Hexpol AB

Common Name

Hexpol

Country

Sweden

Sector

Basic Materials

Industry

Specialty Chemicals

Employees

4,945

Ticker

HPOL B

Exchange

NASDAQ STOCKHOLM AB

Website

www.hexpol.com

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 ... Show more

Hexpol's GHG Emissions Data Preview

In 2023, 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).

However, Hexpol has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 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 Hexpol's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hexpol amounted to 117,750 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 2022, the total operational greenhouse gas (GHG) emissions of Hexpol decreased by 11.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hexpol's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are Hexpol's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hexpol were 16,300 metric tons of CO₂ equivalent (tCO₂e).

Compared to the previous year (2022), Hexpol's Scope 1 emissions increased by 2.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hexpol's Scope 2 emissions?

In 2023, Hexpol reported Scope 2 greenhouse gas (GHG) emissions of 74,060 tCO₂e using the market-based method, and 101,450 tCO₂e using the location-based method.

Has Hexpol reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Hexpol's Scope 2 emissions (Location-Based) fell by 13.88% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Hexpol use for Scope 2 reporting?

In 2023, Hexpol reported its Scope 2 emissions using the market-based method and using the location-based method.

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 2023, Hexpol reported 123,400 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hexpol includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hexpol's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are Hexpol's Scope 3 emissions?

In 2023, Hexpol reported total Scope 3 emissions of 123,400 metric tons of CO₂ equivalent (tCO₂e).

Insights into Hexpol's Total Carbon Footprint

In 2023, Hexpol reported a total carbon footprint of 241,150 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 80.37% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hexpol's total carbon footprint was Scope 3 emissions, accounting for 51.17% of the company's total carbon footprint, followed by Scope 2 emissions at 42.07%.

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