Epiroc AB

Common Name
Epiroc
Country
Sweden
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
19,067
Ticker
EPI A
Exchange
NASDAQ STOCKHOLM AB
Description
Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in North America, Europe, South America, Europe, Africa, the Middle Ea...

Epiroc's GHG Emissions Data Preview

In 2024, Epiroc 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).

Epiroc has also provided a category-level breakdown for 2 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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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Epiroc’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 Epiroc’s data sources below and access millions more through our Disclosure Search.

a. Epiroc's Annual Report 2024
a. Epiroc's Annual Report 2024
b. Epiroc's Annual Report 2023
b. Epiroc's Annual Report 2023

Insights into Epiroc's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Epiroc amounted to 66,000 metric 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 Epiroc increased by 57.14%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Epiroc's Scope 1 Emissions Over Time

2018201920202021202220232024010 k20 k30 k40 ktCO2e+550%-87%+20%+33%+25%+200%
  • Total Scope 1
  • Year-over-Year Change

What are Epiroc's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Epiroc were 30,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Epiroc reduced its Scope 1 emissions over time?

Since 2018, Epiroc's Scope 1 emissions have increased by 400%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Epiroc's Scope 1 emissions increased by 200%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Epiroc's Scope 2 emissions?

In 2024, Epiroc reported Scope 2 greenhouse gas (GHG) emissions of 20,000 tCO₂e using the market-based method and 36,000 tCO₂e using the location-based method. a

Has Epiroc reduced its Scope 2 emissions over time?

Since 2018, Epiroc's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Epiroc 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), Epiroc's Scope 2 emissions (Location-Based) rose by 12.5% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Epiroc use for Scope 2 reporting?

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

Epiroc's Scope 2 Emissions Over Time

2018201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Epiroc's Value Chain Emissions

In 2024, Epiroc reported 6,600,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Epiroc includes a breakdown across 2 of 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

Epiroc's Scope 3 Emissions Over Time

201820192020202120222023202402 M4 M6 M8 MtCO2e+5492%-46%+26%+8%+26%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Epiroc's Scope 3 emissions?

In 2024, Epiroc reported total Scope 3 emissions of 6,600,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 11.88% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.12% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Epiroc reduced its Scope 3 emissions over time?

Since 2018, Epiroc's Scope 3 emissions have increased by 5,056.25%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

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

What categories of Scope 3 emissions does Epiroc disclose?

In 2024, Epiroc reported emissions for 2 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 Epiroc's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 5,709,000 tCO₂e (88.12%)
  • Purchased Goods and Services (Cat. 1): 770,000 tCO₂e (11.88%)

Epiroc's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(88.1%)Purchased Goods andServices (Cat. 1)(11.9%)

Insights into Epiroc’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Epiroc reported Scope 1 greenhouse gas (GHG) emissions of 30,000 tCO₂e and total revenues of USD 5,772 millions. This translates into an emissions intensity of 5.2 tCO₂e per millions USD. a

Epiroc's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,000500,000Scope 1 Emissions (tCO2e)202002,00020,000100,000Revenues (Millions of USD)NCCYear: 2023Scope 1: 126,000 tCO2eRevenue: $M 5,643Scope 1 Intensity: 22.33 tCO2e/$ML E LundbergforetagenYear: 2024Scope 1: 61,657 tCO2eRevenue: $M 2,847Scope 1 Intensity: 21.66 tCO2e/$MTrelleborgYear: 2024Scope 1: 34,424 tCO2eRevenue: $M 3,101Scope 1 Intensity: 11.10 tCO2e/$MBeijer RefYear: 2024Scope 1: 20,888 tCO2eRevenue: $M 3,236Scope 1 Intensity: 6.45 tCO2e/$MIndutradeYear: 2024Scope 1: 12,445 tCO2eRevenue: $M 2,953Scope 1 Intensity: 4.21 tCO2e/$MAddtechYear: 2025Scope 1: 2,637 tCO2eRevenue: $M 2,169Scope 1 Intensity: 1.22 tCO2e/$MLifcoYear: 2024Scope 1: 8,330 tCO2eRevenue: $M 2,372Scope 1 Intensity: 3.51 tCO2e/$MNederman HoldingYear: 2023Scope 1: 807 tCO2eRevenue: $M 613Scope 1 Intensity: 1.32 tCO2e/$MLagercrantz GroupYear: 2024Scope 1: 2,420 tCO2eRevenue: $M 763Scope 1 Intensity: 3.17 tCO2e/$MAlimak GroupYear: 2024Scope 1: 4,642 tCO2eRevenue: $M 644Scope 1 Intensity: 7.21 tCO2e/$MStockwik ForvaltningYear: 2024Scope 1: 651 tCO2eRevenue: $M 77Scope 1 Intensity: 8.43 tCO2e/$MFasadgruppen GroupYear: 2024Scope 1: 4,024 tCO2eRevenue: $M 447Scope 1 Intensity: 9.00 tCO2e/$MRejlersYear: 2024Scope 1: 316 tCO2eRevenue: $M 402Scope 1 Intensity: 0.79 tCO2e/$MElectrolux ProfessionalYear: 2023Scope 1: 2,000 tCO2eRevenue: $M 1,174Scope 1 Intensity: 1.70 tCO2e/$MSdiptechYear: 2024Scope 1: 4,974 tCO2eRevenue: $M 469Scope 1 Intensity: 10.61 tCO2e/$MHusqvarnaYear: 2024Scope 1: 14,217 tCO2eRevenue: $M 4,388Scope 1 Intensity: 3.24 tCO2e/$MSKFYear: 2024Scope 1: 45,853 tCO2eRevenue: $M 8,958Scope 1 Intensity: 5.12 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MMunters GroupYear: 2024Scope 1: 8,000 tCO2eRevenue: $M 1,402Scope 1 Intensity: 5.71 tCO2e/$MVolvoYear: 2024Scope 1: 209,000 tCO2eRevenue: $M 47,805Scope 1 Intensity: 4.37 tCO2e/$MSandvikYear: 2024Scope 1: 81,000 tCO2eRevenue: $M 11,150Scope 1 Intensity: 7.26 tCO2e/$MEpirocYear: 2024Scope 1: 30,000 tCO2eRevenue: $M 5,772Scope 1 Intensity: 5.20 tCO2e/$M

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

In 2024, Epiroc reported a Scope 1 emissions intensity of 5.2 tCO₂e per millions USD. Compared to the peer group median of 5.71 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Epiroc rank on GHG emissions intensity within its industry?

In 2024, Epiroc ranked 11 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Epiroc's Total Carbon Footprint

In 2024, Epiroc reported a total carbon footprint of 6,666,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.71% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Epiroc's total carbon footprint was Scope 3 emissions, accounting for 99.01% of the company's total carbon footprint, followed by Scope 2 emissions at 0.54%. a

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