ESG
Environment, social & governance
"As a key player in the supply chain of many industries, we play an active role in supporting customers’ own sustainability initiatives, such as through inkjet innovations that reduce waste and energy."
Graham Tweedale, Chief Operating Officer
What sustainability means to Xaar
Every business has an opportunity to make a positive contribution
to the planet and society, and Xaar is no exception. We are
passionate about driving our business in a way that is
underpinned by a strong sense of ethics, corporate responsibility
and a commitment to minimising our environmental impact.
The Roadmap has five key pillars – Environment, People,
Innovation, Community and Governance; its purpose is to drive our
ESG goals beyond the current Scope 3 requirements, enabling our
customers to become more sustainable by using our products.
Our Roadmap will provide an essential backbone for much of
Xaar’s future investment and activity.
Rebaselining our sustainability targets
We have reinforced our commitment to sustainability with a rebaselined ESG Roadmap, which sets ambitious yet achievable targets to drive meaningful environmental, social and governance impact.
Xaar’s first Sustainability Roadmap was launched in 2020 and we have made considerable progress in the five years since. We are on track to hit our target of a 90% reduction in Scope 1 and 2 emissions by 2030. Following a review of the requirements to complete Scope 3, we have extended the total timeline to 2050. The decision to rebaseline signifies Xaar’s learnings during this period, as well as acknowledging recent regulatory and market changes.
“Our research indicates that the majority of governments and companies have publicly set 2050 as their end date, and even those that are promising an earlier timeframe don’t go sooner than 2040,”
Graham Tweedale, Chief Operating Officer
Our revised target aligns with industry best practices and ensures a pragmatic, achievable approach to reducing emissions, by prioritising the areas – such as energy and waste – that will deliver the biggest impact, soonest.
Beth Connolly-Atkins, Strategy and Business Planning Manager
Our fundraising for Break video
How we align our ESG roadmap to sustainable development goals
The Sustainable Development Goals (SDGs) were adopted in 2015 by the 193 United Nations (UN) member states. There are 17 goals which address economic, environmental and social impacts, and are designed to form a blueprint for good growth, nationally and internationally, by 2030. They are underpinned by 169 targets to help define progress.
Xaar supports the SDGs. We take the view that they help us to understand where our work makes a difference and they act as guiding principles for our business and ESG roadmap and product innovation.
We believe we touch almost all of the SDGs through our operations, our research and development and our sustainability vision. However, we think it is best to rationalise our measurable contributions to where they are likely to make the most impact. We have therefore mapped and ranked our focus to the SDGs to where we have the greatest potential to positively contribute.
Our major contributions are to SDGs 9, 12 and 13, however we have significant impacts on SDG's 3, 4 and 8.
Sustainability in action at Xaar...
