Johnson Matthey is a leader in sustainable technologies and many of the group’s products enhance the quality of life for millions through their beneficial impact on the environment, human health and wellbeing.
Sustainability is a key element of our strategy for future growth where the resource efficient, environmentally responsible manufacturing of products that deliver sustainability benefits can leverage commercial advantage for the group.
The group’s Sustainability 2017 Vision, launched in December 2007, sets out our direction and aspirations for building a more sustainable business and includes challenging targets to support business growth. Our aims are to at least double our underlying earnings per share while achieving carbon neutrality, zero waste to landfill and halving the key resources that we consume per unit of output by 2017, the 200th anniversary of Johnson Matthey’s foundation.
Johnson Matthey’s sustainability strategy is underpinned by two business drivers, five key elements and seven sustainability targets.
Two Business Drivers
There are two key business drivers for sustainability. The first focuses on our internal operations and on designing and manufacturing our products more efficiently using fewer resources. This approach helps us to reduce our costs and at the same time reduces our impact on the planet. The second driver concerns our products and services and focuses on developing improved, more efficient products for our customers. By doing this we can enhance our customers’ performance and improve their sustainability footprint which will improve our competitiveness. Together these drivers support the development of products and services which have a beneficial impact on the planet, be it through human health, social or environmental improvements.
Five Key Elements
Growing our business through sustainability is not only about our operations and products. We are also committed to best practice in governance, to creating a positive working environment for employees and to being a responsible partner for our customers, suppliers, communities and other stakeholders. Sustainability is managed across the group according to five elements: financial; governance; social; health and safety; and environment as illustrated below.
The Elements of Sustainability
Seven Sustainability Targets
We have established seven challenging targets and aspirations to support our Sustainability 2017 Vision as illustrated in the figure below and our progress towards them is detailed in this report.
Q2. What contribution are you and your team or colleagues making to sustainability?
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