Fair Money & Economic Opportunity

Spirent Communications PLC operates in the technology sector, providing automated test and assurance solutions, and does not offer consumer financial products. Consequently, most KPIs related to consumer lending, debt, pricing, financial literacy, and banking access are not applicable to its core business. While the company engages in charitable giving, totaling approximately $79,000 in 2024, including $10,000 through staff donation match funding scheme, this is not considered "reinvestment in community finance or profit-sharing with underserved communities" as defined by this value, which focuses on financial institutions.

Therefore, this KPI is also not applicable.

Fair Pay & Worker Respect

The company's voluntary employee turnover rate was 6% in 2022.

During the COVID-19 pandemic, the company avoided staff reductions or furloughs. In the first half of 2020, 2.0 million shares were purchased and placed into an Employee Share Ownership Trust (ESOT) at a cost of $4.7 million. Employee benefits include 401(k) matching and the ability to take Paid Time Off (PTO) whenever desired. The company emphasizes continuous training and development for employees and states that employee safety remains the number one priority.

Honest & Fair Business

No specific, quantifiable evidence was found in the provided articles for any of the 'Honest & Fair Business' KPIs for SPT.LSE. pertains to ASMI, not Spirent Communications Plc.

Articles and explicitly state they do not contain information relevant to the specified KPIs. was inaccessible.

No War, No Weapons

Spirent provides testing solutions for government, defense, and national security, including validating 5G technologies and Digital Twin solutions for defense applications.

Its high-speed ethernet testing, network security testing, and radio frequency channel emulation businesses are considered dual-use technologies, with solutions also offered for commercial uses. The company's Supplier Code of Conduct is aligned with the UN Guiding Principles on Business and Human Rights , and its Board-approved Ethics Policy includes respect for human rights.

Planet-Friendly Business

Spirent Communications PLC has set a net-zero carbon target for 2035, supported by published interim goals for 2025.

The company sourced 100% of its electricity from renewable sources in 2024. However, it is still committing to submitting targets to the Science Based Targets Initiative (SBTi), with validation pending. In its supply chain, 37.5% of key suppliers have disclosed their Scope 1 and 2 emissions, and 27.5% of key suppliers have SBTi-approved carbon reduction targets. The company is also enhancing its reporting framework to ensure compliance with Task Force on Climate-related Financial Disclosures (TCFD) requirements. The company achieved CarbonNeutral® Company certification in 2024.

Respect for Cultures & Communities

The company reported no cultural appropriation incidents.

Additionally, no incidents disrupting cultural or heritage sites were reported, which aligns with the company's business model of providing automated test and assurance solutions for networks, cybersecurity, and positioning.

Zero Waste & Sustainable Products

Spirent Communications plc has not set formal waste reduction targets.

The company complies with UK Waste Electrical and Electronic Equipment (WEEE) Regulations and all products have complied with the EU’s Restriction of Hazardous Substances Directive (RoHS) since July 2017. Spirent provides arrangements for collection, treatment, recycling, and recovery of electrical and electronic equipment through a contract with the European Advanced Recycling Network (EARN). The company acknowledges small amounts of hazardous waste from operations, such as batteries and light bulbs. Spirent is embedding circular economy principles in product design , with training for engineers initiated in 2023. Design principles include using connectors, joints, snaps, or screws instead of welding/soldering/glue, and modular design for ease of assembly and disassembly. Sustainability agreements are established with selected key suppliers, who are expected to meet high environmental management standards.