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Hiab Oyj

Common Name
Hiab
Country
Finland
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
4,092
Ticker
HIAB
Exchange
NASDAQ HELSINKI LTD
Description
Hiab Oyj is a leading provider of smart, sustainable, and on-road load-handling solutions and services. The company specializes in a diverse portfolio of equipment, including loader cranes under the H...

Hiab's GHG Emissions Data Preview

In 2025, Hiab 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).

Hiab has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202520242023
2022 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Hiab’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Hiab’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. Explore Hiab’s data sources below and access millions more through our Disclosure Search.

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

Insights into Hiab's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Hiab amounted to 19,115 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 Hiab increased by 18.09%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Hiab's Scope 1 Emissions Over Time

201920202021202220232024202505.5 k11 k16.5 k22 ktCO2e-3%0%-49%-8%+3%+28%
  • Total Scope 1
  • Year-over-Year Change

What are Hiab's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Hiab were 12,965 metric tons of CO₂ equivalent (tCO₂e).a

Has Hiab reduced its Scope 1 emissions over time?

Since 2019, Hiab's Scope 1 emissions have decreased by 41.07%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Hiab's Scope 1 emissions increased by 27.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Hiab's Scope 2 emissions?

In 2025, Hiab reported Scope 2 greenhouse gas (GHG) emissions of 3,816 tCO₂e using the market-based method and 6,150 tCO₂e using the location-based method.a

Has Hiab reduced its Scope 2 emissions over time?

Since 2019, Hiab's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 78.19%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), Hiab's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hiab's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Hiab use for Scope 2 reporting?

In 2025, Hiab reported its Scope 2 emissions using the market-based method and using the location-based method.a

Hiab's Scope 2 Emissions Over Time

201920202021202220232024202507.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hiab's Value Chain Emissions

In 2025, Hiab reported 1,176,691 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 Hiab includes a breakdown across 7 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

Hiab's Scope 3 Emissions Over Time

201920202021202220232024202501.5 M3 M4.5 M6 MtCO2e-10%+10%-76%-1%+30%-33%
  • Total Scope 3
  • Year-over-Year Change

What are Hiab's Scope 3 emissions?

In 2025, Hiab reported total Scope 3 emissions of 1,176,691 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 46.84% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.16% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Hiab reduced its Scope 3 emissions over time?

Since 2019, Hiab's Scope 3 emissions have decreased by 79.29%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), Hiab's Scope 3 emissions decreased by 33.02%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Hiab disclose?

In 2025, Hiab reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

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

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

  • Use of Sold Products (Cat. 11): 595,989 tCO₂e (52.78%)
  • Purchased Goods and Services (Cat. 1): 509,835 tCO₂e (45.15%)
  • Employee Commuting (Cat. 7): 9,600 tCO₂e (0.85%)

Hiab's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(45.1%)Use of Sold Products(Cat. 11)(52.8%)

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

In 2025, Hiab reported Scope 1 greenhouse gas (GHG) emissions of 12,965 tCO₂e and total revenues of USD 1,830 millions. This translates into an emissions intensity of 7.09 tCO₂e per millions USD.a

Hiab's Scope 1 Emissions Intensity Compared to Peers

1020010,000500,00020,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)MetsoYear: 2024Scope 1: 37,670 tCO2eRevenue: $M 5,230Scope 1 Intensity: 7.20 tCO2e/$MConstiYear: 2024Scope 1: 2,038 tCO2eRevenue: $M 340Scope 1 Intensity: 6.00 tCO2e/$MValmetYear: 2025Scope 1: 21,006 tCO2eRevenue: $M 6,110Scope 1 Intensity: 3.44 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MPonsseYear: 2025Scope 1: 3,863 tCO2eRevenue: $M 882Scope 1 Intensity: 4.38 tCO2e/$MKreate GroupYear: 2025Scope 1: 4,181 tCO2eRevenue: $M 371Scope 1 Intensity: 11.28 tCO2e/$MDovre GroupYear: 2024Scope 1: 1,710 tCO2eRevenue: $M 103Scope 1 Intensity: 16.54 tCO2e/$MKalmarYear: 2025Scope 1: 7,300 tCO2eRevenue: $M 2,047Scope 1 Intensity: 3.57 tCO2e/$MKoneYear: 2025Scope 1: 110,200 tCO2eRevenue: $M 13,221Scope 1 Intensity: 8.34 tCO2e/$MWartsila Oyj AbpYear: 2025Scope 1: 40,848 tCO2eRevenue: $M 8,128Scope 1 Intensity: 5.03 tCO2e/$MPanostajaYear: 2025Scope 1: 322 tCO2eRevenue: $M 169Scope 1 Intensity: 1.91 tCO2e/$MAspoYear: 2025Scope 1: 149,220 tCO2eRevenue: $M 551Scope 1 Intensity: 270.58 tCO2e/$MScanfilYear: 2025Scope 1: 1,615 tCO2eRevenue: $M 937Scope 1 Intensity: 1.72 tCO2e/$MEtteplanYear: 2024Scope 1: 362 tCO2eRevenue: $M 376Scope 1 Intensity: 0.96 tCO2e/$MRauteYear: 2025Scope 1: 64 tCO2eRevenue: $M 206Scope 1 Intensity: 0.31 tCO2e/$MGlaston Oyj AbpYear: 2025Scope 1: 878 tCO2eRevenue: $M 246Scope 1 Intensity: 3.58 tCO2e/$MSitowise GroupYear: 2025Scope 1: 146 tCO2eRevenue: $M 222Scope 1 Intensity: 0.66 tCO2e/$MViking Line AbpYear: 2025Scope 1: 231,543 tCO2eRevenue: $M 565Scope 1 Intensity: 409.54 tCO2e/$MComponentaYear: 2025Scope 1: 2,011 tCO2eRevenue: $M 136Scope 1 Intensity: 14.78 tCO2e/$MSRV YhtiotYear: 2025Scope 1: 628 tCO2eRevenue: $M 830Scope 1 Intensity: 0.76 tCO2e/$MEnento GroupYear: 2024Scope 1: 15 tCO2eRevenue: $M 156Scope 1 Intensity: 0.09 tCO2e/$MFinnairYear: 2025Scope 1: 3,444,252 tCO2eRevenue: $M 3,652Scope 1 Intensity: 943.16 tCO2e/$MKonecranesYear: 2025Scope 1: 38,400 tCO2eRevenue: $M 4,923Scope 1 Intensity: 7.80 tCO2e/$MHiabYear: 2025Scope 1: 12,965 tCO2eRevenue: $M 1,830Scope 1 Intensity: 7.09 tCO2e/$M

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

In 2025, Hiab reported a Scope 1 emissions intensity of 7.09 tCO₂e per millions USD. Compared to the peer group median of 5.03, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Hiab rank on GHG emissions intensity within its industry?

In 2025, Hiab ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Hiab is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Hiab's Total Carbon Footprint

In 2025, Hiab reported a total carbon footprint of 1,195,806 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 32.56% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Hiab's total carbon footprint was Scope 3 emissions, accounting for 98.4% of the company's total carbon footprint, followed by Scope 1 emissions at 1.08%.a

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