Environment

The Group's Environmental Policy applies to the Company and all its subsidiaries worldwide. The policy includes commitments to the prevention of pollution, compliance with all relevant legal and regulatory requirements and to the continuous improvement of environmental performance.

In support of the above policy, Rotork's Environmental Management System, which is a system of procedures developed to minimise the impact of our operations on the environment, will:

• Allocate formal environmental responsibilities to ensure compliance with legislation;
• Support a culture of consultation with employees, key stakeholders and other interested parties;
• Provide environmental information, guidance and training that meets best practice;
• Monitor, measure, audit and seek continuous improvement in its environmental performance;
• Work with external agencies and bodies to ensure continued adoption of best practice solutions in environmental management;
• Communicate best practice and publish internal and external information detailing its aims and achievements;
• Foster open communication with employees, customers, suppliers and other stakeholders via both electronic publishing and face-to-face discussion.

Environmental performance

Environmental data is collected across the Rotork Group of Companies via a purpose built web based data collection tool. This tool delivered significant improvements in on time reporting, completeness and accuracy of data collected.

Carbon Emissions

The Group's greenhouse gas emissions derive from the use of energy, electricity, gas, LPG, oil, coal and wood. We record our emissions of greenhouse gases in accordance with Greenhouse Gas Protocol (‘GHG Protocol') developed jointly by the World Business Council for Sustainable Development and the World Resource Institute. All scope 1 & 2 emissions are calculated in accordance with GHG Protocol using conversion factors from the US Environmental Protection Agency, the Department for Environment, Food and Rural Affairs, and the International Energy Agency (‘IEA'). All scope 2 emissions have been calculated using the relevant conversion factor for the part of the world the energy was consumed based on the mix of coal, oil, gas, hydroelectric or nuclear energy used.

In 2010 Rotork published its scope 1 & 2 emissions via the Carbon Disclosure Project (‘CDP'). Rotork has made a commitment to the disclosure of its Scope 3 emissions via CDP starting with business travel in 2012. The carbon emissions for our products will follow on a progressive basis from 2013.

In order to achieve this, Rotork has commenced research into raw materials, and base materials including percentage of recycled materials, location of suppliers and transport of raw materials. Research is also being conducted into packaging, transport of components and assemblies, assembly of finished product and business travel and the associated emissions.