Public Profile

Technipfmc

TechnipFMC, a leading global provider of technology and services for the energy industry, is headquartered in Great Britain. Founded in 2017 through the merger of Technip and FMC Technologies, the company has established a strong presence in key operational regions, including Europe, North America, and Asia-Pacific. Specialising in subsea, onshore, and offshore projects, TechnipFMC offers a unique blend of innovative solutions and advanced technologies. Their core services encompass project management, engineering, and construction, making them a pivotal player in the oil and gas sector. With a commitment to sustainability and efficiency, TechnipFMC has achieved notable milestones, including significant advancements in subsea production systems. The company’s market position is reinforced by its extensive portfolio and a reputation for delivering high-quality, reliable services to clients worldwide.

DitchCarbon Score

How does Technipfmc'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.

11

Industry Average

Mean score of companies in the Gas/Diesel Oil 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.

12

Industry Benchmark

Technipfmc's score of 11 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

Technipfmc's reported carbon emissions

In 2023, TechnipFMC reported total carbon emissions of approximately 266,429,000 kg CO2e, comprising 235,263,000 kg CO2e from Scope 1 and 31,166,000 kg CO2e from Scope 2 emissions. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Over the years, TechnipFMC has shown a trend of fluctuating emissions. For instance, in 2022, their total emissions were about 282,828,000 kg CO2e, with Scope 1 emissions at 247,473,000 kg CO2e and Scope 2 at 35,355,000 kg CO2e. In 2021, the total emissions were approximately 278,979,000 kg CO2e, indicating a slight decrease in emissions in 2022 and 2023 compared to previous years. The company has disclosed emissions data for Scopes 1 and 2, but there is no available information on Scope 3 emissions for 2023. TechnipFMC's commitment to reducing its carbon footprint remains unclear due to the absence of specific reduction targets or climate pledges. As a leader in the energy sector, TechnipFMC's ongoing efforts to address climate change will be crucial in aligning with global sustainability goals.

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201220132014201820192020202120222023
Scope 1
460,252,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
45,153,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
000,000,000
000,000,000
000,000,000
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Technipfmc's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Technipfmc is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Technipfmc is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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