- Market slowdown on the e-commerce segment in North America and Europe
- Halt in combustion engine-related investments in the automotive sector in Europe and China
- Sharp upturn in activity leading to a rise in lost-time accidents
Fives
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Fives disclosed greenhouse gas emissions of 28.5K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 13.8K tCO2e/year; Scope 2: 14.6K tCO2e/year. 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
28.5K tCO2e/year (Scope 1 & 2)
2023
Water Usage
112.8K m3/year
2023
Energy Use
131 GWh/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). | 13.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 14.6K tCO2e/year |
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 | 28.5K tCO2e/year (Scope 1 & 2) |
| 2022 | 34.0K 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
- 15% reduction in total scope 1&2 emissions between 2019 (base year) and 2023
- 6% decrease in total energy consumption compared to 2022, and 11% since 2019
- 17% drop in natural gas, heating oil and fuels consumption since 2019
- 4% decrease in electricity consumption since 2019
- Increased number of sites with ISO 14001 certification
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce CO2 emissions (scope 1&2) by 30% by 2030
🌱 ESG Focus Areas
Decarbonizing industrial processesIncreasing the use of low-carbon energiesDeveloping the circular economyDigitalization and cybersecurityUrban logisticsHealth and SafetyDiversity and Inclusion