Fluence Energy Inc
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) | 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.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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. | 0000000 |
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Verified Sources Behind Fluence Energy’s Greenhouse Gas (GHG) Emissions Data
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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). a
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. a
Fluence Energy's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
What are Fluence Energy's Scope 2 emissions?
In 2023, Fluence Energy reported Scope 2 greenhouse gas (GHG) emissions of 2,622.074 tCO₂e using the market-based method and 2,091.495 tCO₂e using the location-based method. a
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. a
Fluence Energy's Scope 2 Emissions Over Time
- 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 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 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 a
Fluence Energy's Scope 3 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a
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. 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 2023, the largest contributors to Fluence Energy's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 511,597.43 tCO₂e (94.09%)
- Upstream Transportation and Distribution (Cat. 4): 22,262.17 tCO₂e (4.09%)
- Employee Commuting (Cat. 7): 9,411.018 tCO₂e (1.73%)
Fluence Energy's Scope 3 Emissions by Categories
Insights into Fluence Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Fluence Energy reported Scope 1 greenhouse gas (GHG) emissions of 19.065 tCO₂e and total revenues of USD 2,217 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
How does Fluence Energy's GHG emissions intensity compare to its peers?
In 2023, Fluence Energy reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 408.83, 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 2023, 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 2023, Fluence Energy reported a total carbon footprint of 545,855.717 metric tons of CO₂ equivalent (tCO₂e) 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. a
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%. a