Fluence Energy Inc

Common Name
Fluence Energy
Country
United States
Sector
Utilities
Industry
Utilities - Renewable
Employees
1,595
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 2023, 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 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Fluence Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Fluence Energy amounted to 2,110.56 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Fluence Energy increased by 1.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Fluence Energy's Scope 1 Emissions Over Time

2022202305101520tCO2e-2%
  • Total Scope 1
  • Year-over-Year Change

What are Fluence Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Fluence Energy were 19.065 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Fluence Energy's Scope 1 emissions decreased by 2.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Fluence Energy's Scope 2 emissions?

In 2023, Fluence Energy reported Scope 2 greenhouse gas (GHG) emissions of 2,622.074 tCOâ‚‚e using the market-based method and 2,091.495 tCOâ‚‚e using the location-based method.

What methodology does Fluence Energy use for Scope 2 reporting?

In 2023, Fluence Energy reported its Scope 2 emissions using the market-based method and using the location-based method.

Fluence Energy's Scope 2 Emissions Over Time

2022202307001.4 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 2023, Fluence Energy reported 543,745.157 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Fluence Energy includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Fluence Energy's Scope 3 Emissions Over Time

20230150 k300 k450 k600 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Fluence Energy's Scope 3 emissions?

In 2023, Fluence Energy reported total Scope 3 emissions of 543,745.157 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Fluence Energy disclose?

In 2023, Fluence Energy reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Fluence Energy's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 511,597.43 tCOâ‚‚e (94.09%)
  • Upstream Transportation and Distribution (Cat. 4): 22,262.17 tCOâ‚‚e (4.09%)
  • Employee Commuting (Cat. 7): 9,411.018 tCOâ‚‚e (1.73%)

Fluence Energy's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(94.1%)Employee Commuting(Cat. 7)(1.7%)UpstreamTransportation andDistribution(Cat. 4)(4.1%)

Insights into Fluence Energy's Total Carbon Footprint

In 2023, Fluence Energy reported a total carbon footprint of 545,855.717 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26,164.49% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Fluence Energy's total carbon footprint was Scope 3 emissions, accounting for 99.61% of the company's total carbon footprint, followed by Scope 2 emissions at 0.38%.

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