Atlas Copco

Industrial Machinery

ATCO-A.ST

SEK 179 (0.42)%

Share price

$ 81 bn

Market Cap

$ 87 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.02x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -9.3% weighted average for S&P 500

FY2022

Atlas Copco aims to reduce Scope 1 + 2 by 46% by 2030 from a base year 2019

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

In line with the +NaN% weighted average for S&P 500

FY2022

Atlas Copco aims to reduce Scope 3 by 28% by 2030 from a base year 2019

1.5°C

GHG emissions and Carbon intensity

Atlas Copco reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 52 Kt (-25 /-32.5% y-o-y). Also positively, carbon intensity plummeted to 4 t (-2.8 /-41.2% y-o-y).

Atlas Copco's Scope 3 emissions grew to 142 Kt (+18/+15% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 46% by 2030 from a base year 2019, which translates into the estimated reduction of -0.86 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 28% by 2030 from a base year 2019, which translates into the estimated reduction of -3.8 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	52	22	30	142	12,959	4
2020Q4	77	20	57	124	11,296	6.8
2019Q4	82	22	60	150	11,123	7.4
2018Q4	93	21	72	170	11,035	8.4
2017Q4	105	19	86	156	10,030	11
2016Q4		22		191	11,890
2015Q4		24		211	11,924