Flsmidth

FLSmidth, headquartered in Denmark and operating in Mining Machinery and Equipment Manufacturing, reported total emissions of approximately 63.3 billion kg CO2e in 2025. This included around 11.2 million kg CO2e from Scope 1 emissions, 16 million kg CO2e from market-based Scope 2 emissions, and approximately 63.3 billion kg CO2e from Scope 3 emissions. A significant portion of the Scope 3 emissions in 2025 came from the use of sold products (61.8 billion kg CO2e) and purchased goods and services (1.5 billion kg CO2e).

In 2024, the company's total emissions were approximately 58.5 billion kg CO2e, comprising around 11.5 million kg CO2e in Scope 1, 18.4 million kg CO2e in market-based Scope 2, and 58.4 billion kg CO2e in Scope 3. For 2019, FLSmidth reported total Scope 1 emissions of approximately 18.8 million kg CO2e, market-based Scope 2 emissions of approximately 30.3 million kg CO2e, and Scope 3 emissions of about 226.8 billion kg CO2e, with a large contribution from the use of sold products (225.2 billion kg CO2e) and purchased goods and services (1.6 billion kg CO2e).

FLSmidth has committed to significant climate action through Science Based Targets initiative (SBTi) approved targets. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 80% by 2030 from a 2019 base year, and reducing absolute Scope 3 GHG emissions by 30% within the same timeframe. For long-term targets, FLSmidth commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe. Previously, FLSmidth also aimed to reduce its Scope 1 and 2 emissions to 0 and achieve carbon neutrality by 2030, and reduce CO2 emissions by 10% by 2023 from a 2017 baseline for both Scope 1 and Scope 2.