Sustainability

We place great importance not just on what we do, but how we do it.

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Our commitment to ‘fair play’

At Precision Micro, we are dedicated to delivering exceptional etched products while upholding our commitment to environmental, social and governance (ESG) principles. We understand that responsible business practices are essential for sustainable growth and the wellbeing of our stakeholders.

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ESG Highlights

100

Renewable electricity usage

35

Water recycled

98

Waste materials recycled

44

Female workforce

24

More training hours than in 2021

100

UK living wage employer

Environmental

We strive to reduce energy consumption, optimise resource efficiency and minimise waste generation throughout our operations. By adopting more environmentally friendly manufacturing processes and investing in advanced technologies, we aim to mitigate the impact on the environment and contribute to a greener future.

Etch machine dials

2022 environmental highlights

  • We recycled more than 35% of the water used in our photochemical etching process
  • Sourced 100% of electricity usage from renewables
  • Achieved a decrease of 62 tonnes in total waste
  • Increased our waste recycling rate to 98%, up from 68% in 2016
annual waste statistics
recycling chart

Social responsibility

We value and respect our employees, fostering a safe and inclusive work environment that promotes diversity, equal opportunities and employee wellbeing. We invest in our workforce by providing training and development opportunities, encouraging professional growth and job satisfaction.

Precision Micro gender ratio

2022 social responsibility highlights

  • Our gender ratio improved to 56:44 male to female, surpassing the national average for gender balance in STEM companies (76:24)
  • We introduced a formal skills assessment for all process operators, enabling training objective agreements, supported by approximately 8,000 training hours (averaging more than 50 hours per employee)
  • We recruited three additional graduates and four school leaver apprentices to the training program

Governance & ethics

Precision Micro operates with the highest standards of governance and ethics. We adhere to strict compliance regulations and ethical practices in all aspects of our business operations. Transparency and accountability are fundamental to our governance structure, ensuring responsible decision-making, risk management and stakeholder engagement. We maintain open lines of communication with our shareholders, customers and partners to foster trust and maintain long-term relationships based on integrity and fairness.

Sustainability goals icons

2022 governance & ethics highlights

  • As an integral part of our ESG ambitions, we have chosen to align ourselves with the UN SDG framework
  • We only work with suppliers who have pre-registered their chemicals under the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH)
  • In 2022, 100% of our tier 1 suppliers provided statements on conflict mineral compliance and counterfeit and fraudulent materials

ESG Impact Report

Learn more about our approach to sustainability.

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