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Fluence Energy Inc

Common Name
Fluence Energy
Country
United States
Sector
Utilities
Industry
Utilities - Renewable
Employees
1,670
Ticker
FLNC
Exchange
NASDAQ/NGS
Description
Fluence Energy, Inc. is an energy technology company specializing in the development and deployment of advanced energy storage solutions and intelligent software for renewable energy applications. The...

Fluence Energy's GHG Emissions Data Preview

In 2024, Fluence Energy 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).

Fluence Energy has also provided a category-level breakdown for 8 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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Unspecified Calculation Method
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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 Fluence Energy’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 2022, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Fluence Energy’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 Fluence Energy’s data sources below and access millions more through our Disclosure Search.

a. Fluence Energy's Sustainability Report 2024
b. Fluence Energy's Sustainability Report 2023

Insights into Fluence Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Fluence Energy amounted to 1,063.69 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 Fluence Energy decreased by 49.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Fluence Energy's Scope 1 Emissions Over Time

20222023202405101520tCO2e-2%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Fluence Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Fluence Energy were 19.69 metric tons of CO₂ equivalent (tCO₂e).a

Has Fluence Energy reduced its Scope 1 emissions over time?

Since 2022, Fluence Energy's Scope 1 emissions have remained relatively, stable, indicating that Fluence Energy's emissions have plateaued with no significant change in its operational footprint.a

Compared to the previous year (2023), Fluence Energy's Scope 1 emissions increased by 3.28%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Fluence Energy's Scope 2 emissions?

In 2024, Fluence Energy reported Scope 2 greenhouse gas (GHG) emissions of 1,204.354 tCO₂e using the market-based method and 1,044 tCO₂e using the location-based method.a

Has Fluence Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Fluence Energy's Scope 2 emissions (Location-Based) fell by 50.08% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Fluence Energy use for Scope 2 reporting?

In 2024, Fluence Energy reported its Scope 2 emissions using the market-based method and using the location-based method.a

Fluence Energy's Scope 2 Emissions Over Time

20222023202407001.4 k2.1 k2.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Fluence Energy's Value Chain Emissions

In 2024, Fluence Energy reported 692,849.516 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 Fluence Energy includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Fluence Energy's Scope 3 Emissions Over Time

2022202320240200 k400 k600 k800 ktCO2e+26441%+27%
  • Total Scope 3
  • Year-over-Year Change

What are Fluence Energy's Scope 3 emissions?

In 2024, Fluence Energy reported total Scope 3 emissions of 692,849.516 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 92.45% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.55% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Fluence Energy reduced its Scope 3 emissions over time?

Since 2022, Fluence Energy's Scope 3 emissions have increased by 33,718.47%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Fluence Energy's Scope 3 emissions increased by 27.42%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Fluence Energy disclose?

In 2024, Fluence Energy reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Fluence Energy's Scope 3 emissions?

In 2024, the largest contributors to Fluence Energy's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 600,942.001 tCO₂e (86.74%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 52,301 tCO₂e (7.55%)
  • Upstream Transportation and Distribution (Cat. 4): 22,550 tCO₂e (3.25%)

Fluence Energy's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(86.7%)End-of-LifeTreatment of SoldProducts (Cat. 12)(7.5%)UpstreamTransportation andDistribution(Cat. 4)(3.3%)

Insights into Fluence Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Fluence Energy reported Scope 1 greenhouse gas (GHG) emissions of 19.69 tCO₂e and total revenues of USD 2,697 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD.a

Fluence Energy's Scope 1 Emissions Intensity Compared to Peers

101,00050,0005,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)BCalifornia Water Service GroupYear: 2023Scope 1: 8,210 tCO2eRevenue: $M 795Scope 1 Intensity: 10.33 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MBBBrookfield InfrastructureYear: 2024Scope 1: 2,100,000 tCO2eRevenue: $M 3,666Scope 1 Intensity: 572.83 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MUGIYear: 2024Scope 1: 1,024,385 tCO2eRevenue: $M 7,210Scope 1 Intensity: 142.08 tCO2e/$MAmerican Water WorksYear: 2024Scope 1: 69,363 tCO2eRevenue: $M 4,684Scope 1 Intensity: 14.81 tCO2e/$MNorthwest Natural HoldingYear: 2023Scope 1: 101,298 tCO2eRevenue: $M 1,197Scope 1 Intensity: 84.59 tCO2e/$MOrmat TechnologiesYear: 2023Scope 1: 171,778 tCO2eRevenue: $M 829Scope 1 Intensity: 207.11 tCO2e/$MNextera EnergyYear: 2024Scope 1: 43,409,916 tCO2eRevenue: $M 24,753Scope 1 Intensity: 1,753.72 tCO2e/$MConstellation EnergyYear: 2024Scope 1: 8,403,750 tCO2eRevenue: $M 23,568Scope 1 Intensity: 356.57 tCO2e/$MSempraYear: 2024Scope 1: 6,700,000 tCO2eRevenue: $M 13,185Scope 1 Intensity: 508.15 tCO2e/$MAvistaYear: 2023Scope 1: 3,035,164 tCO2eRevenue: $M 1,752Scope 1 Intensity: 1,732.84 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MBlack HillsYear: 2024Scope 1: 4,500,012 tCO2eRevenue: $M 2,128Scope 1 Intensity: 2,114.97 tCO2e/$MDominion EnergyYear: 2024Scope 1: 31,862,016 tCO2eRevenue: $M 14,459Scope 1 Intensity: 2,203.61 tCO2e/$MPSEGYear: 2024Scope 1: 581,556 tCO2eRevenue: $M 10,290Scope 1 Intensity: 56.52 tCO2e/$MHawaiian Electric IndustriesYear: 2024Scope 1: 4,361,243 tCO2eRevenue: $M 3,220Scope 1 Intensity: 1,354.49 tCO2e/$MNew Jersey ResourcesYear: 2024Scope 1: 49,466 tCO2eRevenue: $M 1,797Scope 1 Intensity: 27.53 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MONE GasYear: 2024Scope 1: 892,747 tCO2eRevenue: $M 2,084Scope 1 Intensity: 428.47 tCO2e/$MAESYear: 2024Scope 1: 27,779,000 tCO2eRevenue: $M 12,278Scope 1 Intensity: 2,262.50 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MBrookfield RenewableYear: 2024Scope 1: 134,654 tCO2eRevenue: $M 4,142Scope 1 Intensity: 32.51 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MFluence EnergyYear: 2024Scope 1: 20 tCO2eRevenue: $M 2,697Scope 1 Intensity: 0.01 tCO2e/$M

How does Fluence Energy's GHG emissions intensity compare to its peers?

In 2024, Fluence Energy reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 468.31, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Fluence Energy rank on GHG emissions intensity within its industry?

In 2024, Fluence Energy ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Fluence Energy among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Fluence Energy's Total Carbon Footprint

In 2024, Fluence Energy reported a total carbon footprint of 693,913.206 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.12% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Fluence Energy's total carbon footprint was Scope 3 emissions, accounting for 99.85% of the company's total carbon footprint, followed by Scope 2 emissions at 0.15%.a

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