Hexagon Composites ASA
Hexagon Composites's GHG Emissions Data Preview
In 2024, Hexagon Composites completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Hexagon Composites has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Hexagon Composites's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Hexagon Composites amounted to 8,338 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hexagon Composites decreased by 19.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Hexagon Composites's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hexagon Composites's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hexagon Composites were 2,637 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Hexagon Composites reduced its Scope 1 emissions over time?
Since 2019, Hexagon Composites's Scope 1 emissions have decreased by 10.97%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), Hexagon Composites's Scope 1 emissions decreased by 1.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Hexagon Composites's Scope 2 emissions?
In 2024, Hexagon Composites reported Scope 2 greenhouse gas (GHG) emissions of 1,863 tCOâ‚‚e using the market-based method, and 5,701 tCOâ‚‚e using the location-based method.
Has Hexagon Composites reduced its Scope 2 emissions over time?
Since 2019, Hexagon Composites's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 22.14%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), Hexagon Composites's Scope 2 emissions (Location-Based) fell by 25.55% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Hexagon Composites use for Scope 2 reporting?
In 2024, Hexagon Composites reported its Scope 2 emissions using the market-based method and using the location-based method.
Hexagon Composites's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Hexagon Composites's Value Chain Emissions
In 2024, Hexagon Composites reported 269,490 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Hexagon Composites includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Hexagon Composites's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hexagon Composites's Scope 3 emissions?
In 2024, Hexagon Composites reported total Scope 3 emissions of 269,490 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 75.66% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.34% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2023), Hexagon Composites's Scope 3 emissions increased by 25.99%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Hexagon Composites disclose?
In 2024, Hexagon Composites reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Hexagon Composites's Scope 3 emissions?
In 2024, the largest contributors to Hexagon Composites's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 186,016 tCOâ‚‚e (69.03%)
- Investments (Cat. 15): 49,968 tCOâ‚‚e (18.54%)
- Use of Sold Products (Cat. 11): 15,558 tCOâ‚‚e (5.77%)
Hexagon Composites's Scope 3 Emissions by Categories
Insights into Hexagon Composites's Total Carbon Footprint
In 2024, Hexagon Composites reported a total carbon footprint of 277,828 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.91% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Hexagon Composites's total carbon footprint was Scope 3 emissions, accounting for 97% of the company's total carbon footprint, followed by Scope 2 emissions at 2.05%.