Owen Mumford achieves ambitious science-based emissions reduction targets
Owen Mumford, a leading medical device manufacturer and certified B Corporation, has achieved a significant milestone in its sustainability efforts.
The Science Based Targets initiative (SBTi) has approved Owen Mumford’s near-term science-based emissions reduction targets and the company has also committed to set long-term targets aligned with reaching net-zero emissions by 2045 – five years ahead of the UK Government’s own net-zero target.
The SBTi has validated Owen Mumford’s scope 1 and 2 near-term targets for 2030, confirming they are in line with the goals of the 2015 Paris Agreement to limit global warming to 1.5°C above pre-industrial levels. This recognition underscores the company’s transparent and rigorous approach to addressing climate change.
As a producer of mostly single-use medical devices, Owen Mumford has taken a comprehensive view of sustainability across its entire operations and supply chain. This includes implementing a bespoke lifecycle assessment technology platform to measure and improve the environmental impact of its products.
Science Based Targets initiative
Paul Smith, Group Quality & Regulatory Affairs Director and Executive responsible for Sustainability stated: “Receiving this independent verification from the Science Based Targets initiative represents our steadfast dedication to sustainability and our ongoing efforts to minimize our environmental footprint by aligning our actions with the latest climate science.”
Owen Mumford’s approved targets include:
– Reaching net-zero greenhouse gas emissions across its value chain by fiscal year 2045
– Reducing absolute scope 1, 2 and 3 emissions by 42% by fiscal year 2030 from a 2022 base year
The SBTi has also evaluated and approved Owen Mumford’s ambition to set long-term targets for achieving net-zero emissions by 2045 across all emission scopes.
By developing science-based emissions reduction targets, Owen Mumford demonstrates strong leadership in sustainable practices for the medical device industry. Its commitments align with critical global efforts to mitigate climate change impacts through transparent, measurable actions.
The Science Based Targets initiative SBTi is a globally recognised organisation committed to empowering companies and financial institutions in their fight against climate change. The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practice in science-based target setting and independently assesses companies’ targets.
