FLSmidth & Co A/S
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind FLSmidth & Co’s Greenhouse Gas (GHG) Emissions Data
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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
- 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
- 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
- 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
Insights into FLSmidth & Co’s GHG Emissions Intensity Compared to Industry Peers
In 2023, FLSmidth & Co reported Scope 1 greenhouse gas (GHG) emissions of 13,533 tCO₂e and total revenues of USD 3,570 millions. This translates into an emissions intensity of 3.79 tCO₂e per millions USD. a
FLSmidth & Co's Scope 1 Emissions Intensity Compared to Peers
How does FLSmidth & Co's GHG emissions intensity compare to its peers?
In 2023, FLSmidth & Co reported a Scope 1 emissions intensity of 3.79 tCO₂e per millions USD. Compared to the peer group median of 5.55 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does FLSmidth & Co rank on GHG emissions intensity within its industry?
In 2023, FLSmidth & Co ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
FLSmidth & Co is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
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