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European Climate Pact

Overview

Location

Sweden

Sector

Capital goods

Organisation type
Business

Company Information

Epiroc operates in the mining and infrastructure industries. The company develops and produces drill rigs, rock excavation, construction equipment, and tools. The headquarter is in Nacka, Sweden. In 2021 the company reported revenues 39,6 billion SEK and 15 529 employees.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Epiroc AB has a target to reduce absolute scopes 1 and 2 CO2e emissions 50% by 2030 from a base year of 2019
  • Epiroc AB has a target to reduce absolute scope 3 CO2e emissions 50% by 2030 from a base year of 2019

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (11/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (11/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Epiroc AB has a target to consume 90% of electricity from renewable sources by 2030 from a baseline of 52% renewable electricity consumption in 2019

MRV: Pact MRV in place

Status date: Submitted (11/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Epiroc AB have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (11/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (11/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues
  • Have a supplier/customer engagement strategy to drive best practices in tackling environmental and climate-related issues

MRV: Pact MRV in place

Status date: Submitted (11/07/2022)

Data source: CDP Climate Change 2022