traded as lse jmat industry chemicals precious metals founded 1817 ; 199 years ago 1817 london united kingdom headquarters london united kingdom key people tim stevenson chairman robert macleod chief executive products emission control catalysts industrial catalysts absorbents precious metal products process technologies fine chemicals active pharmaceutical ingredients chemical products medical device components colours coatings fuel cell technology battery technology revenue 10 713.9 million 2016 1 operating income 418.9 million 2016 1 net income 325.7 million 2016 1 number of employees 13 000 2016 2 website www.matthey.com johnson matthey lse jmat is a british multinational speciality chemicals and sustainable technologies company headquartered in the united kingdom . it is listed on the london stock exchange and has been a constituent of the ftse 100 index since 2002 . contents 1 history 2 operations 3 sustainability 3.1 sustainability 2017 programme 3.1.1 sustainability targets 3.2 environmental performance 4 references 5 external links history edit johnson matthey traces its origins to 1817 when percival norton johnson set up business as a gold assayer in london . 3 in 1851 george matthey joined the business and its name was changed to johnson & matthey . 3 the following year the firm was appointed official assayer & refiner to the bank of england . 3 the company had branches in the cities of birmingham and sheffield to supply the jewellery and silverware and cutlery trade with raw materials ancillary supplies such as silver solder and flux which it manufactured . 4 beginning in 1957 the company published a journal platinum metals review . 5 in the 1960s johnson matthey formed a subsidiary johnson matthey bankers jmb which took its seat in the london gold fixing . in the early 1980s the bank expanded its activities outside the bullion business and started making high risk loans . bank assets more than doubled between 1980 and 1984 and loans became concentrated to a few borrowers including mahmoud sipra and his el saeed group rajendra sethia and esal commodities and abdul shamji . 6 the quality of some of these loans turned out to be worse than expected such as the 21 million lent to abdul shamji of gomba holdings 7 the then owner of puddle dock and the mermaid theatre in london . the size of the loans grew to exceed the level of the bank s capital . shamji was sentenced to 15 months in prison for lying about his assets during a high court inquiry into the bank s collapse . 8 because jmb was one of five members of the london gold fixing bank of england officials were worried that if it became insolvent confidence in the other bullion banks would be undermined and panic could spread to the rest of the british banking system . to prevent a wider banking crisis the bank of england organized a rescue package on the evening of 30 september 1984 purchasing jmb for 1 . 9 most of jmb s business was subsequently sold to mase westpac . 10 in 1989 worldwide annual turnover of johnson matthey was 1.43 billion with industrial plants in evere belgium wayne pennsylvania and kogarah australia . 11 in 2008 johnson matthey acquired argillon a business specialising in catalysts for 214 million . 12 in october 2010 johnson matthey acquired intercat a supplier of fluid catalytic cracking additives for the petroleum refining industry for 56.2 million . 13 also in 2010 johnson matthey opened a new 34 million european emission control catalyst plant in skopje macedonia which leveraged its manufacturing technology to produce catalysts for both light and heavy duty vehicles . 14 operations edit johnson matthey is organised into five divisions 15 emission control technologies manufactures catalysts for light and heavy duty vehicles and stationary exhaust emission control and is a supplier of catalytic systems including continuously regenerating trap crt systems for controlling heavy duty diesel vehicle pollution which the company commercialised in 1995 and for which it won a macrobert award for in 2000 . 16 17 today around one third of all cars worldwide are fitted with a johnson matthey catalyst . 18 process technologies supplies catalysts licenses technologies and delivers other services to the petrochemical syngas oil refining and gas processing industries . 19 precious metal products manages distributes refines and recycles precious metals and fabricates products using precious metals and related materials . johnson matthey offers seven metal separation of gold silver platinum palladium rhodium iridium and ruthenium . 20 products include advanced coatings for glass manufacture 21 catalysts for the production of nitric acid 22 and medical device components . 23 24 fine chemicals supplies active pharmaceutical ingredients and catalysis and chiral technologies to the pharmaceutical fine chemical and agrochemical industries . it is also a globally integrated supplier of research chemicals under the alfa aesar brand name . new businesses targets new opportunities in areas adjacent to the company s current businesses and which align with its core technology competencies . 25 this division includes johnson matthey fuel cells and johnson matthey battery technologies . 26 sustainability edit johnson matthey identifies sustainability as an integral part of its growth strategy and a key driver for its competitiveness . 27 in 2013 14 87 % of johnson matthey s sales came from products providing sustainability benefits . 28 the company was one of the first ftse 100 companies to produce an integrated annual report and won the best annual report in the ftse 100 in the icsa hermes transparency in governance awards in 2012 which recognised how sustainability issues were described in a way that clearly links them to business strategy and performance rather than leaving them in a silo or on the sidelines . 29 in 2014 johnson matthey was shortlisted for business in the community s responsible business of the year award for its sustainability 2017 programme . 30 sustainability 2017 programme edit johnson matthey has a formal framework sustainability 2017 27 comprising five elements of sustainability social environment health and safety governance financial and six targets that were set when the programme launched in 2007 and that the company aims to achieve by 2017 the 200th anniversary of its foundation . sustainability targets edit in 2007 johnson matthey set itself six targets to achieve by 2017 . 31 at least double earnings per share achieved in 2013 14 halve carbon intensity achieve zero waste to landfill halve key resources per unit of output achieve zero greater than three day accidents achieve zero occupational illness cases environmental performance edit the sustainability 2017 programme aims to halve the company s carbon intensity from a 2007 baseline of 294 tonnes co2 equivalent million sales to 147 tonnes . in 2013 14 johnson matthey reported a reduction in carbon intensity to 149 tonnes co2 equivalent million sales . 31 as a result of johnson matthey s nitrous oxide abatement catalysts more than 64 million tonnes co2 equivalent of n2o has been prevented from entering the atmosphere . 32 in december 2008 us subsidiary johnson matthey inc was fined 2.25 million for a felony violation of the united states clean water act after admitting to violating the act at its salt lake city precious metals refining facility . 33 the violation related to the selective screening of wastewater samples for compliance analysis . following the charge johnson matthey inc contributed 750 000 to the national fish and wildlife foundation and entered a three year compliance agreement with the us environmental protection agency . 34 references edit a b c 2016 annual report & accounts pdf . johnson matthey plc. retrieved 6 july 2016 . about us . johnson matthey . retrieved 25 march 2016 . a b c johnson matthey history . matthey.com . retrieved 18 april 2011 . history . johnson matthey metal jointing . retrieved 25 march 2016 . review a noble rival to gold . in reed business information 17 february 1983 . new scientist . reed business information . pp. 450 . issn 0262 4079 . portrait of an old lady turmoil at the bank of england by stephen fey isbn 0 670 81934 4 the truth about lloyds . the truth about lloyds . retrieved 18 april 2011 . captain moonlight offstage drama at the mermaid the independent 12 december 1993 when was the last nationalisation bbc news february 2008 rescued bank sold by britain . new york times . 11 april 1986 . retrieved 17 march 2015 . nuova fabbrica di catalizzatori per autovetture della johnson matthey . difesa ambientale in italian . editoriale peg . xiv 3 12 . april 1990 . access date requires url help johnson matthey to buy argillon for 214 million . reuters . 18 april 2011 . retrieved 30 january 2012 . johnson matthey plc to acquire intercat inc . reuters . retrieved 30 january 2012 . johnson matthey opens major new european emission control catalyst plant in macedonia . business wire . 30 january 2012 . retrieved 30 january 2012 . divisions johnson matthey . johnson matthey . retrieved 15 november 2014 . emission control technologies johnson matthey . johnson matthey plc. retrieved 15 november 2014 . the continuously regenerating trap crt johnson matthey . johnson matthey plc. retrieved 15 november 2014 . autocatalysts emissions control johnson matthey catalysts . johnson matthey . retrieved 15 november 2014 . process technologies johnson matthey . johnson matthey plc. retrieved 15 november 2014 . global pgm refining platinum group metals refining by johnson matthey . . johnson matthey precious metal refining . retrieved 15 november 2014 . johnson matthey noble metals glass glass . johnson matthey noble metals . retrieved 15 november 2014 . johnson matthey noble metals nitro technologies nitro technologies . johnson matthey noble metals . retrieved 15 november 2014 . johnson matthey medical jmmedical . johnson matthey . retrieved 15 november 2014 . precious metal products johnson matthey . johnson matthey plc. retrieved 15 november 2014 . johnson matthey plc 18 june 2014 . annual report & accounts 2014 sustainable technologies for today and for the future pdf report . johnson matthey plc. p. 41 . retrieved 15 november 2014 . new businesses johnson matthey . johnson matthey plc. retrieved 15 november 2014 . a b sustainability 2017 johnson matthey . johnson matthey plc. retrieved 15 november 2014 . johnson matthey plc 18 june 2014 . annual report & accounts 2014 sustainable technologies for today and for the future pdf report . johnson matthey plc. p. 10 . retrieved 15 november 2014 . institute of chartered secretaries and administrators 2012 . awards report 2012 delivering transparency changing behaviour pdf report . institute of chartered secretaries and administrators . p. 5 . retrieved 15 november 2014 . johnson matthey sustainability 2017 . business in the community . retrieved 16 november 2014 . a b six sustainability targets johnson matthey . johnson matthey plc. retrieved 15 november 2014 . johnson matthey noble metals platinum precious metal alloy . johnson matthey noble metals . retrieved 15 november 2014 . utah gold and silver refinery sentenced for clean water act violation . yosemite.epa.gov . retrieved 18 april 2011 . johnson matthey plc 2009 . regulatory matters sustainability report 2008 09 report . johnson matthey plc. retrieved 5 november 2014 . external links edit official site london stock exchange profile yahoo finance profile johnson matthey technology review johnson matthey linkedin johnson matthey twitter companies portal v t e automotive industry in the united kingdom manufacturing in the united kingdom economy of the united kingdom companies and marques commercial vehicle producers current alexander dennis plaxton dennis eagle ibc vehicles jcb leyland trucks the london taxi company optare smith electric vehicles stevens wrightbus former albion aec bedford bristol clough smith commer daimler erf foden ford southampton plant guy jensen karrier ldv modec scammell seddon atkinson sentinel shelvoke and drewry straker squire thornycroft tilling stevens motorsport advanced engine research arena motorsport carlin chevron cars cosworth dowdeswell and hardie engine developments ltd. force india ford world rally team fortec hewland ilmor lola cars manor