Spirax Sarco Engineering

Spirax‐Sarco Engineering plc is a thermal energy management and niche pumping specialist which comprises three world‐leading businesses, including Steam Specialties, for the control and management of steam; Electric Thermal Solutions, for advanced electrical process heating and temperature management solutions; and Watson‐Marlow, for peristaltic pumping and associated fluid path technologies. Together, the Group has over 10,000 colleagues worldwide supporting direct operations in 67 countries, serving 151 countries worldwide. Spirax-Sarco Engineering is a constituent of the FTSE 100 and the FTSE4Good indices.

The company’s purpose is to create sustainable value for all of its stakeholders as it engineers a more efficient, safer and sustainable world. The Group’s technologies play an essential role in critical industrial processes within industries such as Food & Beverage, Pharmaceutical & Biotechnology, Power Generation and Healthcare, resulting in many of its products and engineered solutions sitting behind items used in everyday life, from baked beans to mobile phones.

Protecting and restoring biodiversity is one of the six strategic initiatives which the Group is delivering.

The Company identified that the most significant impact its direct operations have on nature is the land it occupies.  It calculated the total area of its global operational footprint to be (517 acres). The Group agreed to take a nature positive approach and offset the equivalent area of its operational footprint each year for five years (a total of 2,585 acres).

To achieve this, Spirax-Sarco Engineering partnered with World Land Trust (WLT), to support the establishment of a new nature reserve on the Somuncurá Plateau in Argentinian Patagonia.