Environmental data

Emissions in our own operations

In 2024, the CO₂ emissions from our own operations were 40% lower than in the baseline year, 2019. An increased share of renewable electricity, together with a lower carbon intensity in some markets, contributed to this reduction.

Emissions in our value chain

In 2024, the absolute emissions in scope 3 were 15% higher than in the baseline year. This is mainly due to increased sales. Our efforts to drive the product mix in favor of lower emissions and improvements in carbon intensity on some important customer markets are not yet balancing the increase in sales. The development and availability of low carbon energy in our customers' markets is critical to achieving further reductions.

Waste management

Reducing waste is important to decrease the total environmental impact from our production and increase resource efficiency. Most of our waste constitutes of scrap metal, most of which is reused or recycled. Other materials present in the waste are for example plastics and cardboard from incoming packaging.

Electrically powered Group products sold into the EU fall under the EU Waste Electrical and Electronic Equipment (WEEE) Directive. This includes compressors, vacuum pumps, handheld electric tools and monitoring control instruments. The Group is responsible for, and arranges with customers, the correct disposal of products that fall under the directive.

Waste and water
Energy
Greenhouse gas emissions (GHG)

Waste from own operations (tonnes)	2024	2023	2022
Total waste	60 796	57 598	54 855
Waste diverted from disposal	55 576	52 560	50 378
Preparation for reuse	2 317	1 699	1 674
Recycling	45 216	41 117	39 580
Other recovery operations	8 043	9 744	9 124
Specification:
Hazardous waste diverted from disposal	12 445	-	-
Non-hazardous waste diverted from disposal	43 131	-	-
Waste directed to disposal	5 220	5 038	4 477
Incineration	351	-	-
Landfill	4 465	-	-
Other disposal operations	404	-	-
Specification:
Hazardous waste directed to disposal	1 530	-	-
Non-hazardous waste directed to disposal	3 690	-	-

Waste from own operations specifications	2024	2023	2022
Non-recycled/non-reused waste (tonnes)	13 263	14 782	13 601
Non-recycled/non-reused waste (%)	22%	26%	25%
Reused, recycled, recovered %	91%	91%	92%
Total hazardous waste (tonnes)	13 975	12 251	11 147
_{Main changes in presentation compared to annual report of previous year:} _{- More detailed categorization of waste disposal methods and hazardous waste.} _{- Some details not available prior to 2024.}

Water	2024	2023	2022
Water consumption (m³)/in relation to cost of sales*	7.4	7.5	8.4
^{Cost of sales in relation to sustainability information, refers to cost of sales at standard cost in MSEK.}*

Energy consumption, MWh	2024	2023	2022
Own facilities	533 859	531 414	517 906
Direct energy	156 474	153 441	159 236
Indirect energy	377 385	377 973	358 670
Company vehicles	248 877	225 452	180 458
Direct energy	246 986	222 097	179 928
Indirect energy	1 891	3 355	530
Total energy	782 736	756 866	698 364
Direct energy	403 460	375 538	339 164
Indirect energy	379 276	381 328	359 200
Energy / revenue
Total energy / revenue (MSEK)	4.4	4.4	4.9
_{The Group does not report cooling or steam separately. Direct energy, i.e. energy generated by the company for its own production or operation (on site or by company vehicles) includes diesel, oil, biofuel, gasoline, solar, geothermal, propane and natural gas. Indirect energy, i.e. energy purchased externally by the company, includes electricity (97%) and district heating (3%) used at the sites or by company vehicles. Main changes in presentation compared to the annual report of previous year: Energy is presented in MWh instead of GWh. Energy from company vehicles is included. Energy is reported in relation to revenue instead of cost of goods sold.}

Renewable energy sources, %	2024	2023	2022
Own facilities	64%	61%	56%
Company vehicles	5%	4%	4%
Total	45%	44%	42%
_{The share of renewable energy does not include “renewable of mix” for indirect energy, as reported previous years, only fully renewable indirect energy supported by renewable energy certificates or contractual agreement.}

GHG emissions
GHG / revenue (MSEK)
Restatement specification

GHG emissions (restated value)
(CO₂e) '000 tonnes	2024	2023	2022	Retrospective base year 2019	% change 2024 vs. 2023	% change vs. base year	Milestones and target years 2030
Scope 1 GHG emissions
Gross Scope 1	91	89	92	97	+2	-6
Scope 2 GHG emissions
Gross location-based Scope 2	145	146	144	-	0	-
Gross market-based Scope 2	23	30	36	92	-23	-75
Scope 1+2 GHG emissions
Scope 1+2 (market based)	114	119	128	189	-4	-40	-46%
Scope 3 GHG emissions
Total Gross indirect (Scope 3)	224 213	247 894	232 229	194 864	-10	+15	-28%
Purchased goods and services	3 283	3 757	4 111	3 060	-13	+7
Use of sold products	218 027	241 294	225 220	189 959	-10	+15
Leased assets downstream	2 443	1 668	1 541	1 086	+8	+54
Other categories	460	486	512	502	-5	-8
Total GHG emissions
Total GHG emissions (location based)	224 449	248 129	232 465	-	-10	-
Total GHG emissions (market based)	224 327	248 013	232 357	195 053	-10	+15

Comments to GHG emissions data
The reporting of greenhouse gas emissions is done in accordance with the GHG Protocol (ghgprotocol.org). Country factors used for energy come from the International Energy Agency. Scope 2 is presented both as market-based and location-based according to the GHG Protocol. A market-based approach has been applied unless otherwise stated. Factors from NTM (transportmeasures.org) are used for transport of goods when emission data is not provided by the transport company. Scope 1 includes direct energy in own operations and fuel used in company vehicles. Scope 2 includes indirect energy from own operations and electricity from company vehicles. Scope 3 includes GHG emissions upstream and downstream in the value chain. Out of scope emissions data for direct CO₂ emissions from biologically sequestered carbon (e.g. CO₂ from burning biomass/biofuels) was 4 388 tonnes in 2024. CO₂e stands for carbon dioxide equivalents. Calculations according to GRI Standard Guidelines,www.globalreporting.org.

GHG emissions* / revenue (MSEK)
(CO₂e) '000 tonnes	2024	2023	2022	Retrospective base year 2019	% change 2024 vs. 2023	% change vs. base year
Scope 1+2 (market based) GHG emissions / revenue	0.65	0.65	0.83	1.63	0	-60
Scope 3 GHG emissions (CO2e) tonnes / revenue	1 268	1 430	1 612	1 844	-11	-31
Total GHG emissions (market based) / revenue	1 269	1 431	1 613	1 845	-11	-31
Total GHG emissions (location based) / revenue	1 270	1 431	1 613	-	-11	-
_{* Historic data has not been restated for acquisitions.}

GHG emissions restatement specification
(CO₂e) '000 tonnes	2023	2022	Base Year 2019
Scope 1+2 GHG emissions
Initial reported Scope 1+2	113	108	162
Adjustment to Scope 1+2	6	9	18
Restated Scope 1+2	119	117	180
Scope 3 GHG emissions
Initial reported Scope 3	250 528	219 822	170 634
Adjustment to Scope 3	-2 634	13 375	24 602
Restated Scope 3	247 894	233 197	195 236

Atlas Copco Group has developed guidelines for restatements that applies to our GHG reporting related to the company’s science-based targets and the corresponding baseline. Base year emissions shall be retroactively recalculated to reflect changes in the company that would otherwise compromise the consistency and relevance of the reported GHG emissions and targets. The need for restatements is reviewed, by the divisions, on an annual basis. The restatement guideline is based on the GHG protocol corporate standards. Factors that trigger restatements: 1) structural changes in the reporting organization that have a significant impact on the company’s base year emissions, including: mergers, acquisitions, divestments, outsourcing and insourcing of emitting activities affecting the Group emissions, 2) changes in calculation methodology or improvements in the accuracy of emission factors or any other operational data that result in a significant impact on the base year emissions data, 3) discovery of significant errors, or a number of cumulative errors, that are collectively significant. Scope 1, 2 and 3 emissions data were recalculated in conjunction with our value chain impact assessment in 2021.

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Emissions in our own operations

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Waste management

GHG emissions restatement specification

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