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Fluence, officially known as Fluence Energy, Inc., is a leading provider in the insurance and pension funding services sector, excluding compulsory social security services. Headquartered in the United States, the company operates primarily across North America and has established a significant presence in the global energy market since its founding in 2018.
Fluence focuses on delivering innovative energy storage solutions and advanced software for energy management, setting itself apart with its unique approach to integrating renewable energy sources. The company has achieved notable milestones, including partnerships with major utilities and a strong market position as a trusted provider of energy storage technology. With a commitment to sustainability and efficiency, Fluence continues to shape the future of energy management and storage solutions.
+45 vs industry average
Fluence’s score of 84 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Fluence reported total greenhouse gas emissions of approximately 695.3 million kg CO2e in 2024. This total includes Scope 1 emissions of 20,000 kg CO2e, Scope 2 emissions (market-based) of 1.2 million kg CO2e, and Scope 3 emissions of approximately 694.1 million kg CO2e. Key contributors to Scope 3 emissions in 2024 were purchased goods and services (600.9 million kg CO2e) and end-of-life treatment of sold products (52.3 million kg CO2e). For comparison, in 2023, Fluence's total emissions were about 546.4 million kg CO2e, comprising 19,000 kg CO2e for Scope 1, 2.7 million kg CO2e for Scope 2, and 543.7 million kg CO2e for Scope 3.
Fluence is committed to transitioning to 100% EPA Clean Trucks by fiscal year 2028 in North America, a target that impacts both Scope 1 and Scope 2 emissions. Fluence Energy, Inc. is a current subsidiary of Siemens Aktiengesellschaft, and some climate initiatives such as SBTi, RE100, and RTZ targets are cascaded from Siemens Aktiengesellschaft.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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