FLSmidth & Co. A/S

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2017, 2016, 2015, 2014

In its 2023 reporting, FLSmidth & Co. A/S disclosed greenhouse gas emissions of 38.0K tCO2e/year (Scope 1 & 2 market-based). By scope: Scope 1: 13.5K tCO2e/year; Scope 2: 24.5K tCO2e/year; Scope 3: 116.1M tCO2e/year (Category 11 Use of sold products). 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
38.0K tCO2e/year (Scope 1 & 2 market-based)
2023
⚡
Renewable Energy
26%
of total energy
💧
Water Usage
167.6K m3/year
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).13.5K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.24.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).116.1M tCO2e/year (Category 11 Use of sold products)

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
202338.0K tCO2e/year (Scope 1 & 2 market-based)
202036.8K tCO2e (Scope 1 & 2)
201764.3K tons (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

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water withdrawal by 5% year-on-year.
  • Reduce scope 1 and 2 GHG emissions by 10% year-on-year.
  • Increase spend with suppliers with science-based targets to 30% by 2025.

📅 Medium-term

  • Reduce scope 1 and 2 GHG emissions by 100% by 2030.
  • Reduce scope 3 economic intensity by 56% by 2030.
  • Achieve 25% women managers by 2030.

🔭 Long-term

  • Enable zero emissions in mining and cement by 2030 (MissionZero).

🌱 ESG Focus Areas

Climate ChangeDiversity, Equity, and InclusionGovernanceSafetyWater StewardshipResponsible Supply Chain

⚠️ Challenges & Risks +

  • Deterioration in safety performance, primarily due to increased incidents at manufacturing sites, organizational changes, and greater use of third-party contractors.
  • Increased water withdrawal from water-stressed areas.
  • Complex supply chain and sourcing from regions with high environmental and human rights concerns.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, EU Taxonomy, TCFD, UN Global Compact
Assurance: EY Godkendt Revisionspartnerselskab