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TechnipFMC PLC
TechnipFMC's GHG Emissions Data Preview
In 2024, TechnipFMC 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) and Scope 2 (indirect emissions from purchased energy).
However, TechnipFMC has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | 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.  a | 0000000 |
Location-Based | 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 3 | Copy restricted. Please purchase to unlock this data. | 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.  a | 0000000 |
Verified Sources Behind TechnipFMC’s Greenhouse Gas (GHG) Emissions Data
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Insights into TechnipFMC's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTechnipFMC amounted to304,401metric 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 TechnipFMCincreased by 9.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
TechnipFMC's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TechnipFMC's Scope 1 emissions?
In 2024, the total Scope 1 emissions of TechnipFMC were 260,348 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has TechnipFMC reduced its Scope 1 emissions over time?
Since 2021, TechnipFMC's Scope 1 emissions have increased by 9.34%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), TechnipFMC's Scope 1 emissions increased by 10.66%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are TechnipFMC's Scope 2 emissions?
In 2024, TechnipFMC reported Scope 2 greenhouse gas (GHG) emissions of 24,578 tCOâ‚‚e using the market-based method and 44,053 tCOâ‚‚e using the location-based method.a
Has TechnipFMC reduced its Scope 2 emissions over time?
Compared to the previous year(2023), TechnipFMC's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that TechnipFMC's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does TechnipFMC use for Scope 2 reporting?
In 2024, TechnipFMC reported its Scope 2 emissions using the market-based method and using the location-based method.a
TechnipFMC's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into TechnipFMC’s GHG Emissions Intensity Compared to Industry Peers
In 2024, TechnipFMC reported Scope 1 greenhouse gas (GHG) emissions of 260,348 tCOâ‚‚e and total revenues of USD 9,083 millions. This translates into an emissions intensity of 28.66 tCOâ‚‚e per millions USD.a
TechnipFMC's Scope 1 Emissions Intensity Compared to Peers
How does TechnipFMC's GHG emissions intensity compare to its peers?
In 2024, TechnipFMC reported a Scope 1 emissions intensity of 28.66 tCOâ‚‚e per millions USD. Compared to the peer group median of 23.3, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does TechnipFMC rank on GHG emissions intensity within its industry?
In 2024, TechnipFMC ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
TechnipFMC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a