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Hire&Rental
ATLAS COPCO
AUGUST 2022
Atlas Copco Power Technique Australia accelerates sustainability transformation As part of a wider Atlas Copco Group sustainability plan, ambitious carbon reduction targets will allow the company to do business ‘within planetary boundaries’. As a market leader in mobile air compressors, Atlas Copco Power Technique Australia knows exactly what it needs to do, to play its part in meeting global climate change objectives. The company has set itself a range of ambitious emissions reduction targets that are grounded in climate science through the Science-Based Targets initiative (SBTi). Funded by the IKEA Foundation, Amazon, the Bezos Earth Fund, the Rockefeller Brothers Fund, the UPS Foundation, and many major businesses such as BMW, Nike, Daimler, and SNCF, the SBTi gives companies a clearly defined path to reduce CO2 emissions in what it calls ‘a race to the top’ in zero-carbon transition. The organisation also checks that a company’s targets are in line with what the science demands regarding greenhouse gas emissions.
Whole value chain reductions
Science-based targets differ from other goals because they are absolute reduction targets; they are not related to cost of sales but targets across a company’s entire value chain. It includes emissions from energy consumed on direct operations, such as manufacturing, vehicles, and offices, emissions generated when
producing materials or components used in products, and emissions from the use of those products. Having its emissions targets monitored by an internationally recognised organisation gives Atlas Copco a competitive edge by increasing credibility in the eyes of the customer and ensuring total transparency. More importantly, the targets inspire innovation and encourage positive changes.
Team effort
The company now has an approved science-based target to reduce the emissions from its direct operations by 46% by 2030, compared to 2019 levels. Everyone in the company has a role to play in this. For example, by how they get to work, what products are developed, and what kind of energy is used in the factories. The plan by Atlas Copco Power Technique Australia is to be carbon neutral in all its operations through green power in factories, optimized processes through digital technology, energy reduction, the use of fossil-free fuel, and a CO2-neutral car fleet. While it is essential to tackle emissions from direct operations, a year-long research project from Atlas Copco Power Technique found that a bigger opportunity to make
