TechnipFMC PLC

Common Name
TechnipFMC
Country
United Kingdom
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
21,693
Ticker
FTI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
TechnipFMC plc is a globally recognized company in the oil and gas services sector. It specializes in delivering innovative solutions across three main sectors: Subsea, Onshore/Offshore, and Surface T...

TechnipFMC's Climate Target Data Preview

As of 2024, TechnipFMC has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into TechnipFMC ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind TechnipFMC’s Climate Targets 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 TechnipFMC’s data sources below and access millions more through our Disclosure Search.

a. TechnipFMC's Annual Report 2024
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Insights into TechnipFMC's Greenhouse Gas Emissions Pathways

As of 2024, TechnipFMC has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does TechnipFMC have a target to reduce the emissions from its operations?

As of 2024, TechnipFMC has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

TechnipFMC's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 312,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017. a

As of 2024, TechnipFMC is lagging behind on its operational emissions reduction target, having achieved 17.36% of the planned reduction. a

TechnipFMC's Operational (Scope 1+2) Emissions Pathway

201720242030080 k160 k240 k320 kCurrent (-9%)Target 2030 (-50%)
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