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Hexpol AB
Hexpol's GHG Emissions Data Preview
In 2024, Hexpol 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).
Hexpol has also provided a category-level breakdown for 1 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind Hexpol’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hexpol's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHexpol amounted to122,285metric 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hexpoldecreased by 3.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Hexpol's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hexpol's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hexpol were 18,918 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hexpol reduced its Scope 1 emissions over time?
Since 2019, Hexpol's Scope 1 emissions have decreased by 4.8%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Hexpol's Scope 1 emissions decreased by 6.42%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Hexpol's Scope 2 emissions?
In 2024, Hexpol reported Scope 2 greenhouse gas (GHG) emissions of 61,845 tCOâ‚‚e using the market-based method and 103,367 tCOâ‚‚e using the location-based method.a
Has Hexpol reduced its Scope 2 emissions over time?
Since 2019, Hexpol's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 28.21%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Hexpol's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Hexpol's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Hexpol use for Scope 2 reporting?
In 2024, Hexpol reported its Scope 2 emissions using the market-based method and using the location-based method.a
Hexpol's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Hexpol's Value Chain Emissions
In 2024, Hexpol reported 26,661 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Hexpol includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Hexpol's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hexpol's Scope 3 emissions?
In 2024, Hexpol reported total Scope 3 emissions of 26,661 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Hexpol reduced its Scope 3 emissions over time?
Since 2019, Hexpol's Scope 3 emissionshave decreased by 30.39%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Hexpol's Scope 3 emissions remained relatively stable, indicating that Hexpol's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Hexpol disclose?
In 2024, Hexpol reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Hexpol's Scope 3 emissions?
In 2024, the largest contributors to Hexpol's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 26,661 tCOâ‚‚e(100%)
Hexpol's Scope 3 Emissions by Categories
Insights into Hexpol’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hexpol reported Scope 1 greenhouse gas (GHG) emissions of 18,918 tCOâ‚‚e and total revenues of USD 1,855 millions. This translates into an emissions intensity of 10.2 tCOâ‚‚e per millions USD.a
Hexpol's Scope 1 Emissions Intensity Compared to Peers
How does Hexpol's GHG emissions intensity compare to its peers?
In 2024, Hexpol reported a Scope 1 emissions intensity of 10.2 tCOâ‚‚e per millions USD. Compared to the peer group median of 50.55, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Hexpol rank on GHG emissions intensity within its industry?
In 2024, Hexpol ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Hexpol among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Hexpol's Total Carbon Footprint
In 2024, Hexpol reported a total carbon footprint of 148,946 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.48% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Hexpol's total carbon footprint was Scope 2 emissions, accounting for 69.4% of the company's total carbon footprint, followed by Scope 3 emissions at 17.9%.a