FLSmidth & Co A/S

Common Name
FLSmidth & Co
Country
Denmark
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
10,977
Ticker
FLS
Exchange
NASDAQ COPENHAGEN A/S
Website
fls.com
Description
FLSmidth & Co. A/S is a leading engineering company specializing in the supply and delivery of equipment, services, and expertise to the global mining and cement industries. Founded in 1882 and headqu...

FLSmidth & Co's GHG Emissions Data Preview

In 2023, FLSmidth & Co 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).

FLSmidth & Co has also provided a category-level breakdown for 3 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into FLSmidth & Co's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of FLSmidth & Co amounted to 39,548 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of FLSmidth & Co increased by 2.41%, suggesting that the company faced challenges in reducing its emissions from its core operations.

FLSmidth & Co's Scope 1 Emissions Over Time

20212022202303.5 k7 k10.5 k14 ktCO2e-1%+22%
  • Total Scope 1
  • Year-over-Year Change

What are FLSmidth & Co's Scope 1 emissions?

In 2023, the total Scope 1 emissions of FLSmidth & Co were 13,533 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has FLSmidth & Co reduced its Scope 1 emissions over time?

Since 2021, FLSmidth & Co's Scope 1 emissions have increased by 21.59%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), FLSmidth & Co's Scope 1 emissions increased by 22.26%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are FLSmidth & Co's Scope 2 emissions?

In 2023, FLSmidth & Co reported Scope 2 greenhouse gas (GHG) emissions of 24,489 tCOâ‚‚e using the market-based method, and 26,015 tCOâ‚‚e using the location-based method.

Has FLSmidth & Co reduced its Scope 2 emissions over time?

Since 2021, FLSmidth & Co's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that FLSmidth & Co 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), FLSmidth & Co's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that FLSmidth & Co 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does FLSmidth & Co use for Scope 2 reporting?

In 2023, FLSmidth & Co reported its Scope 2 emissions using the market-based method and using the location-based method.

FLSmidth & Co's Scope 2 Emissions Over Time

20212022202307.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into FLSmidth & Co's Value Chain Emissions

In 2023, FLSmidth & Co reported 169,530,438 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of FLSmidth & Co includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

FLSmidth & Co's Scope 3 Emissions Over Time

202120222023085 M170 M255 M340 MtCO2e-52%+7%
  • Total Scope 3
  • Year-over-Year Change

What are FLSmidth & Co's Scope 3 emissions?

In 2023, FLSmidth & Co reported total Scope 3 emissions of 169,530,438 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 1.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.98% came from downstream activities like product use, distribution, and end-of-life treatment.

Has FLSmidth & Co reduced its Scope 3 emissions over time?

Since 2021, FLSmidth & Co's Scope 3 emissions have decreased by 49.07%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), FLSmidth & Co's Scope 3 emissions remained relatively stable, indicating that FLSmidth & Co 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does FLSmidth & Co disclose?

In 2023, FLSmidth & Co reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

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

What are the main sources of FLSmidth & Co's Scope 3 emissions?

In 2023, the largest contributors to FLSmidth & Co's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 167,800,000 tCOâ‚‚e (98.98%)
  • Purchased Goods and Services (Cat. 1): 1,700,000 tCOâ‚‚e (1%)
  • Business Travel (Cat. 6): 30,438 tCOâ‚‚e (0.02%)

FLSmidth & Co's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.0%)Purchased Goods andServices (Cat. 1)(1.0%)

Insights into FLSmidth & Co's Total Carbon Footprint

In 2023, FLSmidth & Co reported a total carbon footprint of 169,569,986 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.08% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to FLSmidth & Co's total carbon footprint was Scope 3 emissions, accounting for 99.98% of the company's total carbon footprint, followed by Scope 2 emissions at 0.02%.

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