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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 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)202420232022
2021 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of FLSmidth & Co’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind FLSmidth & Co’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 FLSmidth & Co’s data sources below and access millions more through our Disclosure Search.

a. FLSmidth & Co's Annual Report 2024
b. FLSmidth & Co's Sustainability Report 2023

Insights into FLSmidth & Co's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of FLSmidth & Co amounted to 33,895 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 FLSmidth & Co decreased 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

2019202120222023202405 k10 k15 k20 ktCO2e-41%-1%+22%-15%
  • 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 CO₂ equivalent (tCO₂e).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 tCO₂e using the market-based method and 22,431 tCO₂e 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

2019202120222023202409 k18 k27 k36 ktCO2e
  • 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 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 FLSmidth & Co includes a breakdown across 3 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

FLSmidth & Co's Scope 3 Emissions Over Time

20192021202220232024085 M170 M255 M340 MtCO2e+47%-52%-26%-50%
  • 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 CO₂ equivalent (tCO₂e).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 emissions have 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 tCO₂e (97.72%)
  • Purchased Goods and Services (Cat. 1): 1,300,000 tCO₂e (2.22%)
  • Business Travel (Cat. 6): 29,852 tCO₂e (0.05%)

FLSmidth & Co's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(97.7%)Purchased Goods andServices (Cat. 1)(2.2%)

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 tCO₂e and total revenues of USD 2,813 millions. This translates into an emissions intensity of 4.07 tCO₂e per millions USD.a

FLSmidth & Co's Scope 1 Emissions Intensity Compared to Peers

2002,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000500,000Revenues (Millions of USD)SDCMATSYear: 2024Scope 1: 7,964 tCO2eRevenue: $M 2,240Scope 1 Intensity: 3.56 tCO2e/$MOkumaYear: 2023Scope 1: 7,300 tCO2eRevenue: $M 1,709Scope 1 Intensity: 4.27 tCO2e/$MNilfisk HoldingYear: 2024Scope 1: 14,476 tCO2eRevenue: $M 7,983Scope 1 Intensity: 1.81 tCO2e/$MSSShanghai Electric Wind Power GroupYear: 2024Scope 1: 919 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.64 tCO2e/$MDDDai-DanYear: 2024Scope 1: 1,739 tCO2eRevenue: $M 1,304Scope 1 Intensity: 1.33 tCO2e/$MSmiths GroupYear: 2024Scope 1: 18,758 tCO2eRevenue: $M 3,566Scope 1 Intensity: 5.26 tCO2e/$MYokogawa ElectricYear: 2024Scope 1: 12,141 tCO2eRevenue: $M 3,567Scope 1 Intensity: 3.40 tCO2e/$MSulzerYear: 2024Scope 1: 15,000 tCO2eRevenue: $M 3,899Scope 1 Intensity: 3.85 tCO2e/$MGenerac HoldingsYear: 2024Scope 1: 30,367 tCO2eRevenue: $M 4,296Scope 1 Intensity: 7.07 tCO2e/$MDonaldsonYear: 2024Scope 1: 23,536 tCO2eRevenue: $M 3,586Scope 1 Intensity: 6.56 tCO2e/$MGeorg FischerYear: 2024Scope 1: 75,000 tCO2eRevenue: $M 4,298Scope 1 Intensity: 17.45 tCO2e/$MWeir GroupYear: 2024Scope 1: 64,880 tCO2eRevenue: $M 3,144Scope 1 Intensity: 20.63 tCO2e/$MCCChina Shipbuilding Industry Group PowerYear: 2024Scope 1: 15,638 tCO2eRevenue: $M 7,083Scope 1 Intensity: 2.21 tCO2e/$MSany Renewable EnergyYear: 2024Scope 1: 12,703 tCO2eRevenue: $M 2,438Scope 1 Intensity: 5.21 tCO2e/$MMMMing Yang Smart Energy GroupYear: 2024Scope 1: 7,662 tCO2eRevenue: $M 3,721Scope 1 Intensity: 2.06 tCO2e/$MBucher IndustriesYear: 2024Scope 1: 41,651 tCO2eRevenue: $M 3,485Scope 1 Intensity: 11.95 tCO2e/$MGEA GroupYear: 2024Scope 1: 32,278 tCO2eRevenue: $M 5,642Scope 1 Intensity: 5.72 tCO2e/$MNGK InsulatorsYear: 2024Scope 1: 240,000 tCO2eRevenue: $M 3,823Scope 1 Intensity: 62.78 tCO2e/$MDaifukuYear: 2024Scope 1: 8,853 tCO2eRevenue: $M 4,038Scope 1 Intensity: 2.19 tCO2e/$MVestas Wind SystemsYear: 2024Scope 1: 104,000 tCO2eRevenue: $M 134,315Scope 1 Intensity: 0.77 tCO2e/$MMiddlebyYear: 2023Scope 1: 89,986 tCO2eRevenue: $M 4,037Scope 1 Intensity: 22.29 tCO2e/$MBharat Heavy ElectricalsYear: 2025Scope 1: 135,975 tCO2eRevenue: $M 3,202Scope 1 Intensity: 42.47 tCO2e/$MNordexYear: 2024Scope 1: 53,007 tCO2eRevenue: $M 7,595Scope 1 Intensity: 6.98 tCO2e/$MMelrose IndustriesYear: 2024Scope 1: 21,245 tCO2eRevenue: $M 4,352Scope 1 Intensity: 4.88 tCO2e/$MA O SmithYear: 2019Scope 1: 71,824 tCO2eRevenue: $M 2,993Scope 1 Intensity: 24.00 tCO2e/$MFLSmidth & CoYear: 2024Scope 1: 11,464 tCO2eRevenue: $M 2,813Scope 1 Intensity: 4.07 tCO2e/$M

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 tCO₂e 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 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 2024, FLSmidth & Co reported a total carbon footprint of 58,463,747 metric tons of CO₂ equivalent (tCO₂e) 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

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