TechnipFMC PLC 2020 AR2
The report highlights TechnipFMC's performance during 2020, a year marked by the COVID-19 pandemic and oil price declines. The company achieved annualized run-rate cost savings of over $350 million and progressed its plans to separate into two independent companies, TechnipFMC and Technip Energies, which was completed in February 2021. In terms of sustainability, the company introduced its '50 by 30' commitment to reduce Scope 1 and 2 emissions by 50% by 2030 and established its 2021-2023 ESG scorecard. Additionally, the company achieved a 9% annual reduction in greenhouse gas emissions compared to 2019.
Company: TechnipFMC PLC
Sector: Energy
Country: United States
Year: 2020
Type: AR2
Pages: 320
TechnipFMC PLC
U.K. Annual Report And Accounts
The report highlights TechnipFMC's performance during 2020, a year marked by the COVID-19 pandemic and oil price declines. The company achieved annualized run-rate cost savings of over $350 million and progressed its plans to separate into two independent companies, TechnipFMC and Technip Energies, which was completed in February 2021. In terms of sustainability, the company introduced its '50 by 30' commitment to reduce Scope 1 and 2 emissions by 50% by 2030 and established its 2021-2023 ESG scorecard. Additionally, the company achieved a 9% annual reduction in greenhouse gas emissions compared to 2019.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 9, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees