Press Release : Spirax Sarco

Jun 29, 2021

Today Ecometrica is pleased to announce that it recently engaged with British manufacturer of a broad range of fluid control products for steam systems, Spirax Sarco to provide a climate risk resilience report for some of its global manufacturing sites. The organisation had been looking to better understand its exposure to physical risk related to climate change, help making decisions around improving their climate resilience.

Ecometrica has developed climate change physical risk products that provide insights on future risk from physical impacts of climate change, indicating whether the estimated risk is either:

  1. expected to increase, decrease or remain stable for a company’s assets 
  2. expected to be severe, very high, high, medium or low

Ecometrica’s Climate Resilience solution is generated using the Ecometrica Mapping Platform and Business Intelligence (BI) dashboard tools which its customers use to summarise the Earth Observation (EO) derived indicators. In this instance the results were provided as a one-off report to effectively provide an overview of the climate change risks at selected Spirax Sarco sites across 13 countries.

About Spirax Sarco Limited

Spirax Sarco are the world leaders in steam technology, offering the industry’s most extensive range of products and services across a variety of industries. Spirax Sarco create the solutions that set the benchmark for steam-using organisations worldwide, working alongside them to improve productivity, save energy and reduce waste.

Spirax Sarco is a part of Spirax-Sarco Engineering plc, a thermal energy management and niche pumping specialist. The Group is headquartered in Cheltenham, UK. Its shares have been listed on the London Stock Exchange since 1959 (symbol: SPX) and it is a constituent of the FTSE 100 and the FTSE4Good indices.

About Ecometrica

The Ecometrica Platform is the only software solution which can incorporate organisational sustainability reporting, detailed spatial analysis, and climate science all in one place. Ecometrica leading software platforms are used in conjunction for the most effective TCFD disclosure possible.

  • We turn the vast and growing streams of observation data from space, air and land into actionable insights for business, government and society
  • Unique Mapping Platform that provides a scalable, replicable and secure environment for combining spatial information with earth observation data and contextual data assets
  • Ecometrica’s Mapping Platform is being used to create, analyse and share information between corporations, investors, governments and researchers, and  generates advanced models for future scenarios, including risks to business interests, people, land, wildlife
  • UK Space Agency funded Forests2020 project monitoring 300 million hectares of forest in six tropical countries
  • Multiple international commercial applications cross sector

We are passionate about clear, correct, and meaningful sustainability management that helps businesses meet their goals, reduce costs, and increase performance. We help our clients measure their environmental impacts, from greenhouse gases to natural capital accounting and full supply chain inventory.

Our innovative and intelligent software distils our technical expertise and market experience into simple web-based tools that anyone can understand and use, with full setup, training and guidance provided by our experts.

Mapping Platform

Different industry sectors and geographic settings have varying physical climate risks. Knowing which risks to focus on requires understanding your business, mapping the global footprint of its operations, and assessing against different future climate scenarios. 

Ecometrica’s Mapping Platform and TCFD risk assessor comes pre-loaded with multiple future climate scenarios covering a wide range of temperature outcomes, including Paris aligned scenarios. By mapping your business’ direct operations, and its suppliers, its customers can quickly understand the headline physical climate risks for each location, both direct and indirect.

Physical risk metrics include river flooding, heat extremes, cold extremes, water resource availability, energy demand, coastal flooding and sea level rise, and many more. 

Ecometrica Mapping bridges the gap between data generation and usefulness by allowing geographically diverse teams to organize, analyse and distribute spatial data driven information and results on a single platform.

Related insights

New Reporting Requirements for US Federal Contractors

New Reporting Requirements for US Federal Contractors

The Federal Supplier Climate Risks and Resilience Rule is a requirement for major Federal contractors to set science-based targets and publicly disclose their greenhouse gas emissions and climate-related financial risks.