TechnipFMC

Oil & Gas Equipment & Services

FTI

$ 19 0.96

Share price

$ 8.2 bn

Market Cap

$ 9.7 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.82x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

FY2022

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This target is most likely outdated and the company appears to have already achieved it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

GHG emissions and Carbon intensity

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.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	279	238	41	6,404	44
2020Q4	338	292	46	6,531	52
2019Q4	299	256	43	13,409	22
2018Q4	643	574	69	12,553	51
2017Q4	677	483	193	15,057	45