Atlas Copco AB

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021-05 to 2022-04, 2020, 2018

In its 2023 reporting, Atlas Copco AB disclosed greenhouse gas emissions of 250.8K tCO2e (location based); 250640 tCO2e (market based). By scope: Scope 1: 86.0K tCO2e; Scope 2: 142.0K tCO2e; Scope 3: 233.2K tCO2e. 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
250.8K tCO2e (location based); 250640 tCO2e (market based)
2023
⚡
Renewable Energy
63.6%
of total energy
💧
Water Usage
671.0K m3
2023
♻️
Waste
57.6M kg
2023
⚙️
Energy Use
531 GWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).86.0K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.142.0K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).233.2K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023250.8K tCO2e (location based); 250640 tCO2e (market based)
20222.2M tCO2e/year (approx.)
202012.1K tons (Scope 2 market-based) + 5798885 kg (Scope 1) + 30725981 kg (Scope 3)
201831.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Group-common method for assessing the circularity of new or redesigned products by 2024

📅 Medium-term

  • Reduce CO2e emissions from scopes 1 & 2 by 46% by 2030
  • Reduce CO2e emissions from scope 3 by 28% by 2030
  • Achieve 30% women employees by 2030
  • 100% of waste reused, recycled or recovered by 2030

🌱 ESG Focus Areas

Climate changeOccupational health and safetyProduct safetyDiversity and inclusionTalent development and retentionBusiness ethics and integrityResponsible value chainCircular business models

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Geopolitical challenges
  • Not yet bending the curve of emissions from the use phase of products
  • Limited availability of renewable energy in some markets

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, EU Taxonomy Regulation
Assurance: Ernst & Young