We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

We have a new identity for the Atlas Copco Group

The Atlas Copco Group logo on a white background

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.
Thumbnail image for a video introducing our science-based targets

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.
Thumbnail image for a video introducing our science-based targets

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.
Thumbnail image for a video introducing our science-based targets

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.
Thumbnail image for a video introducing our science-based targets

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.
Thumbnail image for a video introducing our science-based targets

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.
Thumbnail image for a video introducing our science-based targets

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.
Thumbnail image for a video introducing our science-based targets

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.
Thumbnail image for a video introducing our science-based targets

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

Are you up for a challenge?

Join us on an interactive journey to learn more about our culture.
Atlas Copco colleagues in discussion.

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?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

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?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

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?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

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?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

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?
Corporate people observing parts of products in the field, cover image, ideas, backlight, touch screen

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.
Atlas Copco's Industrial Ideas magazine

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.
Atlas Copco's Industrial Ideas magazine

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.
Atlas Copco's Industrial Ideas magazine

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.
Atlas Copco's Industrial Ideas magazine

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.
Atlas Copco's Industrial Ideas magazine
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Climate and environment

We look for any way in which we can reduce our impact on the environment and set targets that put focus on specific areas for improvement and action. 

Our climate and environment targets

Climate change presents a huge threat to society and in 2021, we significantly raised our ambitions by committing to reducing greenhouse gas emissions throughout our value chain in line with the goals of the Paris Agreement.

 

For Atlas Copco Group’s own operations, this means that we aim to reduce emissions in line with keeping the global temperature rise below 1.5 degrees. We will also reduce the emissions from our value chain in line with keeping the temperature rise well below 2-degrees.

Hydrogen powered electric charging car

The targets have been validated by the Science Based Targets initiative and have been implemented during 2022.

 

CLIMATE & ENVIRONMENT 2022 2021 2022 Target
Reduction in line with the 1.5 degree warming trajectory in CO2 e 1) 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 1) 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 2) 8.4 _ _ Continuous decrease
Reused, recycled or recovered waste from internal operations 2) 92% _ _ 100% by 2030

Following up our progress

Reducing emissions in our own operations

In 2022, the CO2 emissions from our own operations were 33% lower than in the baseline year, 2019. Addressing emissions from our company vehicles provides further opportunities for reductions.

Reducing emissions in our value chain

In 2022, the absolute emissions in scope 3 were 29% higher than in the baseline year. The main reason for this was increased sales, but the availability of renewable energy to our customers has also been lower than we expected.

Waste management

Most of our waste is constituted by scrap metal and the vast majority is reused or recycled. This share has been consistently high for many years. Our new target is that by 2030, we shall reuse, recycle or recover 100% of all our waste. 

 

Our sustainability performance 1)

EMISSIONS, ALL OPERATIONS 2) base year (2019) 2020 2021 2022
Scope 1: Direct CO2e emissions (’000 tonnes) 3) 4) 75 75 79 77
Scope 2: Indirect CO2e emissions (’000 tonnes) 3) 4) 87 83 56 31
Scope 1+2: CO2e emissions (’000 tonnes) 3) 4) 162 158 135 108
Scope 2: Location-based indirect CO2e emissions (’000 tonnes) 3) 4) _ _ _ 138
Scope 3: Other indirect CO2e emissions (’000 tonnes) 3) 4) 170 634 172 279 179 393 219 822
Scope 1+2: CO2e emissions/COS (tonnes) 3) 4) 7) 3.0 3.0 2.3 1.5
Scope 3: CO2e emissions/COS (tonnes) 3) 4) 7) 3 141 3 226 3 016 2 962
ENVIRONMENT, ALL OPERATIONS 2) 2020 2021 2022
Renewable energy for operations, % of total energy use 5) _ _ 58.0
Direct energy use in GWh 5) 6) _ _ 159
Indirect energy use in GWh 5) 6) _ _ 359
Total energy use in GWh 5) 6) _ _ 518
Total energy use in MWh/COS 5) 6) 7) _ _ 7.0
Total waste in ’000 kg _ _ 54 855
Waste (in kg)/COS 7) _ _ 739
Reused, recycled or recovered waste, % _ _ 92
Water consumption in ’000 m3 _ _ 624
Water consumption (m3)/COS 7) _ _ 8.4
ENVIRONMENT, PRODUCTION AND DISTRIBUTION UNITS 2020 2021 2022
Renewable energy for operations, % of total energy use 44 58 67
Direct energy use in GWh 5) 100 115 108
Indirect energy use in GWh 5)  251 270 283
Total energy use in GWh 5)  351 385 391
Total energy use in MWh/COS 5) 7) 6.6 6.5 5.3
Total waste in ’000 kg 31 036 35 071 39 112
Waste (in kg)/COS 7) 581 590 527
Reused, recycled or recovered waste, % 93 93 94
Water consumption in ’000 m3 384 395 403
Water consumption (m3)/COS 7) 7.2 6.6 5.4

1) Calculations according to GRI Standard Guidelines, www.globalreporting.org

2) All operations include all entities

3) CO2e stands for carbon dioxide equivalent emissions

4) The reporting of greenhouse gas emissions is done in accordance with the GHG Protocol (ghgprotocol.org). Country factors used for energy come from the International Energy Agency. Scope 2 is presented both as market-based and location-based according to the GHG Protocol. A market-based approach has been applied unless otherwise stated. Factors from NTM (transportmeasures.org) are used for transport of goods when emission data is not provided by the transport company.

Scope 1 includes direct energy in own operations and fuel used in company vehicles. Scope 2 includes indirect energy from own operations and electricity from company vehicles. Scope 3 includes GHG emissions upstream and downstream in the value chain.

Out of scope emissions data for direct CO2 emissions from biologically sequestered carbon (e.g. CO2 from burning biomass/biofuels) was 3 561 tonnes in 2022.

5) Energy use excludes fuel and energy from company vehicles.

6) Total energy includes both indirect and direct energy used. Atlas Copco Group does not report cooling or steam separately. The calculation of direct energy, i.e. energy generated by the company for its own production or operation, comprises all fuels used on the sites, including diesel, oil, biofuel, gasoline, solar, geothermal, propane and natural gas.

7) Operating costs include cost of sales, marketing expenses, administration expenses, research and development expenses, other operating

expenses, deducted for employee wages and benefits. COS, when presented in relation to sustainability information, refers to cost of sales at standard cost in MSEK.

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