An active contributor to a better environment
Spectris comprises a number of subsidiary companies which operate around the world. The companies’ products are used to monitor and control processes in many industries, helping customers to improve efficiency and minimise their impact on the environment by reducing raw material consumption, waste or energy use. In turn, Spectris companies themselves actively seek to minimise their impact on the environment by designing products which are more energy-efficient and avoid the use of harmful substances.
Policy setting and monitoring
Overall responsibility for developing corporate policies on environmental, social, ethical, and health and safety matters, and for reviewing their effectiveness, lies with the Spectris Board. The individual operating units are then responsible for ensuring that these policies are communicated and applied within their particular business, taking account of local legislation and regulation. All policies and procedures are reviewed periodically and any updates are communicated to the operating companies.
Spectris policies and procedures are communicated to all business units via the Spectris Group Manual. Conformity is monitored by a process of self-assessment, with the Managing Directors and Finance Directors of each operating company required to certify, on an annual basis, compliance with these policies and procedures and report on any non-compliance events. This forms an integral part of the company’s risk management and corporate governance processes, and is regularly reviewed by the group’s internal audit function and the company’s external auditors.
FTSE4Good
Spectris has been a member of the FTSE4Good UK index since its establishment in July 2001. The FTSE4Good UK index measures and benchmarks the performance of companies that meet globally recognised corporate responsibility standards, with particular emphasis on the environment and human rights.
The key areas of corporate social responsibility at Spectris comprise environment, health and safety, and human rights, employment and ethics.
Environment
Many Spectris products have a positive environmental impact by providing customers with the ability to reduce energy consumption or wastage or to control emissions. Our products can also help customers meet environmental legislation. Some examples of how Spectris’ products have a direct beneficial contribution to the environment are shown in the environmental statement below.
Click here to view the company’s environmental policy and statement (1.0Mb)
Spectris aims to reduce the impact its products have on the environment by designing products which are energy-efficient and avoid the use of harmful substances. The design processes take into account the operational lifetime of every product and end-of-life removal or disposal. Consideration is given to the recyclability of materials, energy consumption, environment-friendly production, packaging and shipping.
Health and safety
Spectris recognises its health and safety duties and responsibilities and requires that all companies comply with the relevant health and safety legislation.
Click here to view the company’s health and safety policy and statement (700kb)
Employment
Spectris’ employees are key to the success of the company. We employ a large number of highly-qualified people who work in a creative environment with scope for individual responsibility and achievement. Compensation and benefits, which are in line with other leading companies in the sector, are designed to reward the achievement of objectives. Annual reviews provide feedback on employees’ performance, set objectives and identify training and development opportunities to enable them to meet their full potential.
Click here to view the company’s employment policy (1.1Mb)
Human rights
Spectris believes in the fundamental rights of people in all parts of the world and is committed to adopting internationally recognised human rights standards wherever it operates. The company’s human rights policy is consistent with the Principles of Human Rights, as set out in the International Labour Organization’s Core Conventions, and includes policies on non-discrimination, harassment, pay and forced labour.
Click here to view the company’s human rights policy (680kb)
Ethics
All employees are expected to behave with honesty and integrity and demonstrate appropriate business behaviour. The ethical standards we expect each employee to meet are set out in our Ethics policy which is communicated to all employees.