REG - Rotork PLC - Publication of 2021 Sustainability Report

RotorkAnnouncement

20/06/2022 10:30

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RNS Number : 4593P  Rotork PLC  20 June 2022

20 June 2022

Rotork Plc

Annual Sustainability Report published summarising a further year of progress

Rotork Plc ('Rotork'), the global flow control and instrumentation group, has
today published its Sustainability Report for the year ended 31 December 2021.

Kiet Huynh, CEO, Rotork said:

"Sustainability is core to Rotork's purpose and a key part of our growth
agenda. From our first actuators sold in the 1950s to those of the present
day, our focus has always been on driving positive outcomes for our customers
through our products and services - what we describe as our environmental
'handprint' - by improving reliability, ensuring safety, and enabling energy
efficiency and reducing emissions for our customers.

 

As the world strives for sustainability, we are seizing the opportunity to be
part of the solution. We are well positioned to provide products which will
help our customers achieve their emissions and water use targets and our
'eco-transition portfolio' will drive our growth for years to come. Our 2021
Sustainability Report, published today, illustrates the pivotal role we play
in enabling a sustainable future."

Key highlights from the report include:

·    Our 'Eco-transition portfolio' of products and services, with
examples of projects that Rotork is supporting in each of the three
sub-portfolios: 'Methane emissions reduction', 'New energies &
technologies' and 'Water and wastewater'. Case studies cover our role in
global climate agreements, methane emission abatement, lithium production,
low-carbon chemical production, hydrogen market opportunities, energy
efficiency measures, and water management in desalination, water treatment and
purification

·    Further progress in implementing the recommendations of the Task
Force on Climate-related Financial Disclosures (TCFD), including the outputs
of our work to quantify the potential impacts of climate risks and
opportunities

·    Our net-zero roadmap and science-based targets for scopes 1 & 2
and scope 3, and how these are being integrated into corporate strategy, new
product development and our governance processes

·    Expanded disclosures on environmental, social and governance topics
as part of our commitment to transparency and meeting the requirements of our
stakeholders

·    Progress on our diversity and inclusion initiatives during the year,
including refreshed schemes to develop young talent and our new 'women@rotork'
initiative to support female talent

·    Continued good progress in Rotork's own ESG performance, including a
reduction of 7% in carbon emissions and 17% in lost time injury rates, as well
as achieving high rankings in key external ESG ratings

Rotork's 2021 Sustainability Report has been prepared in accordance with the
Global Reporting Initiative (GRI) Standards: Core option. It also provides
disclosures against the SASB (Sustainability Accounting Standards Board)
framework. Alignment to these frameworks has been independently checked by
Corporate Citizenship. The full Sustainability Report is available to view or
download from the Company's website at www.rotork.com/esg

Rotork will publish 2022 half-year results on Tuesday 2 August 2022.

 

Enquiries:

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

 

About Rotork

Rotork is a market-leading global provider of mission-critical flow control
and instrumentation 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 www.rotork.com (http://www.rotork.com) .

 

 

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