Hexagon AB
Hexagon's Climate Target Data Preview
As of 2023, Hexagon has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hexagon ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2027 |
Absolute-based Target | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2027 |
Absolute-based Target | Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2027 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue | Copy restricted. Please purchase to unlock this data.  | 2050 |
This table provides a simplified preview of selected climate targets 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's Greenhouse Gas Emissions Pathways
As of 2023, Hexagon has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Hexagon have a target to reduce the emissions from its operations?
As of 2023, Hexagon has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Hexagon's most ambitious operational target is to reduce these emissions by 95% by 2030, compared to a baseline of 50,526 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.
As of 2023, Hexagon is lagging behind on its operational emissions reduction target, having achieved 6.32% of the planned reduction.
Hexagon's Operational (Scope 1+2) Emissions Pathway
Does Hexagon have a target to reduce the emissions from its value chain?
As of 2023, Hexagon has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Hexagon's most ambitious value chain target is to reduce these emissions by 97% by 2050, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue in 2022.
As of 2023, Hexagon is lagging behind on its value chain emissions reduction target, having achieved 2.06% of the planned reduction.
Hexagon's Value Chain (Scope 3) Emissions Pathway
Does Hexagon have a target to reduce its total carbon footprint?
As of 2023, Hexagon has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
Hexagon's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 401,342 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022, by 25% by 2030.
Instead of reducing total carbon footprint, Hexagon has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.