Flsmidth
FLSmidth, a leading global engineering company headquartered in Denmark (DK), has been a pivotal player in the cement and minerals industries since its founding in 1882. With a strong presence in key operational regions including Europe, North America, and Asia, FLSmidth offers innovative solutions that enhance productivity and sustainability. The company specialises in the design and supply of equipment, systems, and services for the cement and mining sectors. Its core products, such as advanced crushing and grinding technologies, are distinguished by their efficiency and reliability. FLSmidth's commitment to sustainability and digitalisation has solidified its market position, making it a trusted partner for clients seeking to optimise their operations. Notable achievements include numerous industry awards and a reputation for pioneering environmentally friendly practices.
DitchCarbon Score
How does Flsmidth'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 Cement Production 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
Flsmidth's score of 48 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Flsmidth's reported carbon emissions
In 2023, FLSmidth reported total greenhouse gas emissions of approximately 117,368,460,000 kg CO2e, with Scope 1 emissions at about 13,533,000 kg CO2e, Scope 2 emissions at approximately 24,489,000 kg CO2e (market-based), and a significant Scope 3 total of about 117,330,438,000 kg CO2e. The company has set ambitious climate commitments, aiming to achieve carbon neutrality for its Scope 1 and Scope 2 emissions by 2030, with a target to reduce these emissions to zero. This commitment is part of a broader strategy that includes a 56% reduction in Scope 3 emissions per revenue from the use of sold products by the same year. FLSmidth's reduction initiatives are grounded in science-based targets, with a commitment to ensure that 30% of its suppliers by spend covering purchased goods and services will have science-based targets by 2025. The company is on track to achieve a 100% reduction in its absolute Scope 1 and 2 GHG emissions from a 2019 baseline by 2030. Additionally, FLSmidth plans to end its involvement in coal mining by 2030, further aligning its operations with sustainable practices. Overall, FLSmidth's climate strategy reflects a strong commitment to reducing its carbon footprint and contributing to global climate goals, with a focus on both direct and indirect emissions across its value chain.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 27,236,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 37,031,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 33,268,000 | - | 00,000,000 | 000,000,000,000 | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions 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.
Flsmidth is participating in some of the initiatives that 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.
