This transaction is a testament to their skills and commitment and creates the launchpad for the next exciting horizon of growth for the company.' Element’s 10.5 corporate ESG rating reflects its industry-leading ESG systems, management, and commitments, which include setting science-based climate targets and achieving net zero emissions across its entire business by 2035.Īllan Leighton, Non-Executive Chairman of Element, said: 'Element has a highly talented management team and exceptional people across our offices and laboratories around the world. Headquartered in London, UK, Element’s team of over 7,000 scientists, engineers, and technologists support customers from early R&D, through complex regulatory approvals and into production, ensuring their products are safe and sustainable.Įlement recently achieved the best ESG rating of any major TIC company globally, placing in the top 1.5% of all companies rated for ESG by Sustainalytics. Element works with customers across a wide spectrum - from testing the next generation of aircraft and autonomous vehicles, to vaccine component testing in its US pharmaceutical laboratories from the certification of smartphones and wearable technologies, to providing cellular carrier approvals and testing connected robots. The Group also benefits from strong global ESG tailwinds - with over 60% of its work already directly supporting customers on their sustainability journeys, it will continue to strengthen its position across the global TIC industry.Įlement can trace its origins back 190 years, and now operates a global network of more than 200 laboratories across 30 countries, servicing thousands of customers in life sciences, connected technologies, aerospace, transportation, energy transition, built environment, and beyond. Operating in technically demanding and highly regulated sectors, Element is well positioned to further accelerate its growth as it builds stronger positions in end-markets, such as life sciences and connected technologies. The transaction value has not been disclosed and the transaction remains subject to customary regulatory approvals. The Group generates annual revenues of c.$1 billion and has grown at over 20% a year over the last ten years. Temasek, a global investor headquartered in Singapore, has been a minority shareholder in Element since 2019.

Element Materials Technology Group (Element or the Group), a global leader in testing, inspection, and certification (TIC) services, has been acquired by Temasek from Bridgepoint.

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