Hexagon AB

Common Name
Hexagon
Country
Sweden
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
25,123
Ticker
HEXA B
Exchange
NASDAQ STOCKHOLM AB
Description
Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. It operates in Manufacturing Intelligence, Asset Lifecycle Intelligence, Geosystems, Autonomous Solutions, and Safe...

Hexagon's Climate Target Data Preview

As of 2024, Hexagon has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue
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a
2030
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue
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a
2050
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Verified Sources Behind Hexagon’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hexagon’s data sources below and access millions more through our Disclosure Search.

a. Hexagon's Annual Report 2024
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Insights into Hexagon's Greenhouse Gas Emissions Pathways

As of 2024, 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. a

Does Hexagon have a target to reduce the emissions from its operations?

As of 2024, Hexagon has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

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. a

As of 2024, Hexagon is lagging behind on its operational emissions reduction target, having achieved 14.58% of the planned reduction. a

Hexagon's Operational (Scope 1+2) Emissions Pathway

202220242030015 k30 k45 k60 kBaselineCurrent (-14%)Target 2030 (-95%)

Does Hexagon have a target to reduce the emissions from its value chain?

As of 2024, 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. a

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. a

As of 2024, Hexagon is lagging behind on its value chain emissions reduction target, having achieved 3.34% of the planned reduction. a

Hexagon's Value Chain (Scope 3) Emissions Pathway

202220242030205000000Current (-3%)Target 2030 (-52%)Target 2050 (-97%)
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