Epiroc AB

Industrial Machinery

EPI-A.ST

SEK 191 (0.47)%

Share price

$ 22 bn

Market Cap

$ 23 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.05x 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

Epiroc AB aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019

1.5°C

GHG emissions and Carbon intensity

Epiroc AB reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 42 Kt (+10/+31% y-o-y). Carbon intensity also jumped to 9.1 t (+1.3/+17% y-o-y).

Epiroc AB's Scope 3 emissions tumbled to 83 Kt (-22 /-21% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-13.4% CAGR).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -2.8 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 (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	42	6	36		4,632	9.1
2020Q4	32	5	27	83	4,089	7.8
2019Q4	34	6	28	105	4,379	7.8
2018Q4	39	6	33	128	4,430	8.8
2017Q4	37	6	31	114	3,673	10
2016Q4	36	6	30	92
2015Q4	39	7	32	100

Epiroc AB

Carbon footprint

Primary Climate Goal

Epiroc AB aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019

GHG emissions and Carbon intensity

Epiroc AB's carbon footprint

Company environmental metrics