MASHINIi

RENISHAW PLC.

RSW.LSE | Manufacture of measuring, testing, navigating and control equipment

Renishaw PLC is a British engineering company that designs, develops, manufactures, and sells a range of metrology and healthcare products. Its core business lies in providing measurement, motion control, healthcare, spectroscopy, and manufacturing systems. The company's products are used in a wide ...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons-40
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities30
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

No evidence available to assess RENISHAW PLC on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess RENISHAW PLC on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-10

The median gender pay gap was 20.2% as of April 2024, meaning women's median pay was 79.8% of men's median pay.

1
The accident frequency rate was 22.15 per million hours worked in FY2025, which converts to 4.43 recordable occupational injuries per 200,000 hours.
2
This rate is significantly lower than the UK manufacturing sector average of 218.11 per million hours.
3
Voluntary employee turnover was 8.0% in FY2025, and the employee engagement score was 74% in FY2025.
4
There were no substantiated labor-law or human-rights violations reported in the past three years, although a workplace safety violation with a penalty occurred in 2012.
5
The company increased salaries by an average of 4.2% globally from January 2025.
6
A confidential "Speak Up" whistleblowing service is available to all staff, including contract and temporary employees, and external stakeholders.
7
A new Code of Conduct was launched in November 2023, and a Dignity and Respect in the Workplace Policy was introduced.
8

Fair Trade & Ethical Sourcing

0

The company has a zero-tolerance approach to modern slavery and an absolute opposition to child labour

1
, with no specific incidents reported.
2
It has invested in a new supplier relationship management platform to monitor performance and identify high-risk suppliers against key criteria
3
, and maps suppliers against human rights and conflict minerals risk.
4
A new Code of Conduct, ‘Doing Business Responsibly’, was launched globally in November 2023
5
, translated into 14 languages
6
, and applies to employees and business partners.
7
The company maintains a Speak Up whistleblowing hotline for employees and third parties.
8
It has a global policy to avoid the use of conflict minerals
9
and is working with its largest metals supplier to transition to 100% recycled content for the majority of the aluminium it buys.
10
A strategic objective is set to implement a human rights assessment process across its business operations and all potential higher risk Tier 1 suppliers globally by 2028.
11

Honest & Fair Business

0

No evidence available to assess RENISHAW PLC on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess RENISHAW PLC on Kind to Animals.

No War, No Weapons

-40

Renishaw has a policy prohibiting sales to numerous embargoed regimes, including Russia and Belarus, and ceased direct supply and operations in Russia in February 2022.

1
Despite these actions, approximately €3.5 million worth of Renishaw equipment was imported into Russia in 2023.
2
Several entities involved in these imports were subsequently sanctioned by the U.S.
3
The company states it tries to control attempts to purchase its products by alternative means.
4

Planet-Friendly Business

-30

Renishaw's total Scope 1, 2, and 3 emissions for FY2025 were 172,468 tCO2e

1
, with Scope 1 and 2 emissions decreasing by 13% from FY2024.
2
The company has Science Based Targets initiative (SBTi) approved targets
3
, aiming for Net Zero across the value chain by FY2050 (from a FY2020 baseline)
4
, a 90% absolute reduction in Scope 1 and 2 GHG emissions by FY2028
5
, and a 50% absolute reduction in Scope 3 emissions by FY2030.
6
Currently, 80% of total electricity use comes from renewable sources
7
, including 11% self-generated
8
and 100% renewable electricity for UK, India, Japan, Mexico, and USA sites.
9
95% of all waste is diverted from landfill globally.
10
The company has aligned its disclosures with UK Listing Rule 9.8.6R(8) and IFRS S2 Climate-related Disclosures.
11
It completed climate scenario analysis for all product divisions using the IEA 1.5°C warming pathway
12
and assessed physical climate risks at sites and for 130 suppliers across 1.5°C, 2°C-3°C, and 4°C pathways.
13
Renishaw identified 37% of its manufacturing and major inventory holding sites' asset value at high risk of flooding
14
and 8% at high exposure to other physical climate risks
15
, investing in flood defenses at high-risk UK sites.
16
Efforts are underway to improve supply chain climate transparency
17
, working with its largest metals supplier and five others to quantify emissions
18
and transitioning to primary supplier data for a proportion of purchased goods.
19
The company also increased green space by 3,200 m2 at its new USA building.
20

Respect for Cultures & Communities

30

Renishaw demonstrates world-class language inclusivity, with its Code of Conduct translated into 14 languages, global employee engagement surveys conducted in 23 languages, and webinars available in up to 13 languages.

1
,
2
The company has robust grievance mechanisms, providing a global "Speak Up" online portal and hotline accessible to external stakeholders.
3
Renishaw also has world-class preventative systems for cultural incident response, including a new culture network, an annual cultural calendar, and a Dignity and Respect in the Workplace Policy, with no cultural incidents reported.
4
The company's business model does not typically involve activities that impact cultural contexts, and no cultural appropriation incidents have been reported. Renishaw maintains at least three formal partnerships with local community groups, including ITSA Digital Trust, Gloucestershire Careers Hub, and Greenpower Education Trust.
5
,
6
,
7

Safe & Smart Tech

10

Renishaw Group holds ISO/IEC 27001:2022 certification for its global IT & Security activities, demonstrating a strong compliance program with advanced standards.

1
Users are provided with comprehensive data protection rights under GDPR and CCPA, including access, correction, update, deletion, objection to processing, restriction, and portability.
2
The company states its commitment to high standards of compliance with GDPR, CCPA, VPPA, and other data protection laws, and maintains a global privacy program.
3
No incidents of unauthorized data use are documented, with the company stating personal information is used only for stated purposes.
4

Zero Waste & Sustainable Products

-30

Renishaw has implemented several waste reduction initiatives, including a new manufacturing method for encoder bodies that reduced metal wastage by 33% to 56%.

1
The company uses automated measurement tools to improve manufacturing efficiency and reduce waste material, analyzes waste streams to increase recycling, and reduces waste at source.
2
They also distribute technical and commercial documentation electronically.
3
In terms of materials, Renishaw changed its raw aluminium supply to include a minimum of 75% recycled content.
4
The company integrates circular design principles by using additive manufacturing to reduce waste and emissions, and has implemented custom design changes for some tool setting products to increase repeatability and reduce compressed air consumption.
5
For hazardous waste, all new position encoder products are RoHS compliant, and the company works to meet REACH requirements, with no substances of very high concern identified.
6
Waste audits are conducted annually for high-risk areas and every two years for low-risk areas.
7

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.