Epiroc

Epiroc, headquartered in Sweden and operating in the chemical and fertilizer minerals, salt, and other mining and quarrying products sector, has set ambitious climate targets.

For 2024, Epiroc reported total Scope 1, 2, and 3 emissions of approximately 6.65 billion kg CO2e. This includes Scope 1 emissions of approximately 30 million kg CO2e (including 18 million kg CO2e from mobile combustion and 1 million kg CO2e from stationary combustion), Scope 2 market-based emissions of about 20 million kg CO2e (with location-based Scope 2 emissions at approximately 36 million kg CO2e), and Scope 3 emissions of approximately 6.6 billion kg CO2e (including 5.709 billion kg CO2e from the use of sold products and 770 million kg CO2e from purchased goods and services).

In 2023, Epiroc's total Scope 1, 2, and 3 emissions were approximately 6.699 billion kg CO2e. This comprised Scope 1 emissions of around 10 million kg CO2e (including 19 million kg CO2e from mobile combustion and 1 million kg CO2e from stationary combustion), Scope 2 market-based emissions of about 17 million kg CO2e (with location-based Scope 2 emissions at approximately 32 million kg CO2e), and Scope 3 emissions of approximately 6.672 billion kg CO2e (including 5.653 billion kg CO2e from the use of sold products and 919 million kg CO2e from purchased goods and services).

Looking back to 2019, Epiroc's total Scope 1, 2, and 3 emissions were approximately 7.25 billion kg CO2e. This included Scope 1 emissions of about 39 million kg CO2e (with 22 million kg CO2e from mobile combustion), Scope 2 market-based emissions of roughly 53 million kg CO2e (with location-based Scope 2 emissions at approximately 58 million kg CO2e), and Scope 3 emissions of about 7.158 billion kg CO2e (including 6.304 billion kg CO2e from the use of sold products and 694 million kg CO2e from purchased goods and services).

Epiroc has committed to several significant climate targets validated by the Science Based Targets initiative (SBTi). The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, using a 2019 base year. Additionally, Epiroc commits to reducing absolute Scope 3 GHG emissions from the use of sold products by 50% over the same timeframe. These near-term targets are classified as consistent with keeping global warming to 1.5°C. Epiroc also has a long-term ambition for net-zero CO2e emissions by 2050 across all scopes.