Our company purpose is to catalyse the net zero transition because we believe this represents the biggest benefit we can bring to society
2030 target
50 million tonnes
of GHG emissions avoided per year by our customers using our products
2030 target
44% reduction
in Scope 1 and 2 GHG emissions1
2030 target
42% reduction
in Scope 3 GHG emissions1
1. Against 2019/20 baseline. For futher information please refer to our 2024 Annual Report.
Driving lower global greenhouse gas emissions
For over 200 years, our expertise in metal chemistry has helped to solve some of the world's most complex challenges, and now our technologies are accelerating the transition to net zero.
To drive our positive contribution to climate protection, we set ourselves the target that JM technologies will contribute towards avoiding 50 million tonnes of greenhouse gas (GHG) emissions entering the atmosphere per year by 2030, compared to conventional technologies in 2020. This is equivalent to avoiding the emissions from half of UK transport.
Achieving net zero by 2040
Our products have huge potential to help our customers achieve their net zero ambitions. At the same time, we also have a responsibility to address our own greenhouse gas (GHG) footprint. That’s why we have set a commitment to reach net zero by 2040 and in April 2021 we signed up to the UN Global Compact’s Business Ambition for 1.5°C.
Our long-term target of net zero by 2040 has been approved by the Science Based Targets initiative (SBTi) under their net zero standard. Having confirmed our precise roadmaps to 2030, we are working to identify and develop the full range of solutions we will implement to achieve net zero by 2040, indicated on our refreshed net zero roadmap below.
Note: net zero is the reduction of absolute GHG emissions by 90% or more, with any remaining emissions neutralised through carbon offsets.
Scope 1 and 2 GHG reduction (9% of footprint)
Initial focus on energy efficiency, purchase of renewable electricity, further electrification of our operations and use of low carbon fuels. For the longer term, we have started to scope harder-to-abate emissions.
Scope 3 GHG reduction (91% of footprint)
Our near-term target is focussed on a reduction in category 1 purchased goods and services – our most material category – through local and secondary sourcing, optimisation of supply chain packaging and transport, and operational efficiency. But we seek way to reduce all Scope 3 categories.
Sustainable business growth
JM’s capital investments are designed with net zero front of mind, based on agreed engineering sustainability principles including carbon pricing. A key part of our decarbonisation plan is to leverage the natural asset lifecycle. Asset replacemtn projects are an opportunity to decarbonise our asset base, for example replacing older gas-fired equipment with electric.
Our R&D organisation is applying its expertise to our manufacturing processes, looking for opportunities to eliminate GHGs at the source.
Carbon offsets (<10%)
We aim to significantly reduce our carbon footprint, and work with our suppliers to reduce theirs, without relying heavily on offsetting to reach our net zero targets. We continue to monitor the voluntary carbon market for opportunities to invest in high integrity projects in the future.
