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Use resources responsibly and efficiently

We provide solutions that reduce the environmental footprint and meet customer demands for safe and sustainable solutions.

We provide safe and productive, low-carbon solutions that reduce the environmental footprint and meet customer demands for safe and sustainable solutions.

 

Through innovation – particularly within automation, digitalization and electrification - we are achieving measurable environmental and safety gains. We work in close collaboration with our customers and other stakeholders to develop sustainable solutions. In the shift to a new, low-carbon economy where electrification, circularity, and development of new technologies, will play an important role, our products and services will be a key contributor for our customers. Batteries as a Service, battery conversion and remanufacturing of products and parts for a second life are examples of this.

Climate

Climate change in focus

Epiroc plays an important role in the transition to a low-carbon society. About two-thirds of our revenues derive from service and aftermarket, which prolongs the life of our products. With mid-life upgrades and retrofit we also need fewer materials, which contributes to a more sustainable use of resources.

 

We continued to work with our climate-related targets to be in line with keeping global warming at a maximum of 1.5° C, consistent with the scientific assessments provided by International Panel for Climate Change (IPCC) and the goal of the Paris Climate Agreement.

 

In 2021, we performed a CO2e emissions value chain analysis, which concluded that 83% of our total  CO2e emissions come from the use of our sold products. Carbon dioxide equivalent (CO2e) is a unit that standardizes the climate effects of various greenhouse gases. 

Value chain

In 2021 we received validation from the Science Based Target Initiative (SBTi) for our climate goals. These goals are well above the SBTi’s minimum requirements.

 

• Epiroc commits to reduce absolute Scope 1 and Scope 2 GHG emissions 50% by 2030 from a 2019 base year.

• Epiroc commits to reduce absolute Scope 3 GHG emissions from use of sold products by 50% over the same timeframe

Science Based Targets

For more information about our Science Based Targets, see press release

 

Circularity

We minimize our use of natural resources by moving towards a circular economy. We reduce our impact on biodiversity and ecosystems by minimizing water usage and pollution from products and our operations.

 

Product circularity

 

At Epiroc, we have a lifecycle approach that begins early in the design phase. Our products are designed for high durability, efficiency, life extension and environmental upgrade, recyclability, and easy disassembly to minimize use of natural resources and waste. Our amount of waste diverted from disposal has remained relatively high for several years.

Circularity

Performance summary

Long-term goals

We use resources

Short-term targets

We use resources

Performance summary

Footnotes - We use resources responsibly and efficiently

Footnote 3

Renewable of mix does not have any certificate or similar statement from the energy provider that assures only renewable energy sources are used for the electricity or district heating provided according to the contract

Footnote 4

The total energy includes both indirect and direct energy used. The calculation of indirect energy, i.e., energy purchased externally by the company, includes electricity and district heating and cooling used at the sites. The calculation of direct energy, i.e., energy generated by the company for its own production or operation, comprises all fuels used on the sites, including diesel, gasoline, coal, biofuel, propane and natural gas. The increase in 2021 is mainly explained by the 22 additional main CO2e emitting customer centers included in the reporting to ensure a higher coverage of the Scope 1 and Scope 2 emissions for the Group. 

Footnote 5

 Greenhouse gas emission reporting is carried out in accordance with the GHG Protocol (www.ghgprotocol.org). CO2e emissions include the main greenhouse gases carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O). Standardized emission factors published by DEFRA (UK) are used to calculate CO2e emissions for Scope 1 (Direct energy) and International Energy Agency (IEA) for Scope 2 (Indirect energy). Use phase of products sold (category 3.11) also uses these emission factors. For Transport CO2e (categories 3.4 & 3.9), when CO2e emissions is not provided by transport companies, emission factors from Network for Transport measures (NTM) are used (www.transportmeasures.org). Recalculation of base year (2019) emissions is performed for significant structural changes, improvements in calculation methodology or data accuracy. The base year 2019 was selected in the process of submitting our targets to Science based target initiative (SBTi), where the most recent completed past calendar year was selected. See recalculated base year emissions on page 46. CO2e emissions on pages 172-173 are not restated. Transport CO2e (categories 3.4 & 3.9) covers production units and distribution centers and calculation is based on distance-based method. WTW (Well To Wheel) CO2e emissions from the forwarders is collected. If this data is not available, calculation of CO2e emissions is performed using an internal calculation tool, applying a distance-based method. Outside of scopes includes biogenic CO2 factors that should be used to account for the direct carbon dioxide (CO2) impact of burning biomass and biofuels. 

Footnote 6

 A location-based method reflects the average GHG emissions intensity of grids on which energy consumption occurs, using mostly grid-average emission factor data. A market-based method reflects emissions from electricity that an organization has purposefully chosen (or its lack of choice). 

Footnote 7

Unique operation cycles for each product are defined. CO2e emission from use phase is calculated based on diesel usage, electricity usage and life length, C. For diesel, emission factors from DEFRA (UK) are used, where diesel with average content of biodiesel is used. IEA national emission factors are used for CO2e emissions from electricity use, where an average emission factor is used based on the countries where the products in each product family are sold. In the reporting scope, all products carrying its own energy source on-board (diesel engine, electrical motor and compressor) are included. Products without its own energy source are excluded, such as drill machines towing an external provided compressor and hydraulic attachments. 

Footnote 8

 In 2022, our waste reporting was changed to be in line with the revised GRI standard. The new waste reporting is not comparable with the previous way of reporting and comparison figures have thus been removed. 

Footnote 9

 Water risk mapping was carried out using the water risk maps generated by a third-party risk analytics firm
For more information, see Annual and Sustainability Report
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