Johnson Matthey has joined the UN Global Compact, a voluntary initiative based on company commitments to implement universal sustainability principles and to advance UN goals such as the Sustainable Development Goals (SDGs). Joining more than 15,000 companies, the move further strengthens JM’s commitment to the sustainability agenda, and means the company will now report annually on progress against the criteria of the Global Compact, beginning by December 2022.
The UN Global Compact is the world’s largest sustainability initiative, and calls on companies to align their strategies and operations with universal principles centred around four core themes: human rights, labour, the environment and anti-corruption, and to take actions that advance societal goals and the SDGs.
The move is the latest development as JM embeds the sustainability goals and targets announced last year, including a commitment to reach net zero in our operations by 2040 and have 95% of company sales and R&D spend contributing to our four priority SDGs by 2030. It follows further validation this year from the Science Based Targets Initiative (SBTi) of JM’s science-based greenhouse gas reduction targets, and an upgrade to a Platinum Rating from business sustainability rating company EcoVadis.