Metrics and targets
Targets related to resource use and circular economy (E5-3)
Epiroc has a Group target on waste management.
- The target for 2025 was to keep more than 80% of the generated waste in the ecosystem by reuse, recycling or other recovery activities.
In 2025, the outcome was 84% and the target was met by a small increase compared to 2024 (83%). The objective of the target is to foster effective waste management practices that adhere to the waste hierarchy and circularity principles, as established in our policies. By applying the waste hierarchy, we promote keeping valuable resources in circulation, with reuse and recycling as preferred options, reducing landfill and conserving resources. The methodology and definitions are described under waste metrics below.
Even though Epiroc has no separate Group target on resource inflows, steel footprint is largely addressed by the 2030 goal to halve carbon emissions from relevant suppliers, see ESRS E1 Metrics and targets. Increasing the share of recycled steel keeps valuable materials in circulation, lowers environmental impact, and supports our climate goals.
Resources inflows (E5-4)
Steel is the dominant material in Epiroc’s products, making it the most relevant metric for assessing resource inflow. On average, Epiroc machines consist of 90% steel by weight, while consumables such as attachments and tools range from 70-100% steel; making steel our key material and a critical indicator of both material usage and environmental impact. Given its prevalence and recyclability, steel serves as a strategic lever for Epiroc to reduce CO₂e emissions, enhance resource efficiency, and meet our 2030 sustainability targets.
We source both raw material steel directly from tier 1 steel suppliers and semi-finished steel components from different manufacturers. Approximately 26% of the steel comes from tier 1 suppliers. We have been working together with our tier 1 steel suppliers to increase the rate of recycled steel for several years. To better understand the full environmental footprint of our steel usage, a detailed mapping of the origin of the steel in our semi-finished products is ongoing. This process is complex as the steel smelters are several tiers from us. The mapping of our steel materials will enable us to identify opportunities to increase the share of recycled material, a key activity that significantly supports our climate goal of halving CO2e emissions from purchased goods and services. Use of recycled steel can save approximately 60-70% of the energy required to produce steel from raw materials.
Steel
| 2025 | ||
|---|---|---|
| tonnes | % | |
| Total weight of steel | 200 322 | |
| Steel from tier 1 suppliers | 51 420 | 26 |
| - whereof recycled steel from tier 1 suppliers | 34 321 | 67 |
Methodology
Total weight of steel data was collected using two complementary methods: the majority of steel volumes and suppliers were sourced from the main ERP system, while additional data from key steel-consuming companies was included to ensure comprehensive coverage. Steel from entities that do not report primary data has been estimated and included in the table to reach full scope.
Estimates are based on data from reporting entities with primary data. For these entities an average has been calculated based on the amount of procured steel per FTE, within each group of our entity types (customer centers, distribution centers, and product companies). The average for each group is then multiplied by the number of FTEs for entities where we do not have primary data. These calculations are performed within their respective groups and then consolidated into a total weight for the entire Epiroc Group. The estimated portion of the steel data corresponds to 34%.
The collection of steel data is to a large extent manual and requires significant time and resources as well as quality assurance. Therefore the disclosure for 2025 steel procurement is based on data from 2024 in accordance with the above methodology.
The information on the steel-making processes from each raw material suppliers (tier 1) was mapped. Weight of certain purchased steel products only sits with suppliers and creates complexity in obtaining complete coverage. Data on recycling rate from semi-finished steel components is currently not available to us.
Resource outflows (E5-5)
We aim to limit the production of waste from our operations. When waste is unavoidably generated in our operations, it is separated into waste streams which aims at keeping it at as high resource value as possible. Epiroc tracks its performance and effectiveness related to waste through the annual target and the key metrics reported and followed up.
Waste
| 2025 (tonnes) | 2024 (tonnes) | |
|---|---|---|
| Total amount of waste generated (non-hazardous and hazardous) | 37 413 | 34 918 |
| - Non-hazardous waste | 33 846 | 29 784 |
| - Hazardous waste | 3 567 | 5 134 |
| Waste diverted from disposal (non-hazardous and hazardous) | 31 548 | 28 853 |
| - Reuse | 1 060 | 995 |
| - Recycling | 28 741 | 25 045 |
| - Other recovery operations | 1 747 | 2 813 |
| Waste directed to disposal (non-hazardous and hazardous) | 5 865 | 6 065 |
| - Incineration | 1 103 | 1 250 |
| - Landfill | 4 615 | 4 618 |
| - Other disposal operations | 147 | 197 |
The total amount of non-recycled waste was 8 672 tonnes, equivalent to 23% of total waste. The majority of waste created in our operations consists of metals, wood, cardboard, and other materials with strong, established recycling streams. Our high recycling rate, 77% of the total waste, demonstrates responsible resource management while reducing climate impact and the need for virgin raw materials. The reasons for waste directed to disposal is to a large extent depended on local regulations and available waste management practices in different countries.
The amount of total waste in tonnes increased slightly in 2025 compared to 2024 despite several efforts to reduce waste. This increase is due to more accurate reporting from several relatively newly acquired entities. A higher reduction was seen for total hazardous waste, which decreased from 15% to 10% of our total waste. This is mainly due to a dedicated project in Australia to reclassify their by-product ferrous slag from waste to a resource. Not only does this reclassification enable reuse of the resource, it also has a positive impact on Epiroc waste result.
Methodology
Waste data primarily from direct measurement is reported quarterly by major contributing entities. To ensure a 100% scope estimates for non-reporting entities have been added in accordance with our methodology and assumptions described in Basis for preparation. The share of estimates is 3% of total waste, ranging between 1-7% of different waste streams. The breakdown of Hazardous waste and Non-hazardous waste is only available for total waste generated. Waste metrics are not validated by any other body,
Definitions for our waste reporting are in line with the definitions in ESRS. Reuse is where the waste material is reused in its present form. Recycling is where the waste is treated or transformed to a usable state. Other recovery operations include repurposing and refurbishment. That is when discarded products or parts are used in a new product with different function or when an old product or part of product is restored and brought up to date. It can also be repair and maintenance of defect products so it can be used with its original function. Incineration includes waste sent for burning under controlled way at high temperatures.
Products and materials
Due to the lack of a common standard for calculating durability, repairability and recyclability for our type of products, each company must establish its own criteria. This results in non-comparable information between companies. Consequently, we do not have metrics or targets for these areas yet.
Durability
We have a large fleet of machines around the world and due to the high quality of the equipment in combination with our aftermarket offering, the average fleet age is continuously increasing. For example, we have surface drill rigs that operate at high utilization rates, even though they are more than 20 years old. At year end, the average age of our equipment fleet in operations was 8.6 years and 38% of it was older than 10 years.
Durability was one aspect considered when developing our diamond coated Powerbit X. The diamond coated bit is up to 25 times as durable as our conventional carbide buttoned bits. The longer durability of the bit means less changing of drill bit. This improves safety and productivity when drilling, in addition to the savings of natural resources and carbon emissions.
Repairability
All our machines are designed to facilitate repairability of worn-out parts to maximize the overall lifetime and use phase. We have a continuously growing range of life-prolonging services and upgrades of both machines and spare parts, which increase our aftermarket profitability. These offerings would be fewer and less profitable if the products were not designed with repairability in mind.
Recycled material
Common for Epiroc products is that they mainly consist of steel, The proportion of recycled steel is the same in our products sold as in the sourced inflow materials and can be seen in table above.