TechnipFMC

Oil & Gas Equipment & Services
FTI
$ 8.4 (6.8)%
Share price
$ 3.8 bn
Market Cap
$ 5.5 bn
Enterprise Value

Carbon footprint

51 Ton
GHG emissions per $ 1 mln investment
1.3x the weighted average for S&P 500
FY2021
How is this calculated?
-18%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+2.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2022
How is this calculated?

TechnipFMC aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2017

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
TechnipFMC's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

TechnipFMC's GHG emissions (location-based) (Kt of CO2e)
TechnipFMC's Carbon intensity (Tons per 1 USDm)

TechnipFMC's carbon footprint

TechnipFMC reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 279 Kt (-59 /-17.5% y-o-y). Also positively, carbon intensity declined to 44 t (-8.2 /-15.8% y-o-y).

No public disclosure of Scope 3 emissions has been found for TechnipFMC at the moment.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2017, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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