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Hexpol AB

Common Name
Hexpol
Country
Sweden
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
4,831
Ticker
HPOL B
Exchange
Nasdaq Stockholm
Description
HEXPOL AB (publ) develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia. It ...

Hexpol's GHG Emissions Data Preview

In 2025, 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 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
15,008a
14,107a
20,215b
Total Scope 2
Market-Based
27,938a
62,542a
69,438b
Location-Based
95,665a
105,961a
106,766b
Total Scope 3
3,346,010a
3,457,475a
27,339b
Total Scope 1 Revenue Intensity (tCO2e/$M)
7.1436a
7.6067a
9.2507b
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Verified Sources Behind Hexpol’s Greenhouse Gas (GHG) Emissions 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.

a. Hexpol's Annual Report 2025
b. Hexpol's Annual Report 2024

Insights into Hexpol's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Hexpol amounted to 110,673 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).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Hexpol decreased by 7.82%, 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

2019202220232024202505.5 k11 k16.5 k22 ktCO2e+4%+27%-30%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Hexpol's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Hexpol were 15,008 metric tons of CO₂ equivalent (tCO₂e).a

Has Hexpol reduced its Scope 1 emissions over time?

Since 2019, Hexpol's Scope 1 emissions have decreased by 1.4%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Hexpol's Scope 1 emissions increased by 6.39%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Hexpol's Scope 2 emissions?

In 2025, Hexpol reported Scope 2 greenhouse gas (GHG) emissions of 27,938 tCO₂e using the market-based method and 95,665 tCO₂e 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 31.18%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), 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 2025, 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

20192022202320242025040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hexpol's Value Chain Emissions

In 2025, Hexpol reported 3,346,010 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Hexpol includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Hexpol's Scope 3 Emissions Over Time

20192023202420250900 k1.8 M2.7 M3.6 MtCO2e-29%+12547%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Hexpol's Scope 3 emissions?

In 2025, Hexpol reported total Scope 3 emissions of 3,346,010 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 64.07% of these emissions originated from upstream activities such as purchased goods and capital goods, while 35.93% 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 emissions have increased by 8,636.77%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), 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 2025, Hexpol reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Hexpol's Scope 3 emissions?

In 2025, the largest contributors to Hexpol's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 1,900,876 tCO₂e (56.81%)
  • Processing of Sold Products (Cat. 10): 783,039 tCO₂e (23.4%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 419,325 tCO₂e (12.53%)

Hexpol's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(56.8%)Processing of SoldProducts (Cat. 10)(23.4%)End-of-LifeTreatment of SoldProducts (Cat. 12)(12.5%)

Insights into Hexpol’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Hexpol reported Scope 1 greenhouse gas (GHG) emissions of 15,008 tCO₂e and total revenues of USD 2,101 millions. This translates into an emissions intensity of 7.14 tCO₂e per millions USD.a

Hexpol's Scope 1 Emissions Intensity Compared to Peers

201,00020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)1002001,0002,00010,000Revenues (Millions of USD)Tinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MEms Chemie HoldingYear: 2024Scope 1: 22,000 tCO2eRevenue: $M 2,287Scope 1 Intensity: 9.62 tCO2e/$MLintecYear: 2024Scope 1: 92,230 tCO2eRevenue: $M 1,825Scope 1 Intensity: 50.55 tCO2e/$MBASF IndiaYear: 2025Scope 1: 17,751 tCO2eRevenue: $M 1,784Scope 1 Intensity: 9.95 tCO2e/$MTokuyamaYear: 2024Scope 1: 5,743,000 tCO2eRevenue: $M 2,258Scope 1 Intensity: 2,543.12 tCO2e/$MElkemYear: 2025Scope 1: 1,960,000 tCO2eRevenue: $M 1,642Scope 1 Intensity: 1,193.71 tCO2e/$MInnospecYear: 2024Scope 1: 79,045 tCO2eRevenue: $M 1,845Scope 1 Intensity: 42.83 tCO2e/$MSanyou ChemicalYear: 2024Scope 1: 4,302,333 tCO2eRevenue: $M 2,927Scope 1 Intensity: 1,469.90 tCO2e/$MZeonYear: 2024Scope 1: 788,270 tCO2eRevenue: $M 2,524Scope 1 Intensity: 312.27 tCO2e/$MVerbioYear: 2025Scope 1: 271,832 tCO2eRevenue: $M 1,853Scope 1 Intensity: 146.72 tCO2e/$MIngevityYear: 2021Scope 1: 252,925 tCO2eRevenue: $M 1,391Scope 1 Intensity: 181.76 tCO2e/$MMinerals TechnologiesYear: 2024Scope 1: 302,029 tCO2eRevenue: $M 2,118Scope 1 Intensity: 142.57 tCO2e/$MEternal MaterialsYear: 2023Scope 1: 81,591 tCO2eRevenue: $M 1,384Scope 1 Intensity: 58.96 tCO2e/$MQuaker ChemicalYear: 2024Scope 1: 25,000 tCO2eRevenue: $M 1,840Scope 1 Intensity: 13.59 tCO2e/$MSumitomo BakeliteYear: 2024Scope 1: 79,067 tCO2eRevenue: $M 1,897Scope 1 Intensity: 41.68 tCO2e/$MSkshu PaintYear: 2024Scope 1: 16,232 tCO2eRevenue: $M 1,659Scope 1 Intensity: 9.79 tCO2e/$MAshland IncYear: 2023Scope 1: 288,176 tCO2eRevenue: $M 2,191Scope 1 Intensity: 131.53 tCO2e/$MSKCYear: 2024Scope 1: 457,430 tCO2eRevenue: $M 1,173Scope 1 Intensity: 389.89 tCO2e/$MBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MHawkinsYear: 2024Scope 1: 23,458 tCO2eRevenue: $M 919Scope 1 Intensity: 25.52 tCO2e/$MDyno NobelYear: 2024Scope 1: 2,247,427 tCO2eRevenue: $M 3,649Scope 1 Intensity: 615.94 tCO2e/$MNOFYear: 2023Scope 1: 58,600 tCO2eRevenue: $M 1,634Scope 1 Intensity: 35.85 tCO2e/$MKB ComponentsYear: 2024Scope 1: 51 tCO2eRevenue: $M 247Scope 1 Intensity: 0.21 tCO2e/$MHexpolYear: 2025Scope 1: 15,008 tCO2eRevenue: $M 2,101Scope 1 Intensity: 7.14 tCO2e/$M

How does Hexpol's GHG emissions intensity compare to its peers?

In 2025, Hexpol reported a Scope 1 emissions intensity of 7.14 tCO₂e per millions USD. Compared to the peer group median of 58.96, 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 2025, Hexpol ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2025, Hexpol reported a total carbon footprint of 3,456,683 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.38% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Hexpol's total carbon footprint was Scope 3 emissions, accounting for 96.8% of the company's total carbon footprint, followed by Scope 2 emissions at 2.77%.a

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