Impact Report

Atlas Copco contributes to the industrial energy transition through high-efficiency technologies and digital solutions designed for the optimisation of consumption. In particular, AI-based centralised compressor room management systems make it possible to regulate loads and significantly reduce energy use, resulting in a substantial reduction in emissions over the life cycle of the solutions and a tangible contribution to the reduction of customers’ carbon footprint. The company focuses its efforts primarily on emissions along the value chain (more than 90% of the total), which are concentrated in the product-use phase, supporting customers in developing more efficient processes and in the reduction of indirect emissions (Scope 3).
This approach is supported by a structured climate strategy, which includes comprehensive emissions inventories, science-based targets (approximately –28% for Scope 3 by 2030), the integration of the carbon footprint into product development, and the use of tools such as internal carbon pricing to guide investment decisions.
The effects translate into a reduction in energy and emissions intensity in customers’ processes and an improvement in operational performance, contributing to the decarbonisation of the manufacturing and energy sectors and to the reduction of emissions and emissions intensity across the entire value chain.

Kubota Corporation is a Japanese group active in the production of agricultural machinery, industrial engines and solutions for the water sector, with a strategy focused on food, water and the environment. The sustainable management of water resources is one of the pillars of its long-term plan, which aims to promote the circulation of water resources and waste and improve the resilience of essential infrastructure. Kubota has developed systems capable of predicting the number of households that could be left without access to water in the event of emergencies or service disruptions, thereby supporting more effective water network management. At the same time, the company is benefiting from growing demand for the renewal of water supply infrastructure, with an increase in orders from local authorities for network upgrades. The company has also launched projects for the valorisation of agricultural biomass, testing the production of biofuels and fertilisers from rice straw as part of circular economy models.
Innovation is a central element of the company’s strategy. Investments in research and development reached JPY 111.9 billion, while the number of patents and new utility models rose to 2,536. In addition, the group exceeded its innovation targets, with a Patent Asset Index 22% higher than 2020 levels. Research and development activities also include digital solutions for water infrastructure management and the development of technologies for the more efficient use of natural resources.
At the operational level, the company has consolidated an environmental management system covering more than 90% of its activities and has continued to improve resource-use efficiency through specific targets for the reduction of water and energy consumption, the monitoring of water stress risks and programmes dedicated to the conservation of natural resources.
For investors, Kubota offers exposure to the growing need to upgrade water infrastructure and to technologies for more efficient resource management. Its positioning is supported by ongoing investment in innovation, advanced solutions for water treatment and distribution, and concrete initiatives aimed at strengthening the resilience and sustainability of water systems.

Merck & Co. is a global pharmaceutical company engaged in the development, manufacturing, and commercialization of prescription medicines, biologic vaccines, and animal health solutions, with a focus on the prevention and treatment of major diseases. Nearly all of its revenue is generated by products directly related to treatment and prevention. Its activities include structured initiatives designed to expand access to medicines. These include differentiated pricing models for low- and middle-income countries, participation in the Medicines Patent Pool to support the production of generic versions, and the granting of voluntary licenses to local manufacturers in more than 29 countries, increasing the availability of treatments at more affordable prices. These efforts are complemented by patient support programs in the United States, which facilitate access to medicines for individuals without adequate healthcare coverage, as well as initiatives aimed at identifying and removing supply-chain barriers in underserved settings.
From an operational perspective, Merck combines these initiatives with high standards of quality and safety, including pharmacovigilance and anti-counterfeiting systems, while on the climate front it has established emissions-reduction targets aligned with the Paris Agreement. Progressive improvements have been recorded in this area: Scope 1 and 2 emissions intensity decreased from approximately 19.4 tCO₂e per million dollars of revenue in 2021 to 13.8 tCO₂e per million dollars in 2024, while energy intensity declined from approximately 345 to 264 GJ per million dollars over the same period.
The results highlight a direct contribution to the development of innovative therapies and treatment safety, together with concrete initiatives aimed at promoting their accessibility and distribution, thereby contributing to the structural improvement of access, quality, and sustainability of healthcare systems worldwide.

GE Vernova has developed a distinctive position as an enabler of the global energy transition through an integrated portfolio of technologies covering the entire electricity value chain, from generation to transmission and energy management. The group supplies key components for the generation of energy from renewable sources—including wind, solar, and hydropower—as well as advanced grid solutions, such as HVDC systems and transformers, which support the integration and stabilization of increasing shares of intermittent energy and enable the efficient transmission of electricity over long distances. Approximately 38–40% of revenue is linked to these technologies, highlighting significant exposure to the expansion of clean energy and broader access to more sustainable energy systems. A concrete example is represented by AI-based grid automation systems, which enable the real-time balancing of electricity flows and improve infrastructure resilience and reliability. At the same time, the company develops solutions for energy storage and conversion, alongside flexible, lower-carbon generation technologies that ensure continuity of supply even when variable renewable energy sources are used.
The impact of these solutions is significant: in 2024, GE Vernova contributed to bringing approximately 31 GW of new generation capacity into operation and enabled 71 GW of grid capacity, with a substantial share in emerging economies. This contributed both to the growth in energy availability and to the expansion of access in underserved areas. The installed technologies also have a carbon intensity approximately 20% lower than the average of the existing grid and helped avoid approximately 27 million tonnes of CO₂ during their first year of operation, thereby strengthening the contribution to the expansion of reliable, accessible, and lower-impact energy.