Company Announcements

Near-term emissions targets approved by SBTi

Source: RNS
RNS Number : 9496D
Rotork PLC
25 October 2022


Rotork Plc


Near-term emissions targets approved by SBTi


25 October 2022


Rotork is pleased to announce that the Science Based Targets initiative1 ("SBTi") has validated that the corporate greenhouse gas emissions reduction targets submitted the group have been deemed to be in conformance with the SBTi Criteria and Recommendations (version 5).


Rotork commits:


·    to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2020 base year.

·    to reduce absolute scope 3 GHG emissions from use of sold products 25% by 2030 from a 2020 base year.

·    that 25% of its suppliers by emissions covering purchased goods and services will have science-based targets by 2027.


Rotork is committed to enabling a sustainable future and in early 2022 we pledged to significant greenhouse gas emissions cuts, in-line with those required to meet the Paris Climate Agreement goals. In addition to our approved near-term emissions reduction targets, we are also targeting net-zero by 2035 for scopes 1 & 2 and 2045 for scope 3.


Commenting on the validation, Kiet Huynh, CEO said:


"We are extremely pleased that the SBTi has approved our near-term greenhouse gas emissions reduction targets. Rotork is one of the first UK-based companies in the electrical equipment and machinery sector to receive this approval for near-term 1.5oC aligned targets. For everyone at Rotork, environmental responsibility is an important commitment, and this approval validates our approach. As we strive to eliminate our emissions, we also have a broader role to play in enabling the transition to a sustainable, low carbon, future. Our products and services are used in many of the flow-intensive new energy technologies that will help deliver a decarbonised economy and enable our customers to reduce their emissions and achieve their environmental goals."





Rotork plc

Tel:  +44 (0)1225 733 200

Andrew Carter, Investor Relations Director

FTI Consulting

Tel:  + 44 (0)20 3727 1340

Nick Hasell / Susanne Yule


1 Originating from a collaboration between CDP, the UN Global Compact, the World Resource Institute (WRI), and the World Wildlife Fund (WWF), and one of the commitments of the We Mean Business coalition, the Science Based Targets initiative defines and promotes best practices in science-based target setting and independently evaluates and approves corporate targets to accelerate the transition to a low-carbon economy. For more information please visit



About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical, process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index. For more information please visit


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.