PRESS RELEASE
FLSmidth & Co. A/S
28 May 2026
Copenhagen, Denmark
FLSmidth is pleased to share that the Science Based Targets initiative (SBTi) recently validated its updated climate targets. This validation gives us a clear, science-based roadmap aligned with the 1.5 ºC pathway and strengthen our focus on delivering measurable emissions reductions across our operations and value chain. Together with our customer and suppliers, these updated targets underline that decarbonisation is a shared journey, one that we are well-positioned to advance with practical solutions and measurable progress.
Our targets versus our updated 2019 baseline:
Net Zero across scopes 1, 2 and 3 by 2050, provide a clear, long-term end state for decarbonising our full business ecosystem including a targeted reduction of 90% in absolute emissions80% absolute reduction in scopes 1 and 2 by 203030% absolute reduction in scope 3 by 2030
How we will deliver
With a small operational footprint, we can move quickly on scopes 1 and 2 through renewable electricity, efficiency improvements, and electrification. At the same time, our largest decarbonisation opportunity is in the value chain: helping customers reduce emissions from operating FLSmidth equipment and accelerating upstream progress by engaging with suppliers.
Own operations: continued focus on renewable power procurement, energy efficiency and electrification. Beyond the 80% emissions reduction we will aim to use high-integrity carbon credits for any residual, hard-to-abate to achieve carbon neutrality from 2030 onwards.Product technology and delivery: further emphasis on energy-efficient solutions and translating technology choices into measurable decarbonisation outcomes, with stronger alignment with customer transition plans.Procurement and supplier engagement: increased engagement with suppliers, maintaining our ambition to reach 30% of supplier spend with SBTis, as well as increasing the share of recycled and lower-emission materials in purchased goods.
Contacts:
Media
Jannick Denholt, +45 21 69 66 57, [email protected]
Investor Relations
Andreas Holkjær Sandager, +45
