accreditation.
• Halma is committed to encouraging our companies to build responsible, resilient and sustainable supply chains and our expectation for our suppliers are set out in our Supplier Expectations Statement on the next tab.

Visit our data and disclosures page for more information on our sustainability programme and our Environmental Data Basis of Preparation.