| Invested through |
|
|---|---|
| Asset Classes | Corporate bonds |
| Impact strategy | Impact Equities and Bonds |
| Industry group | Capital Goods |
| Aligned with SDGs |
Atlas Copco is a world-leading provider of sustainable productivity solutions within the machinery industry. The company makes innovative compressors, vacuum solutions and air treatment systems, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. Its customers operate in a wide variety of sectors including the manufacturing and processing industries. More than 40% of revenues are generated from services, such as spare parts, maintenance, repairs, consumables, accessories, and equipment rental.
Atlas Copco is based in Nacka, Sweden and has 45,000 employees worldwide.
Investment rationale
The products and services of Atlas Copco are designed to provide tangible benefits in terms of productivity, energy efficiency, safety, ergonomics and lower life cycle costs for the customer. The company applies this concept across all of its product lines and divisions.
Atlas Copco is the only manufacturer that offers fully electrified and automated vehicles and machinery for underground mining. 40% to 50% of energy usage of an underground mine is for ventilation of the mine shafts, mostly to remove diesel and other emissions from vehicles and machines. Energy usage can be significantly reduced because of the introduction of electrical vehicles and machinery in mines. And using automated vehicles and machines significantly increases health and safety of mine workers.