Linde plc

"Linde plc's net zero target is to reduce its greenhouse gas emissions intensity by 35% by 2028, relative to its 2018 emissions. Net Zero Tracker
As of 2020, the company had already achieved a reduction of more than 16%. Net Zero Tracker
An interesting fact about Linde's environmental policy is that through its applications and technologies, it helped its customers avoid more than double the company's own greenhouse gas emissions in 2020. Net Zero Tracker
In addition, you can check out the net-zero commitments and data for the relevant actors:"

Current Score (vs. LY)

45.0 pts (0.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #82

S&P100: #58

Materials: #2

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 16,321,00016,247,00016,461,000
Scope 2 - location-based NANANA
Scope 2 - market-based 23,573,00022,299,00023,448,000
Scope 1-2 - location-based 16,321,00016,247,00016,461,000
Scope 1-2 - market-based 39,894,000 38,546,000 39,909,000
Scope 3 21,261,00014,403,00015,412,000
Total - location-based 37,582,00030,650,00031,873,000
Total - market-based 61,155,000 52,949,000 55,321,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 64,984,88261,155,000
Methodology Pre-calculated sector intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Linde plc belongs to the sector Materials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2S3MKT 35.0 2021 2035


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2050


Science-based Targets (SBTI)

Date Published / Updated :01/10/2022

Near-term Long-Term Net Zero Standard
Targets Set : Well-below 2°C by 2035 No target No

Linde plc commits to reduce absolute scope 1 and 2 GHG emissions 35% by 2035 from a 2021 base year.* *The target boundary includes biogenic emissions and removals from bioenergy feedstocks.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Linde by zerotracker.net: Oct. 2, 2023
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Additional notes: For 2028 targets: "We will pursue competitive low-carbon sources of hydrogen, including energy efficient SMRs and ATRs with carbon capture, electrolysis with renewable power, and pilot new low-carbon technologies." (p. 22, Sustainable Development Report 2022) For 2035 targets: "Execution of CCS projects at some of Linde's largest SMRs that will, with other efficiency efforts, reduce Scope 1 emissions." (p. 23, Sustainable Development Report 2022)

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 5.0 10.0 -2.5
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 0.0
Transparency 25.0 30.0 -2.5
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 3.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 2.5 10.0 0.0
7 Targets are science-based as validated by SBTi 7.5 10.0 0.0
Commitments 20.0 40.0 3.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 0.0 10.0 0.0
Results 0.0 30.0 0.0
Total 45.0 100.0 0.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 5.0 -2.5 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 2.5 0.0 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 10.0 0.0 9.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2028 3.0 / 3.0 0.0 3.0 0.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3? 2.5
2.5 / 5.0 2.5 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set Well-below 2°C 7.5 / 10.0 7.5 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
YTD reduction objective is not valid
0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 2.5
Actual (in %): -15.5
0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 3.2°C 0.0 / 10.0 0.0 0.0 0.0
Total 45.0 / 100.0 44.5 0.5 26.5


Available Data Sources

Reporting Year 2021 2021 2020 2020 2020 2020 2019 2019 2019 2019 2019 2018 2018
Source Public Yourstake Public Public CDP Wikirate (NV) Public Public CDP CDP Wikirate (NV) Public CDP
Publication Year 2022 unknown 2022 2022 2021 2021 2022 2021 2021 2020 2020 2021 2020
Scope 1 16,321,000 16,321,000 16,247,000 16,247,000 16,247,000 16,368,000 16,461,000 16,461,000 16,461,000 16,461,000 16,500,000 16,872,000 16,872,000
Scope 2 - location-based NA 21,413,000 NA 0 20,063,000 20,832,000 NA 0 21,101,000 19,900,000 21,000,000 0 0
Scope 2 - market-based 23,573,000 23,573,000 22,299,000 20,969,000 20,969,000 NA 23,448,000 22,250,000 22,250,000 21,012,000 NA 22,333,000 21,093,000
Scope 1-2 - location-based 16,321,000 37,734,000 16,247,000 16,247,000 36,310,000 37,200,000 16,461,000 16,461,000 37,562,000 36,361,000 37,500,000 16,872,000 16,872,000
Scope 1-2 - market-based 39,894,000 39,894,000 38,546,000 37,216,000 37,216,000 NA 39,909,000 38,711,000 38,711,000 37,473,000 NA 39,205,000 37,965,000
Scope 3 21,261,000 21,261,000 14,403,000 14,403,000 14,424,000 14,403,000 15,412,000 15,412,000 0 13,748,300 13,721,000 14,849,000 0
Total - location-based 37,582,000 58,995,000 30,650,000 30,650,000 50,734,000 51,603,000 31,873,000 31,873,000 37,562,000 50,109,300 51,221,000 31,721,000 16,872,000
Total - market-based 61,155,000 61,155,000 52,949,000 51,619,000 46,350,000 NA 55,321,000 54,123,000 38,711,000 45,922,300 NA 54,054,000 37,965,000

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email