Primary Climate Goal
Fluor's target annual Scope 1 + 2 emissions for 2023 should be equal to 0 Kt = 0% * 46 Kt, according to the company's stated climate goal.
In order to achieve this goal, Fluor would need to reduce its emissions at least by -23 Kt per annum over the period from 2022 to 2023:
-23 Kt = ( 0 Kt - 46 Kt ) / (2023 - 2021)
This translates into a -50% 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.
Fluor aims to achieve net zero for Scope 1 + 2 by 2023
Science Based Targets initiative
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
Fluor reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 46 Kt (-0.34 /-0.7% y-o-y). At the same time, carbon intensity soared to 3.7 t (+0.4/+12% y-o-y).
Fluor's Scope 3 emissions declined to 9.3 Kt (
The company is committed to achieving net zero for Scope 1 + 2 by 2023, which translates into the estimated reduction of -23 Kt per annum over the period of FY2022 - FY2023. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.