Group target results
Atlas Copco Group sets ambitious targets to deliver sustainable, profitable, inclusive growth. The targets have different time horizons: annual, three-year, over a business cycle, and by 2030 for the more long-term ambitions.
Sustainability plays a central role in the Group’s vision and is an integral part of the 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.
| OUR TARGETS | ||||
| CLIMATE AND ENVIRONMENT | 2023 | 2022 | 2021 | Target |
| Reduction in line with the 1.5 degree warming trajectory in CO2e1) emissions (tonnes) from scopes 1 & 2, compared to the baseline 2019 | -38% | -35%2) | -21%2) | -46% by 2030 |
| Reduction in line with the well-below 2 degrees warming trajectory in CO2e1) emissions (tonnes) from scope 3, compared to the baseline 2019 | +28% | +19%2) | +3%2) | -28% by 2030 |
| Significant direct suppliers with an approved environmental management system | 31% | 31% | 31% | Continuous increase |
| Water consumption (m3) in relation to cost of sales3) | 7.5 | 8.4 | _ | Continuous decrease |
| Reused, recycled or recovered waste from internal operations3) | 91% | 92% | _ | 100% by 2030 |
| Projects for new and redesigned products with targets for reduced carbon impact | 95% | 97% | 98% | 100% |
| Group-common methodology for assessing the circulatiry of new or redesigned products | _ | _ | _ | In place by 2024 |
| EMPLOYEES | 2023 | 2022 | 2021 | Target |
| Female employees, at year end | 22.0% | 21.6% | 20.9% | 30% by 2030 |
| Employees agree that they feel a sense of belonging at the company 4) 5) | 77 | _ | _ | Above the global benchmark (73, 76 and 72) and a continuous increase |
| Employees agree we have a work culture of respect, fairness and openness 4) | 76 | _ | 76 | |
| Employees agree there is opportunity to learn and grow in the company 4) | 75 | _ | 73 | |
| Employees agree that the company takes a genuine interest in their wellbeing 4) | 74 | _ |
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 | Yes | Yes | Yes | A balanced safety pyramid |
| BUSINESS CONDUCT | 2023 | 2022 | 2021 | Target |
| Employees sign the Group’s Code of Conduct compliance statement annually | 99% | 99% | 98% | 100% |
| New employees participate in the Group's ethics training within 12 months of joining the company, starting 2023 5) | 94% | _ | _ | 100% |
| Employees participate in the Group's biennial ethics training, starting 2023 5) | 99% | _ | _ | 100% |
| Significant suppliers confirm compliance with the Group's Code of Conduct | 90% | 93% | 93% | 100% |
| Significant distributors confirm compliance with the Group's Code of Conduct | 94% | 92% | 87% | 100% |
1) CO2e stands for carbon dioxide equivalent.
2) GHG emissions restated in 2023. See page 42 in our Annual Report 2023 for details.
3) New and extended scope from 2022, incl. all operations.
4) Measured every two years through the employee survey. Scores based on scale 0–100 where 0 is “strongly disagree” and 100 is “strongly agree”.
5) First measurement done in 2023.
