Enabling the transformation to a low-carbon society

Fully committed to being part of the solution for a better tomorrow, we have set science-based targets to reduce greenhouse gas emissions in line with the goals of the Paris Agreement.
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Innovation stories

Do you want to learn about our innovations? How operators benefit from our ergonomic equipment or how we secure a minimal impact on the environment?
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Our annual Industrial Ideas magazine

features stories about how we innovate for a sustainable future and push technology and society forward together with our customers.
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Group targets


At Atlas Copco Group, we set ambitious targets to achieve sustainable, profitable growth. An integrated sustainable strategy, backed by ambitious targets and long-term commitments, helps us deliver greater value to all stakeholders in a way that is economically, environmentally and socially responsible.

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Group targets 2022-2024

Explore our targets for the current business cycle.

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Group targets 2025-2027

Explore our targets for the upcoming business cycle.

Group targets 2022-2024

View our targets for the current business cycle and our progress during the last three years. Some targets include our long-term commitments for 2030.

 

FINANCIAL

      Target
Revenue growth measured over a business cycle       8% per annum
Sustained high return on capital employed by constantly striving for operational excellence and generating growth        
Earnings as dividends to shareholders       About 50%
 

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%

 

Group targets 2025-2027

View our targets for the upcoming business cycle, including our long-term commitments for 2030 and beyond.

Atlas Copco Group target areas

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Finance

Guided by our mission to achieve sustainable, profitable growth, we create lasting value for all stakeholders.

 

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Environment

Guided by a climate transition plan and circular principles, our technology enables the transformation to a low-carbon society.

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Social

Guided by our commitment to diversity and inclusion, we cultivate an environment where all employees can thrive, grow and feel a sense of belonging.

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Governance

Guided by a strong corporate culture that encourages us to act, we collaborate with business partners to have a positive impact on society.

Financial targets

Guided by our mission to achieve sustainable, profitable growth, we create lasting value for all stakeholders. 

Topic

Key Performance Indicators (KPI)

Target

Financial value creation Revenue growth measured over a business cycle 8% per annum
Sustained high return on capital employed by constantly striving for operational excellence and generating growth  
Earnings as dividends to shareholders About 50%

Environmental targets

Guided by a climate transition plan and circular principles, our technology enables the transformation to a low-carbon society.

Topic

Key Performance Indicators (KPI)

Target

Target year

Climate Reduce CO2e emissions (tonnes) from scopes 1 and 2, compared to the base year 2019* -46% 2030
Reduce CO2e emissions (tonnes) from scope 3, compared to the base year 2019* -28% 2030
Develop a climate transition plan and set long-term climate targets beyond 2030 for scope 1, 2 and 3 Plan in place by end of 2026 2026
Projects for new and redesigned products with targets for reduced carbon impact 100% Annually
Circularity Projects for new and redesigned products with applied circularity principles according to internal guidelines 100% 2027
Reuse, recycle or recover waste from internal operations 100% 2030
Resource efficiency in sourcing Increase share of significant direct suppliers with an approved environmental management system Continuous increase Annually

Social targets

Guided by our commitment to diversity and inclusion, we cultivate an environment where all employees can thrive, grow and feel a sense of belonging.

Topic

Key Performance Indicators (KPI)

Target

Target year

Diversity and inclusion Increase share of women employees* 30% 2030
Increase share of women in leadership positions* 25% 2030
Employees agree that they feel a sense of belonging in the company Above the global benchmark and a continuous increase Bi-annually
Employees agree we have a work culture of respect, fairness and openness Above the global benchmark and a continuous increase Bi-annually
Learning and development Employees agree there is opportunity to learn and grow in the company Above the global benchmark and a continuous increase Bi-annually
Safety, health and well-being Employees agree that the company takes a genuine interest in their well-being Continuous increase Bi-annually
Decrease number of recordable injuries per million working hours Continuous decrease Annually
Community engagement Enable the continued successful implementation of our employee-driven community engagement initiative Water for All and continue to double-match employee donations Not applicable Continuously

Governance targets

Guided by a strong corporate culture that encourages us to act, we collaborate with business partners to have a positive impact on society.

Topic

Key Performance Indicators (KPI)

Target

Target year

Employee commitment Employees have signed the Group’s Code of Conduct compliance statement 100% Annually
Employees have participated in the Group’s Code of Conduct classroom training 100% Bi-annually
Employees in selected target groups have participated in training in trade compliance and fair-competition 100% Alternating years
Business partner commitment Significant suppliers have confirmed compliance with the Group’s Code of Conduct by signing our Business Partner Criteria 100% Annually
Significant distributors have confirmed compliance with the Group’s Code of Conduct by signing our Business Partner Criteria 100% Annually
Significant direct material suppliers engaged in assessment on environmental, social and governance aspects Targets (%) to be defined as part of three-year plan target setting 2027
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Our climate commitments

We have set science-based targets to reduce greenhouse gas emissions in line with the Paris Agreement.

Learn more about our science-based targets

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Consulting our stakeholders

Atlas Copco Group regularly conducts a materiality analysis to learn what topics are of most interest and concern to our stakeholders.

Learn more about our priorities as a Group

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