JOHNSON MATTHEY PLC 2021 Annual Report and Accounts
A vision for a cleaner, healthier world
Contents
1 Johnson Matthey: the catalyst for a sustainable planet
- Our global footprint
- 2020/21 in numbers
About the business
16 Chair's statement
- Chief Executive's statement
- Our business model
- Our strategy
-
Key performance indicators
Review of the year
- Chief Financial Officer's introduction
- Financial review
- Going concern and treasury policies
-
Sector reviews
42 Clean Air
46 Efficient Natural Resources
50 Health
54 New Markets
- Science and innovation
- Sustainable business
86 Taskforce on Climate-related Financial Disclosures
- Risks and uncertainties
- Viability
Governance
- Letter from the Chair
- Board of Directors
- Group Management Committee
- Our governance structure
- Corporate Governance Report
- Nomination Committee Report
- Audit Committee Report
- Remuneration Report
- Directors' Report
- Responsibilities of Directors
Accounts
174 Consolidated Income Statement
- Consolidated Statement of Total Comprehensive Income
- Consolidated and Parent Company Balance Sheets
- Consolidated Cash Flow Statement
- Consolidated Statement of Changes in Equity
- Parent Company Statement of Changes in Equity
- Notes on the accounts
247 Independent auditors' report
Other information
260 Basis of reporting - non-financial data
- Independent greenhouse gas and health and safety assurance statement
- Additional non-financial performance information
- Sustainability Accounting Standards Board (SASB) index
- GRI Standard Content index
- Shareholder information
- Glossary of key terms
- Company details
Our integrated report for 2021
Our report combines all aspects of the group's performance into one document and reflects how we are addressing areas which we believe have the potential to have a material impact on our business.
Unless otherwise stated, performance data is for the year ended 31st March 2021.
Stay updated
You can find this report and additional information about Johnson Matthey, including the latest news, investor updates and sustainability, on our website:
www.matthey.com
Sustainability reporting
Our report is written to the Global Reporting Initiative (GRI) reporting standard, Core option. We report against GRI in line with the issues that are important and / or material to our business.
This year's report also aligns with
the Sustainability Accounting Standards Board (SASB) chemical sector reporting requirements for the first time, to provide increased transparency for
our stakeholders.
Our Task Force on Climate-related Financial Disclosures (TCFD) report is included within the sustainable business section of the report (pages 60 to 87). We provide a summary report on the progress made during the year against each of the four pillars of TCFD and plan to demonstrate full compliance in our 2022 annual report.
Navigation
Throughout this report you will find a series of easy-to-identify icons to help you find further information.
Read more
Principal risk
Go online
Key performance indicator (KPI)
Cautionary statement
The Strategic Report and certain other sections of this annual report contain forward looking statements that are subject to risk factors associated with, amongst other things, the economic and business circumstances occurring from time to time in the countries and sectors in which the group operates. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a wide range of variables which could cause actual results to differ materially from those currently anticipated.
Strategic Report
Johnson Matthey: the catalyst for a sustainable planet Have you ever wondered how our planet can sustain modern, healthy lifestyles for a growing population? Have you thought about how the way we travel, heat our homes and use natural resources will have to change to meet the ambitious net zero carbon emissions targets that so many governments and companies are making? Or how we might create a fairer society for all in a post-COVID-19world - a world in which businesses use their skills and scale to 'build back better'?
We have. Johnson Matthey's vision is for a world that's cleaner and healthier, today and for future generations. And so we are making it our business to help address the four essential transitions the world needs for a sustainable future: transport, energy, decarbonising chemicals production and a circular economy.
How? By drawing on our deep expertise in the transformative power of metals chemistry.
Expertise that we've developed and used for more than 200 years to address some of society's biggest challenges. And it's more important now than ever, as we help our customers and our own business adapt processes and products to reach the sustainability goals that our planet and society are depending on.
Johnson Matthey / Annual Report and Accounts 2021 | 1 |
Strategic Report
The Strategic Report from page 1 to page 97 was approved by the board on 27th May 2021 and is signed on its behalf by:
Robert MacLeod
Chief Executive
2 | Johnson Matthey / Annual Report and Accounts 2021 |
1 Johnson Matthey: the catalyst for a sustainable planet
- Our global footprint
- 2020/21 in numbers
About the business
16 Chair's statement
- Chief Executive's statement
- Our business model
- Our strategy
- Key performance indicators
Case
study
Cleaning the air we breathe
According to the World Health Organisation, 4.2 million people die every year as a result of exposure to outdoor air pollution, while 91% of the world's population lives in places where air quality exceeds safe limits.
We've been at the forefront of the fight against air pollution for decades, producing our first commercial autocatalyst in the 1970s. Controls on how much a new car can emit have been tightening ever since. And they continue to get tighter. Both in the EU and here in China, for example, are anticipating new emissions standard soon, bringing in the strictest regulations for vehicle emissions yet.
Our R&D teams are already developing the next
generation of catalysts that will help our customers meet these regulations.
It's exciting work. And it's important since the internal combustion engine isn't going to disappear overnight. This is particularly true for large, heavy duty vehicles like trucks, which are harder to decarbonise. And with the number of people living in cities expected to keep rising, catalysts to control the emissions from our vehicles are more vital than ever.
It's great to know that one in every three new cars on the road is fitted with a JM catalyst, working constantly to clean the air we breathe.
Review of the year
- Chief Financial Officer's introduction
- Financial review
- Going concern and treasury policies
-
Sector reviews
42 Clean Air
46 Efficient Natural Resources
50 Health
54 New Markets
- Science and innovation
- Sustainable business
86 Taskforce on Climate-related Financial Disclosures
- Risks and uncertainties
- Viability
Contents
Zhou Shang | 3 |
Scientist |
Attachments
- Original document
- Permalink
Disclaimer
Johnson Matthey plc published this content on 08 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 08:15:03 UTC.
