Better Health for All

Johnson Matthey's core products in Clean Air and Efficient Natural Resources segments, such as emission control technologies, purification technologies, and refinery additives, reduce harmful pollutants like oxides of nitrogen, particulate, mercury, and sulfur oxides.

The company also conducts research into zero-trans fats for food applications. Furthermore, Johnson Matthey retains a 30% equity in a business that develops active pharmaceutical ingredients , including platinum-based anti-cancer agents used for advanced gastrointestinal, lung, and head & neck cancers , which have demonstrated tremendous health impact. The company's operations generate substantial positive health externalities through these emission control and purification technologies , leading to significant measurable improvements in community health by reducing environmental pollution.

Fair Money & Economic Opportunity

Johnson Matthey PLC is a global specialty chemicals company and does not operate as a financial institution. Consequently, it does not offer lending, deposit, or other consumer financial services. There is no evidence of the company serving underserved clients with financial products, having APRs or fee structures, or generating revenue from high-cost financial products. The company does not generate or manage customer financial data in a way that would require open-banking APIs, nor is it regulated as a lender. Its operations do not directly impact customer credit scores or savings outcomes. The company's capital allocation priorities are organic investment and shareholder returns.

, with no evidence of profit reinvestment in community finance. There are no financial literacy programs, debt products for consumers, or financial service access points in underserved areas. The company's focus on simplifying its business model refers to internal operations, not the complexity of consumer financial products.

Fair Pay & Worker Respect

For 2022/23, the CEO to median employee pay ratio was 49:1.

The company has reduced its UK gender pay gap from 9.2% to 5.6% over the past few years. A global analysis by an independent consultancy indicated that nearly 95% of roles are paid fairly.

Fair Trade & Ethical Sourcing

Johnson Matthey has established a comprehensive framework for ethical sourcing, including a Human Rights Policy, Conflict Minerals and Cobalt Policy, and a Supplier Code of Conduct.

The company reviews and approves its Modern Slavery Statement annually, with the 2023/24 statement approved on July 17, 2024. Johnson Matthey evaluates suppliers through EcoVadis, a sustainability rating provider, and initiated a human rights risk assessment for suppliers accounting for 85% of annual procurement spend (excluding PGMs), identifying 5% of 529 rated suppliers as (very) high risk. The company works with suppliers on remediation plans for those with low supply chain coverage for 3TGs and cobalt. Johnson Matthey achieved RSPO certification for palm oil in August 2023, and its subsidiary, Johnson Matthey & Brandenberger AG, is a member of the Responsible Jewellery Council. , UK, US, and Chinese refineries are annually confirmed through third-party audits by RCS Global for LPPM compliance. The company promotes a 'speak up' culture with an independently run helpline, receiving 138 speak-ups in 2023/24, five of which related to Employee Rights. Johnson Matthey requires suppliers of 3TGs to make annual submissions on material sourcing and expects full traceability of waste.

Honest & Fair Business

Johnson Matthey PLC received an ESG Risk Rating of 18.8 from Sustainalytics as of December 19, 2023, categorizing it as a low-risk company

and placing it 25th out of 580 in the Chemicals industry group . The company maintains a global Anti-Bribery and Corruption Policy with a zero-tolerance approach , clear guidelines , and a Gifts, Hospitality, and Charitable Donations Policy , all accessible in multiple languages . This is supported by ongoing training , annual Code of Ethics training for all employees , annual ethical working practice certifications for management , an assurance program to monitor compliance , and an annual Ethical Culture Heat Map . A 'Speak Up' policy is in place , offering a secure, confidential , and anonymous (where permitted) channel via an independent third-party hosted line available 24/7 in local languages , with a zero-tolerance policy for retaliation . However, the effectiveness of the whistleblower program, such as uptake or resolution rates, is not publicly measured.

Kind to Animals

Johnson Matthey has a comprehensive no-testing policy, only commissioning studies in vertebrate animals (and cephalopods) as a last resort when mandated by law and if no alternatives exist.

Such studies require approval from the Chief Sustainability Officer and Group Head of Product Stewardship, and the company does not perform in vivo toxicity testing itself. They embrace the '3Rs' approach (replace, refine, reduce) and apply integrated testing strategies, including in vitro assays, computer modelling, read across, and in vivo test-waiving, continually tracking and implementing new techniques endorsed by regulatory bodies like the OECD. As a specialty chemicals company, it has no animal agriculture operations. The company commits to working within industry consortia and collaborating with industrial partners to minimize regulatory testing requirements for industrial chemicals and advocates for minimizing testing demanded by regulators.

No War, No Weapons

Johnson Matthey has demonstrated a clear commitment to avoiding military involvement, having divested its Medical Device Components business in 2024 for $700 million

and a portion of its Battery Materials business in 2022 for £50 million, explicitly stating these moves allow it to focus on sustainable technologies and avoid military applications. The company's Global Conflict Minerals and Cobalt Policy, approved in March 2024, codifies strong ethical red lines for suppliers, prohibiting business with those involved in torture, forced labor, child labor, gross human rights violations, war crimes, or providing support to non-state armed groups . This policy, along with a Supplier Code of Conduct, ensures responsible sourcing and adherence to OECD Guidelines, exceeding humanitarian procurement benchmarks. The company conducts annual human rights due diligence with suppliers, identifying and assessing risks in Conflict-Affected and High-Risk Areas (CAHRAs), and has a policy to cease working with suppliers if risks cannot be mitigated . Its human rights approach aligns with the UN Guiding Principles on Business and Human Rights, overseen by a Societal Value Committee established in May 2021 .

Planet-Friendly Business

Johnson Matthey's total Scope 1, 2, and reported Scope 3 emissions for 2023/24 were approximately 2.85 million tCO2e.

The company reports full Scope 1-3 emissions, showing declines from the 2019/20 baseline for Scope 1 and 2 (405,770 to 282,403 tCO2e) and Scope 3 purchased goods and services (3,433,660 to 2,531,576 tCO2e). The company's greenhouse gas reduction targets for 2030, including Scope 1, 2, and 3, have been approved by the Science Based Targets initiative (SBTi) and are aligned with a 1.5°C mitigation pathway. In 2023/24, 57% of the company's electricity consumption was from certified renewable sources. The company's water withdrawal efficiency was approximately 118.3 m³ per $1 million revenue (based on 2021-2022 data), with a target to reduce net water consumption by 25% by 2030 from a 2020 baseline, and 17% achieved. In 2023/24, the company achieved a waste diversion rate of 59.52% from landfill. In 2023/24, 69% of Platinum Group Metals (PGMs) in manufactured products were from recycled content, with a target to reach 75% by 2030. The company reported no water-related regulatory violations for the 2021-2022 reporting year. Four site resilience assessments were conducted in the reporting year, covering five of its top ten highest-risk manufacturing locations. The company has set a target to achieve net-zero GHG emissions by 2040, with interim targets to reduce Scope 1 and 2 emissions by 44% and Scope 3 emissions by 42% by 2030. Its disclosures are consistent with TCFD recommendations, and climate risk is integrated into its principal risk management structure. Comprehensive climate scenario analysis, including 1.5°C, 2°C, and 3°C pathways, is updated annually and used as the base case for strategic planning. In 2023/24, 22.90% of the company's net freshwater consumption was sourced from regions experiencing high or extremely high baseline water stress.

Respect for Cultures & Communities

Johnson Matthey provides an independently run speak-up helpline, available 24/7

and in multiple languages, for employees and external stakeholders, effectively covering all operational sites for community concerns. The company actively protects cultural sites by offering 100% recycled Platinum Group Metals (PGMs), which minimizes environmental impacts associated with mining activities that often affect local and indigenous communities. Johnson Matthey also conducts due diligence for conflict minerals, cobalt, and PGMs, aligning with OECD guidance, to prevent human rights abuses and environmental harm in mining areas, thereby supporting the protection of local communities and their cultural heritage. The company assesses key suppliers, accounting for 22% of annual procurement spend (excluding PGMs), using a human rights risk framework. Johnson Matthey is a member of the Responsible Jewellery Council (RJC) and its UK and US refineries are subject to the Responsible Platinum and Palladium Guidance (RPPG), undergoing third-party audits annually. The company recognizes the importance of land rights of communities and threats to indigenous people within its operations and suppliers' operations. Human rights awareness is part of the annual Code of Ethics training offered to all eligible employees. Additionally, the Hispanic/Latino Organisation for Leadership and Advancement (HOLA) employee resource group partnered with Casa Latina in London, a non-profit supporting Latin American and North African immigrants, to develop Spanish-language workshops and donated £5,000.

Safe & Smart Tech

Johnson Matthey experienced a data breach in March 2024

, discovered in February 2024 , affecting over 6,000 U.S.-based employee records . This sensitive information, including names, Social Security numbers, and dates of birth, had been inadvertently stored on a third-party platform since 2020 due to a third-party error . The company responded by securing the data , offering identity protection services , and notifying affected individuals in March 2024 . Johnson Matthey has been investing in its IT infrastructure to enhance cybersecurity , deploying technologies to predict and respond to threats , and implementing a Cyber Security and Infrastructure Improvement Programme to increase resilience . The company also has a Data Protection Policy and was shortlisted for a Best Compliance and Ethics Programme award in 2024 .

Zero Waste & Sustainable Products

Johnson Matthey's Platinum Group Metals (PGMs) are highly recyclable, with recycling rates exceeding 95% in some applications.

The company currently uses almost 60% recycled PGM content in its new products. It has set ambitious targets: to achieve 75% recycled PGM content in its manufactured products by 2030 and to reduce total hazardous waste by 50% by 2030 (from a 2019/20 baseline), with yearly progress reported. Johnson Matthey has implemented several waste reduction initiatives, including developing waste-to-methanol technology , collaborating on lithium-ion battery recycling solutions , refining PGMs from fuel cell components in China , demonstrating HyRefine™ technology for PGM and ionomer recycling , and working with third-party waste providers to divert waste. The company extends product life through CAT-AID™ products. Johnson Matthey is committed to disposing of waste responsibly with specialist treatment companies and has no reported waste disposal violations, with a historical contaminated site having undergone corrective action.