FLSmidth & Co A/S

Common Name
FLSmidth & Co
Country
Denmark
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
7,682
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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind FLSmidth & Co’s Greenhouse Gas (GHG) Emissions Data

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a. FLSmidth & Co's Sustainability Report 2023
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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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

What are FLSmidth & Co's Scope 2 emissions?

In 2023, FLSmidth & Co reported Scope 2 greenhouse gas (GHG) emissions of 24,489 tCO₂e using the market-based method and 26,015 tCO₂e using the location-based method. a

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. a

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. a

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. a

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

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. a

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. a

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: a

  • Use of Sold Products (Cat. 11): 167,800,000 tCO₂e (98.98%)
  • Purchased Goods and Services (Cat. 1): 1,700,000 tCO₂e (1%)
  • Business Travel (Cat. 6): 30,438 tCO₂e (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 CO₂ equivalent (tCO₂e) 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. a

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%. a

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