- Weaker than expected revenue due to service disruption from 2022 business integration and market headwinds
- Higher than expected net debt due to investment in high-running products to recover service levels
- Ongoing customer service issues within product distribution (legacy from 2022 integration)
Flowtech Fluidpower plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Flowtech Fluidpower plc disclosed greenhouse gas emissions of 3.0K tCO2e/year (1384 tCO2e/year like-for-like). By scope: Scope 1: 452 tCO2e/year; Scope 2: 232 tCO2e/year; Scope 3: 2.4K 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
3.0K tCO2e/year (1384 tCO2e/year like-for-like)
2023
Waste
53.0K kg/year (non-hazardous)
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). | 452 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 232 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.4K 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 | 3.0K tCO2e/year (1384 tCO2e/year like-for-like) |
| 2022 | 2.6K tCO2e |
| 2021 | 1.5K tCO2e/year (2020: 1443.52) |
| 2020 | 1.4K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 23% reduction in like for like carbon emissions
- Recycled 53,000kg of non-hazardous waste
- 13,000 litres of hazardous waste diverted from landfill
- Increased electric or hybrid vehicles in fleet to over 50%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Launch 2030 ESG plans later in 2024
📅 Medium-term
- Expand product and service offering into wider 'World of Motion' market
- Transition to 'One Flowtech' brand in H1 2024
- Introduce automation and control to drive greater efficiency within the Fulfilment Centre
🔭 Long-term
- Set Net Zero emissions target by end of 2024
🌱 ESG Focus Areas
EnvironmentSocialGovernance