GOODWIN PLC.
GDWN.LSE | Manufacture of other general-purpose machinery
Goodwin PLC is a United Kingdom-based engineering company. The Company operates through three segments: Mechanical Engineering, Refractory Engineering, and Precision Engineering. The Mechanical Engineering segment is engaged in the design, manufacture, and supply of dual plate check valves, cryogeni...Show More
Better Health for All
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The company's core business involves manufacturing industrial valves, castings, and components for sectors such as oil and gas, petrochemical, nuclear, aerospace, and defense. While it produces fire protection products like fire-rated mortars, extinguishers, and lithium-ion battery fire blankets that offer safety benefits, these are not considered direct health outcomes or preventative healthcare solutions under the strict definition of this value. Efforts to minimize noise and fugitive emissions from valves are categorized as environmental pollution control, which is explicitly excluded. Consequently, the net health effect of the firm's principal goods and services is neutral. The company operates in industries with potential environmental and indirect health externalities. It demonstrates strong mitigation efforts, including a 71% reduction in Scope 1 and 2 greenhouse gas emissions over the last five years, and an 84% reduction in intensity ratio (from 371 to 60 tonnes per £1 million of revenue).
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The company aims for carbon neutral manufacturing by 2035,
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has installed 6.7 MW of solar panels worldwide with 4.3 MW planned,
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and is planting over 500,000 trees to offset approximately 120,000 tonnes of CO₂.
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It is committed to zero emissions to landfill,
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operates under environmental authorizations,
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and holds ISO 14001:2015 certification.
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Furthermore, it provides meaningful employment and invests in local community projects in Stoke-on-Trent, a deprived area.
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Fair Money & Economic Opportunity
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No evidence available to assess GOODWIN PLC on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess GOODWIN PLC on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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The company reported no incidents of forced or child labor in its Modern Slavery Statements approved in November 2023
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and October 2025.
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It maintains a zero-tolerance policy for slavery, human trafficking, and underage labor.
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The company uses the Global Slavery Index to identify high-risk countries
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and takes steps to assess, prevent, manage, and mitigate risks within its business and supply chains.
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It has implemented a Code of Ethical Purchasing/Supplier Code of Conduct,
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reserves the right to assess supplier compliance,
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and monitors supplier audit results.
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Honest & Fair Business
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Goodwin PLC has a comprehensive whistle-blowing policy with an anonymous system, dedicated telephone line, and multiple reporting channels including the Chairman, Company Secretary, and Chair of the Audit Committee.
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This system is routinely reviewed and independently investigated if required.
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, 1 The Audit Committee has confirmed its appropriateness.
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The company also maintains an anti-corruption policy with a zero-tolerance approach to bribery and corruption, conforming with the UK Bribery Act 2010.
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This policy includes Know Your Customer (KYC) and anti-money laundering measures.
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, 5 During the year, the Group has carried out enhanced sanctions training and updated internal policies to reflect the associated risks.
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Kind to Animals
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No evidence available to assess GOODWIN PLC on Kind to Animals.
No War, No Weapons
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Goodwin PLC's exports to the United States from US Navy defense contracts increased to £35 million in 2025
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, which represents 15.93% of the total revenue of £219.709 million for that year.
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The company is a preferred supplier for UK and US Navy frigate and submarine programs
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and is involved in pre-manufacturing activities for the AUKUS partnership's nuclear-powered submarines.
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Planet-Friendly Business
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Goodwin PLC reported total Scope 1, 2, and 3 emissions of 6,484 tCO2e for the 2022-2023 reporting year, representing an overall reduction of 44% from the 2019-2020 baseline.
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The company aims to be carbon neutral by 2035.
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,
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,
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,
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with projected carbon emissions of 250 tCO2e by 2030.
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16% of its electricity demand is met by on-site solar generation.
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The company has achieved zero emissions to landfill
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and reported no material environmental compliance breaches or failures during the year.
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,
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It provides climate-related financial disclosures consistent with the eleven TCFD recommendations
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and conducts climate scenario analysis for <2°C and >3°C pathways, which influences operational diversification and continuity planning.
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Respect for Cultures & Communities
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No evidence available to assess GOODWIN PLC on Respect for Cultures & Communities.
Safe & Smart Tech
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No specific, quantifiable evidence was found in the provided articles for any of the 'Safe & Smart Tech' KPIs. The articles mention general IT security measures, such as regular off-site backups
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and engaging external companies to test weaknesses
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, and general training, but do not provide data on data breaches, cybersecurity investment as a percentage of revenue, specific privacy or security certifications, employee security training effectiveness, encryption implementation, AI ethics, data minimization, regulatory compliance for privacy, or the scope and frequency of security testing that would allow for scoring against the rubric's quantitative thresholds.
Zero Waste & Sustainable Products
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Goodwin has implemented several waste reduction initiatives.
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These include offering consolidation and secondary refining services for customer materials
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, implementing a secondary refining process for increased recycled material use
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, refining waste metal powders and oxides
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, and making sand plant sand transfer efficiency improvements
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.