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Atlas Copco AB

Common Name
Atlas Copco
Country
Sweden
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
55,840
Ticker
ATCO A
Exchange
NASDAQ STOCKHOLM AB
Description
Atlas Copco AB (publ) provides compressed air and gas, vacuum, energy, dewatering and industrial pumps, industrial power tools, and assembly and machine vision solutions in North America, South Americ...

Atlas Copco's GHG Emissions Data Preview

In 2024, Atlas Copco completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Atlas Copco has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Atlas Copco’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Atlas Copco’s data sources below and access millions more through our Disclosure Search.

a. Atlas Copco's Annual Report 2024
a. Atlas Copco's Annual Report 2024
b. Atlas Copco's Annual Report 2021
b. Atlas Copco's Annual Report 2021

Insights into Atlas Copco's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofAtlas Copco amounted to236,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Atlas Copcoincreased by 0.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Atlas Copco's Scope 1 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e-23%+5%+16%-3%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Atlas Copco's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Atlas Copco were 91,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Atlas Copco reduced its Scope 1 emissions over time?

Since 2019, Atlas Copco's Scope 1 emissions have decreased by 6.19%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Atlas Copco's Scope 1 emissions increased by 2.25%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Atlas Copco's Scope 2 emissions?

In 2024, Atlas Copco reported Scope 2 greenhouse gas (GHG) emissions of 23,000 tCOâ‚‚e using the market-based method and 145,000 tCOâ‚‚e using the location-based method.a

Has Atlas Copco reduced its Scope 2 emissions over time?

Since 2019, Atlas Copco's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 47.96%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Atlas Copco's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Atlas Copco's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Atlas Copco use for Scope 2 reporting?

In 2024, Atlas Copco reported its Scope 2 emissions using the market-based method and using the location-based method.a

Atlas Copco's Scope 2 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Atlas Copco's Value Chain Emissions

In 2024, Atlas Copco reported 224,213,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Atlas Copco includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Atlas Copco's Scope 3 Emissions Over Time

201920202021202220232024065 M130 M195 M260 MtCO2e-12%+4%+29%+7%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Atlas Copco's Scope 3 emissions?

In 2024, Atlas Copco reported total Scope 3 emissions of 224,213,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 1.47%of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.53%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Atlas Copco reduced its Scope 3 emissions over time?

Since 2019, Atlas Copco's Scope 3 emissionshave increased by 15.06%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Atlas Copco's Scope 3 emissions remained relatively stable, indicating that Atlas Copco's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Atlas Copco disclose?

In 2024, Atlas Copco reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Atlas Copco's Scope 3 emissions?

In 2024, the largest contributors to Atlas Copco's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 218,027,000 tCOâ‚‚e(97.24%)
  • Purchased Goods and Services (Cat. 1): 3,283,000 tCOâ‚‚e(1.46%)
  • Downstream Leased Assets (Cat. 13): 2,443,000 tCOâ‚‚e(1.09%)

Atlas Copco's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(1.5%)Use of Sold Products(Cat. 11)(97.2%)Downstream LeasedAssets (Cat. 13)(1.1%)

Insights into Atlas Copco’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Atlas Copco reported Scope 1 greenhouse gas (GHG) emissions of 91,000 tCOâ‚‚e and total revenues of USD 16,041 millions. This translates into an emissions intensity of 5.67 tCOâ‚‚e per millions USD.a

Atlas Copco's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)502002,00020,000100,000Revenues (Millions of USD)BCNCC ABYear: 2024Scope 1: 113,000 tCO2eRevenue: $M 5,591Scope 1 Intensity: 20.21 tCO2e/$MBeijer AlmaYear: 2024Scope 1: 3,904 tCO2eRevenue: $M 654Scope 1 Intensity: 5.97 tCO2e/$MAssa AbloyYear: 2024Scope 1: 85,476 tCO2eRevenue: $M 13,626Scope 1 Intensity: 6.27 tCO2e/$MTrelleborgYear: 2024Scope 1: 34,424 tCO2eRevenue: $M 3,101Scope 1 Intensity: 11.10 tCO2e/$MSaabYear: 2024Scope 1: 15,988 tCO2eRevenue: $M 5,785Scope 1 Intensity: 2.76 tCO2e/$MBBBerner IndustrierYear: 2024Scope 1: 188 tCO2eRevenue: $M 87Scope 1 Intensity: 2.15 tCO2e/$MCCCavotec GroupYear: 2024Scope 1: 307 tCO2eRevenue: $M 2,001Scope 1 Intensity: 0.15 tCO2e/$MAlfa LavalYear: 2024Scope 1: 16,113 tCO2eRevenue: $M 6,076Scope 1 Intensity: 2.65 tCO2e/$MNederman HoldingYear: 2023Scope 1: 807 tCO2eRevenue: $M 613Scope 1 Intensity: 1.32 tCO2e/$MAlimak GroupYear: 2024Scope 1: 4,642 tCO2eRevenue: $M 644Scope 1 Intensity: 7.21 tCO2e/$MElectrolux ProfessionalYear: 2024Scope 1: 2,159 tCO2eRevenue: $M 1,142Scope 1 Intensity: 1.89 tCO2e/$MSecuritasYear: 2024Scope 1: 119,062 tCO2eRevenue: $M 14,693Scope 1 Intensity: 8.10 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MMunters GroupYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,402Scope 1 Intensity: 5.71 tCO2e/$MPeabYear: 2024Scope 1: 176,000 tCO2eRevenue: $M 5,561Scope 1 Intensity: 31.65 tCO2e/$MProfilgruppenYear: 2024Scope 1: 2,180 tCO2eRevenue: $M 206Scope 1 Intensity: 10.57 tCO2e/$MRatosYear: 2024Scope 1: 14,848 tCO2eRevenue: $M 2,915Scope 1 Intensity: 5.09 tCO2e/$MVolvoYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 47,805Scope 1 Intensity: 4.37 tCO2e/$MVestumYear: 2024Scope 1: 4,350 tCO2eRevenue: $M 385Scope 1 Intensity: 11.29 tCO2e/$MNordic Waterproofing HoldingYear: 2024Scope 1: 3,599 tCO2eRevenue: $M 371Scope 1 Intensity: 9.69 tCO2e/$MFagerhult GroupYear: 2024Scope 1: 7,245 tCO2eRevenue: $M 754Scope 1 Intensity: 9.61 tCO2e/$MMycronicYear: 2024Scope 1: 497 tCO2eRevenue: $M 640Scope 1 Intensity: 0.78 tCO2e/$MSandvikYear: 2024Scope 1: 81,000 tCO2eRevenue: $M 11,150Scope 1 Intensity: 7.26 tCO2e/$MKarnell GroupYear: 2024Scope 1: 1,061 tCO2eRevenue: $M 127Scope 1 Intensity: 8.34 tCO2e/$MAtlas CopcoYear: 2024Scope 1: 91,000 tCO2eRevenue: $M 16,041Scope 1 Intensity: 5.67 tCO2e/$M

How does Atlas Copco's GHG emissions intensity compare to its peers?

In 2024, Atlas Copco reported a Scope 1 emissions intensity of 5.67 tCOâ‚‚e per millions USD. Compared to the peer group median of 6.74, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Atlas Copco rank on GHG emissions intensity within its industry?

In 2024, Atlas Copco ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Atlas Copco is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Atlas Copco's Total Carbon Footprint

In 2024, Atlas Copco reported a total carbon footprint of 224,449,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.54% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Atlas Copco's total carbon footprint was Scope 3 emissions, accounting for 99.89% of the company's total carbon footprint, followed by Scope 2 emissions at 0.06%.a

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