Climate Change Data

Forum Energy Technologies

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:16,007 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:2,752 tCO2e/year
Scope 2 Emissions:13,255 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:0%
Total Energy Consumption:33,040,059 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Energy Transition
  • Sustainability Through Technology
  • Greenhouse Gas (GHG) and Other Air Emissions
  • Employee Diversity and Well-being
  • Board Composition and Oversight
  • Ethics and Compliance

Environmental Achievements

  • 8% reduction in Scope 1 emissions from 2020 to 2022
  • 54% reduction in total vehicles since 2018

Social Achievements

  • Achieved 78% Perfect Days in 2022 (vs. 70% target)
  • 85% increase in HSE computer-based training since 2020
  • Women made up 20% of FET’s global workforce in 2022

Governance Achievements

  • Established an Anti-Corruption Compliance Program
  • Maintains an Information Security Management System (ISMS)

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Reducing air emissions
  • Reducing energy consumption
  • Managing risks associated with the use of critical materials
Mitigation Strategies
  • Consolidated sites and focused on operational efficiencies
  • Shifting to energy-efficient lighting
  • Pursuing the utilization of solar power at two facilities
  • Implementing pollution prevention plans to identify waste recycling opportunities

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Human Rights Policy Statement and Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Reach Production Solutions multi-phase compression technology
  • Serpent Series™ flexible hose
  • Reach Production Solutions SandGuard™

Awards & Recognition

  • Not disclosed