As of 2023, SPX Technologies has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, 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 SPX Technologies's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue | -30%a | 2030 |
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As of 2023, SPX Technologies has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
As of 2023, SPX Technologies has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
SPX Technologies's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue in 2019.a
SPX Technologies has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a