Setting ambitious targets drives us forward

Setting ambitious targets pushes us to think long-term and innovate for lasting impact. We aim to empower our customers to move society forward, while reducing the environmental footprint of our operations and products. We’re committed to a safe and healthy workplace, maintaining a lean and efficient organization, and upholding the highest ethical standards with zero tolerance for corruption across the value chain.

Close-up of a project engineer reviewing a steam solution design on a monitor, showing an industrial steam boiler system.

Focus targets for sustainable growth

To create lasting value for all stakeholders, we prioritize sustainability in the following key areas: our products and services, people, safety and well-being, ethics, and the climate and environment. These pillars, along with profitability and growth, are essential for achieving long-term success. Progress in these areas is closely monitored, with set targets influencing variable compensation for Executive Management as well as all other employees. 

Our targets

People targets

  • 30% female employees by 2030. 
  • Atlas Copco Group employees agree that they feel a sense of belonging in the company – above the global benchmark provided by the employee survey supplier and a continuous increase.
  • Atlas Copco Group employees agree we have a work culture of respect, fairness and openness – above the global benchmark provided by the employee survey supplier and a continuous increase.
  • Atlas Copco Group employees agree there is opportunity to learn and grow in the company – above the global benchmark provided by the employee survey supplier and a continuous increase.

Group of business people spending their office break at chill-room, using technology and drinking coffee

Ethics targets

  • 100% of employees have signed the Group’s Code of Conduct compliance statement annually.
  • 100% of new employees have participated in the Group’s ethics training within 12 months of joining the company.
  • 100% of employees have participated in the Group’s ethics training every other year, starting 2023.
  • 100% of significant suppliers have confirmed compliance with the Group’s Code of Conduct.
  • 100% of significant distributors have confirmed compliance with the Group’s Code of Conduct.
business people shaking hands in the office for a deal.

Safety and well-being targets

  • Atlas Copco Group employees agree that the company takes a genuine interest in their well-being. The rating in the employee survey should continuously increase.
  • A balanced safety pyramid, with more reports of risk observations than near misses, more reports of near misses than minor injuries and more or equal reports of minor injuries relative to recordable injuries.

Technicians in high-vis clothing, safety glasses and hard hats are looking at a screen.

Climate and environment targets

  • To keep the global temperature increase to maximum 1.5 degrees, -46% in the CO2e* emissions (tonnes) from scopes 1 & 2 by 2030, compared to the 2019 baseline.
  • To keep the global temperature increase well below 2 degrees, -28% in the CO2e* emissions (tonnes) from scope 3 by 2030, compared to the 2019 baseline.
  • Continuous increase in the % significant direct suppliers with an approved Environmental Management System.
  • Continuous year-on-year reduction in water consumption in relation to cost of sales.
  • 100% reused, recycled or recovered waste from internal operations by 2030. 

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Products and service targets

  • 100% of projects for new and redesigned products have targets for reduced carbon impact.
  • By 2024, the Atlas Copco Group has a Group-common methodology for assessing the circularity of new or redesigned products.

* CO2 refers to carbon dioxide, and CO2e stands for "carbon dioxide equivalent", which includes CO2 and other greenhouse gases. An equivalent is a measure of how much a gas contributes to global warming, relative to carbon dioxide. 

Reduce CO2 emissions. Carbon free energy.

Financial targets

  • Revenue growth measured over a business cycle should be 8%.
  • Sustained high return on capital employed by constantly striving for operational excellence and generating growth.
  • Earnings as dividends to shareholders should be about 50%.
Team discussion about financial results