Fomento De Construcciones Y Contratas Sustainability Profile
Fomento de Construcciones y Contratas (FCC) is a leading Spanish multinational company headquartered in Madrid, Spain. Established in 1900, FCC has evolved into a prominent player in the construction and services industry, with significant operations across Europe, North America, and Latin America. The company focuses on various sectors, including construction, environmental services, and water management, offering innovative solutions that set it apart in the market. With a commitment to sustainability and efficiency, FCC provides a range of core services, such as urban waste management and infrastructure development. The company has achieved notable milestones, including participation in major infrastructure projects and a strong market position as a trusted provider in its field. FCC's dedication to quality and innovation continues to drive its success and reputation in the global construction landscape.
DitchCarbon Score
How does Fomento De Construcciones Y Contratas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Fomento De Construcciones Y Contratas's score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fomento De Construcciones Y Contratas's reported carbon emissions
In 2024, Fomento De Construcciones Y Contratas (FCC) reported total carbon emissions of approximately 4,212,870 kg CO2e. This includes Scope 1 emissions of about 4,177,120,000 kg CO2e, Scope 2 emissions of approximately 35,750,000 kg CO2e (market-based), and Scope 3 emissions of around 1,393,705,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 10% reduction in Scope 1 and Scope 2 emissions by 2030, using 2017 as the baseline year. Additionally, FCC is targeting Net Zero Carbon Emissions by 2040, implementing a 5% annual reduction based on 2019 levels for both Scope 1 and Scope 2 emissions. Furthermore, the company aims to achieve climate neutrality across all scopes by 2050. FCC's emissions data is cascaded from its parent company, Fomento de Construcciones y Contratas, S.A., ensuring a comprehensive approach to sustainability and climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,165,274,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 768,792,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Fomento De Construcciones Y Contratas's Industry?
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Fomento De Construcciones Y Contratas's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 25% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 70% of Scope 3 emissions.
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Fomento De Construcciones Y Contratas's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fomento De Construcciones Y Contratas has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
