Target results
Atlas Copco Group sets ambitious targets to deliver sustainable, profitable growth. The targets have different time horizons: annual, three-year, over a business cycle, and by 2030 for more long-term ambitions.
Sustainability plays a central role in Atlas Copco Group’s vision and is an integral part of the Group’s mission. An integrated sustainable strategy, backed by ambitious targets, helps the company deliver greater value to all stakeholders in a way that is economically, environmentally and socially responsible.
| PEOPLE | 2022 | 2021 | 2020 | Target |
| Female employees, at year end | 21.6% | 20.9% | 20.0% | 30% by 2030 |
| Employees agree that they feel a sense of belonging at the company 1) 2) | _ | _ | _ | Above the global benchmark and a continuous increase |
| Employees agree we have a work culture of respect, fairness and openness 1) | _ | 76 | _ | |
| Employees agree there is opportunity to learn and grow in the company 1) | _ | 73 | _ | |
| ETHICS | 2022 | 2021 | 2020 |
Target |
| Employees sign the Group’s Code of Conduct 3) compliance statement annually | 99% | 98% | 99% | 100% |
| New employees participate in the Group’s ethics training within 12 months of joining the company, starting 2023 2) | _ | _ | _ | 100% |
| Employees participate in the Group’s biennial ethics training, starting 2023 2) | _ | _ | _ | 100% |
| Significant suppliers confirm compliance with the Group’s Code of Conduct 3) | 93% | 93% | 93% | 100% |
| Significant distributors confirm compliance with the Group’s Code of Conduct 3) | 92% | 87% | 84% | 100% |
| SAFETY & WELLBEING | 2022 | 2021 | 2020 |
Target |
| Employees agree that the company takes a genuine interest in their well-being 1) | _ |
73 | _ |
Continuous increase |
| Balanced safety pyramid = more reports of risk observations than near misses, more reports of near misses than minor injuries, and more or equal reports of minor injuries relative to recordable injuries 4) | Yes | Yes | Yes | A balanced safety pyramid |
| CLIMATE & ENVIRONMENT | 2022 | 2021 | 2020 |
Target |
| Reduction in line with the 1.5 degree warming trajectory in CO2 e 5) emissions (tonnes) from scopes 1 & 2, compared to the baseline 2019 | –33% | –17% | –2% | –46% by 2030 |
| Reduction in line with the well-below 2 degrees warming trajectory in CO2 e 5) emissions (tonnes) from scope 3, compared to the baseline 2019 | +29% | +5% | +1% | –28% by 2030 |
| Significant direct suppliers with an approved environmental management system | 31% | 31% | 30% | Continuous increase |
| Water consumption (m3) in relation to cost of sales 6) | 8.4 | _ | _ | Continuous decrease |
| Reused, recycled or recovered waste from internal operations 6) | 92% | _ | _ | 100% by 2030 |
| PRODUCTS & SERVICE | 2022 | 2021 | 2020 | Target |
| Projects for new and redesigned products with targets for reduced carbon impact | 97% | 98% | _ | 100% |
| Group-common methodology for assessing the circularity of new or redesigned products | _ | _ | _ | In place by 2024 |
1) Measured every two years through the employee survey.
2) First measurement will be done in 2023.
3) Previously referred to as the Business Code of Practice.
4) Risk observations are included in the safety pyramid as of 2021.
5) CO2 e stands for carbon dioxide equivalent.
6) New and extended scope from 2022, including all operations.
Our focus areas and related targets
