- Enhanced climate and emissions reporting obligations.
- Regulations limiting current business activities.
- Increased pricing of GHG emissions.
- Decreased access to capital.
- Sector stigmatization.
TechnipFMC plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, TechnipFMC plc disclosed greenhouse gas emissions of 266.4K tCO2e/year (Scope 1 & 2 market-based). By scope: Scope 1: 247.5K tCO2e/year; Scope 2: 35.4K tCO2e/year (market-based). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
266.4K tCO2e/year (Scope 1 & 2 market-based)
2023
Renewable Energy
35% of purchased energy
of total energy
Water Usage
5% reduction in average consumption (2021-2023) compared to 2020 baseline
2023
Waste
71% recycling rate in 2023
2023
Energy Use
1.1M MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 247.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 35.4K tCO2e/year (market-based) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 266.4K tCO2e/year (Scope 1 & 2 market-based) |
| 2022 | 289.4K tCO2e/year (Scope 1 and 2) |
| 2015 | 544.9K tCO2e (Scope 1 and 2) |
| 2014 | 386.2K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 21% over three years (2021-2023), exceeding waste recycling and reuse target.
- Achieved 28% of orders linked to lower carbon intensity offerings in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Introduce three new fully qualified products in New Energy by 2026.
- Roll-out of Safe Choice program across New Energy portfolio by end of 2026.
📅 Medium-term
- Increase renewable energy usage to 60% by 2026.
- Reduce Scope 1 and Scope 2 GHG emissions by 50% by 2030.
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceHuman RightsCommunity Engagement