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FLSmidth & Co A/S
FLSmidth & Co's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 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.  b | 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.  b | 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.  b | 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.  b | 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.  b | 0000000 |
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bVerified Sources Behind FLSmidth & Co’s Greenhouse Gas (GHG) Emissions Data
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Insights into FLSmidth & Co's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofFLSmidth & Co amounted to33,895metric 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 FLSmidth & Codecreased by 14.29%, showing that the company has made progress in taking action to reduce the climate impact of its 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 2024, the total Scope 1 emissions of FLSmidth & Co were 11,464 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has FLSmidth & Co reduced its Scope 1 emissions over time?
Since 2019, FLSmidth & Co's Scope 1 emissions have decreased by 38.94%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), FLSmidth & Co's Scope 1 emissions decreased by 15.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are FLSmidth & Co's Scope 2 emissions?
In 2024, FLSmidth & Co reported Scope 2 greenhouse gas (GHG) emissions of 19,174 tCOâ‚‚e using the market-based method and 22,431 tCOâ‚‚e using the location-based method.a
Has FLSmidth & Co reduced its Scope 2 emissions over time?
Since 2019, FLSmidth & Co's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 34.84%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), FLSmidth & Co's Scope 2 emissions(Location-Based) fell by 13.78% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does FLSmidth & Co use for Scope 2 reporting?
In 2024, 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 2024, FLSmidth & Co reported 58,429,852 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 FLSmidth & Co includes a breakdown across 3of 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
FLSmidth & Co's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are FLSmidth & Co's Scope 3 emissions?
In 2024, FLSmidth & Co reported total Scope 3 emissions of 58,429,852 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 2.28%of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.72%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 2019, FLSmidth & Co's Scope 3 emissionshave decreased by 74.24%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), FLSmidth & Co's Scope 3 emissions decreased by 50.2%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does FLSmidth & Co disclose?
In 2024, 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 2024, the largest contributors to FLSmidth & Co's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 57,100,000 tCOâ‚‚e(97.72%)
- Purchased Goods and Services (Cat. 1): 1,300,000 tCOâ‚‚e(2.22%)
- Business Travel (Cat. 6): 29,852 tCOâ‚‚e(0.05%)
FLSmidth & Co's Scope 3 Emissions by Categories
Insights into FLSmidth & Co’s GHG Emissions Intensity Compared to Industry Peers
In 2024, FLSmidth & Co reported Scope 1 greenhouse gas (GHG) emissions of 11,464 tCOâ‚‚e and total revenues of USD 2,813 millions. This translates into an emissions intensity of 4.07 tCOâ‚‚e 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 2024, FLSmidth & Co reported a Scope 1 emissions intensity of 4.07 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.21, 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 2024, FLSmidth & Co ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, FLSmidth & Co reported a total carbon footprint of 58,463,747 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 50.19% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to FLSmidth & Co's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 2 emissions at 0.04%.a