Our mission is to run safe, efficient and sustainable operations.
The starting point of our sustainability strategy is to ensure that we run our own operations as safely and efficiently as possible. We seek to work with responsible suppliers that mirror our approach to sustainability, both with their businesses and across their supply chains, respecting the social, environmental and ethical standards we prescribe.
The safety and health of our employees is our top priority. We have launched a new initiative this year centred around building a ‘safety first’ culture, with supporting training for all employees.
We also work hard to continuously reduce our environmental impact and make efficient use of environmental resources across our operations. This is not only an environmental imperative, it is a commercial one too.
We are working to support UN Sustainable Development Goals 12: Responsible consumption and production and 13: Climate action as part of this pillar of our new sustainability framework. We have set the following strategic commitments to help drive progress:
- We will aim to reduce our lost time injury rate each year and strive for a zero harm workplace
- We will embed social, ethical and environmental considerations into our Global Supplier Excellence Programme
- We will aim to reduce carbon emissions generated per £1m revenue and work to develop a net-zero emissions roadmap
We reduced our lost time injury rate by 12% in 2020 and have launched our new Rotork Life Saving Rules, to help keep our people safe. We reduced scope 1 and 2 carbon emissions by 18% per £m revenue in 2020, compared with the prior year. Total emissions – including scopes 1, 2 and 3 – reduced by over 22% compared with our baseline year, 2017. We also reduced water usage by 15% during the year.
In 2020, 7 out of 10 new products launched deliver improvements in energy efficiency, emissions reduction and enable use of renewable energy. We have also significantly reduced the weight of several products in our portfolio, to reduce environmental impacts of materials and transportation. For example, developing the latest version of our CK range of modular electric valve actuators we achieved a 30% weight reduction.
Read more in our Sustainability Report.