Spectris : Deloitte Independent Assurance 2024
SXS.L
Independent limited Assurance Report to the Directors of Spectris PLC
Independent limited Assurance Report by Deloitte LLP to the Directors of Spectris PLC on Environmental, Social and Governance ("ESG") (the "Selected Information") within the Annual Report for the reporting year ended 31 December 2024.
Our assurance conclusion
Based on our procedures described in this report, and evidence we have obtained, nothing has come to our attention that causes us to believe that the Selected Information for the year ended 31 December 2024 within the Annual Report has not been prepared, in all material respects, in accordance with the Applicable Criteria set out within the basis of reporting, defined by the directors as set out in www.spectris.com/environment.
Scope of our work
Spectris PLC has engaged us to perform an independent limited assurance engagement in accordance with International Standard on Assurance Engagements 3000 (Revised) Assurance Engagements Other than Audits or Reviews of Historical Financial Information ("ISAE 3000 (Revised) and Assurance Engagements on Greenhouse Gas Statements ("ISAE 3410")), issued by the International Auditing and Assurance Standards Board ("IAASB") and our agreed terms of engagement.
The Selected Information in scope of our engagement for the year ended 31 December 2024 is set out below and indicated with a * in the Annual Report:
Selected Information
Reported value
Unit
Scope 1 emissions
4,326.6
Tonnes CO2e
Scope 2 emissions - Market based
6,568.0
Tonnes CO2e
Scope 2 emissions - Location based
16,497.7
Tonnes CO2e
Scope 3 emissions - Category 3
1,804.4
Tonnes CO2e
Scope 3 emissions - Category 4
33,724.3
Tonnes CO2e
Scope 3 emissions - Category 6
8,122.9
Tonnes CO2e
Energy consumption - Global and UK
74,047.5
MWh
The Selected Information, as listed in the above table, needs to be read and understood together with the Applicable Criteria set out in the Basis of Reporting prepared and published by Spectris PLC at www.spectris.com/environment.
Inherent limitations of the Selected Information
We obtained limited assurance over the preparation of the Selected Information in accordance with the Applicable Criteria. Inherent limitations exist in all assurance engagements.
Any internal control structure, no matter how effective, cannot eliminate the possibility that fraud, errors or irregularities may occur and remain undetected and because we use selective testing in our engagement, we cannot guarantee that errors or irregularities, if present, will be detected.
The self-defined Applicable Criteria, the nature of the Selected Information, and absence of consistent external standards allow for different, but acceptable, measurement methodologies to be adopted which may result in variances between entities. The adopted measurement methodologies may also impact comparability of the Selected Information reported by different organisations and from year to year within an organisation as methodologies develop.
Directors' responsibilities
The Directors are responsible for preparing an Annual Report which complies with the requirements of the Companies Act 2006 and for being satisfied that the Annual Report, taken as a whole, is fair, balanced and understandable.
The Directors are also responsible for:
Our responsibilities
We are responsible for:
Our independence and competence
In conducting our engagement, we complied with the independence requirements of the FRC's Ethical Standard and the ICAEW Code of Ethics. The ICAEW Code is founded on fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour.
We applied the International Standard on Quality Management ("UK") 1 ("ISQM UK 1") issued by the International Auditing and Assurance Standards Board. Accordingly, we maintained a comprehensive system of quality management including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements.
Key procedures performed
We are required to plan and perform our work to address the areas where we have identified that a material misstatement in respect of the Selected Information is likely to arise. The procedures we performed were based on our professional judgment. In carrying out our limited assurance engagement in respect of the Selected Information, we:
The procedures performed in a limited assurance engagement vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed.
Use of our report
This report is made solely to the Directors of Spectris PLC in accordance with ISAE 3000 (Revised) and ISAE 3410, issued by the International Auditing and Assurance Standards Board ("IAASB") and our agreed terms of engagement. Our work has been undertaken so that we might state to the Directors of Spectris PLC those matters we have agreed to state to them in this report and for no other purpose.
Without assuming or accepting any responsibility or liability in respect of this report to any party other than Spectris PLC and the Directors of Spectris PLC, we acknowledge that the Directors of Spectris PLC may choose to make this report publicly available for others wishing to have access to it, which does not and will not affect or extend for any purpose or on any basis our responsibilities. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Spectris PLC and the Directors Spectris PLC as a body, for our work, for this report, or for the conclusions we have formed.
Deloitte LLP
London, UK
27 February 2025
Disclaimer
Spectris plc published this content on March 21, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 21, 2025 at 15:15:10.396.