ENABLING ENVIRONMENTAL & SOCIETAL BENEFITS

VICTREX PLC

PRELIMINARY RESULTS 6 DECEMBER 2022

BRINGING TRANSFORMATIONAL & SUSTAINABLE SOLUTIONS THAT ADDRESS WORLD MATERIAL CHALLENGES EVERY DAY

EXECUTIVE

DIRECTORS

Jakob Sigurdsson

Chief Executive Officer

Ian Melling

Chief Financial Officer

Martin Court

Chief Commercial

Officer

2

FY 2022 KEY MESSAGE:

RECORDREVENUE

& VOLUME

3

FURTHER PROGRESS IN

SUSTAINABILITY & ESG

SUSTAINABLE

RESOURCE

SOCIAL

SOLUTIONS

EFFICIENCY

RESPONSIBILITY

48% Sustainable product revenues

of revenue tracking towards 2025 target (50%)

Productsofferinga quantifiable environmental or societal benefit

(primarily Automotive, Aerospace & Medical - supporting CO2

reduction & patient outcomes. Includes specific applications in Energy & Industrial and Electronics - wind energy or supporting energy efficiency. Excludes Oil & Gas and VAR).

UK 100% renewable electricity at UK sites 100% ((97% globally)

Lifecycle Analysis (LCA) & initial Scope 3 emissions benchmarked:

Victrex PEEK showing favourable CO2 indicators vs industry average*

Diversity, Equity & Inclusion (DE&I): 19% Females in Leadership at 19% (FY 2021: 10%)

+34% Employee volunteering: a record year (FY 2022: 4,784 hours, +34% vs FY 2021)

* Disclosure to come in 2022 Annual Report

4

ENABLING ENVIRONMENTAL & SOCIETAL BENEFITS

OUR PRODUCTS:

ENABLING ENVIRONMENTAL

& SOCIETAL BENEFITS

48%

OF REVENUE FROM SUSTAINABLE PRODUCTS#

AEROSPACE

CO2 savings

  • each year, our sales to
    Aerospace help save three times more CO2 annually than Victrex produces in its own operations*

(annual scope 1 & 2 CO2 emissions)

AUTOMOTIVE

ELECTRONICS

80,000 tonnes

100,000 rpm

… annual CO2 saving in Europe

Supporting energy efficiency,

for selected applications**

durability & reliability at high

rotation speeds in vacuum

cleaners & hairdryers

MEDICAL

25% improved brain function

… using PEEK-OPTIMA™

Natural in CMF skull plates*** vs metal plates

Better union rate

  • using carbon fibre PEEK trauma plate vs. steel plates****

ENERGY & INDUSTRIAL

Up to 80%

  • weight saving vs metal using VICTREX™ PEEK helps reduce stress on mechanical systems in renewable energy applications

*

Based on 10kg of PEEK replacement for metal, IATA carbon reduction & climate change 2018

**

Based on European annual mileage for passenger cars using vacuum pumps

5

***

25% improved brain function vs Titanium plates, based on paper by Zhang Q, Yuan Y, Li X, et al, World Neurosurgeon 2018

****

Data on file refers to Trauma outcomes in high-risk patients.

  • Sustainable products are defined as those which offer a quantifiable environmental or societal benefit. These are primarily in Automotive and Aerospace (supporting CO2 reduction) but also specific applications in Energy & Industrial and Electronics (e.g. wind energy applications, or those which support energy efficiency) and Medical, supporting better patient outcomes. Volumes into Oil & Gas (Energy & Industrial) and Value Added Resellers are currently excluded.

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Victrex plc published this content on 06 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2022 08:51:02 UTC.