Primary Climate Goal
FMC Corporation's target annual all Scopes emissions for 2035 should be equal to 0 Kt = 0% * 5,290 Kt, according to the company's stated climate goal.
In order to achieve this goal, FMC Corporation would need to reduce its emissions at least by -378 Kt per annum over the period from 2022 to 2035:
-378 Kt = ( 0 Kt - 5,290 Kt ) / (2035 - 2021)
This translates into a -7.1% reduction in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
FMC Corporation aims to achieve net zero for all Scopes by 2035
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
FMC Corporation reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 2,728 Kt (+2,576/+1695% y-o-y). At the sime time, carbon intensity declined marginally to 33 t (-0.3 /-0.9% y-o-y).
FMC Corporation's Scope 3 emissions increased to 2,562 Kt (
The company is committed to achieving net zero for all Scopes by 2035, which translates into the estimated reduction of -378 Kt per annum over the period of FY2022 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.