SPX Technologies Inc
SPX Technologies's GHG Emissions Data Preview
In 2023, SPX Technologies 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) and Scope 2 (indirect emissions from purchased energy).
However, SPX Technologies has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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.  a | 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.  a | 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.  a | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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.  a | 0000000 |
Verified Sources Behind SPX Technologies’s Greenhouse Gas (GHG) Emissions Data
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Insights into SPX Technologies's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of SPX Technologies amounted to 34,283 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 2022, the total operational greenhouse gas (GHG) emissions of SPX Technologies decreased by 1.32%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
SPX Technologies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SPX Technologies's Scope 1 emissions?
In 2023, the total Scope 1 emissions of SPX Technologies were 11,440 metric tons of CO₂ equivalent (tCO₂e). a
Has SPX Technologies reduced its Scope 1 emissions over time?
Since 2018, SPX Technologies's Scope 1 emissions have decreased by 23.78%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), SPX Technologies's Scope 1 emissions decreased by 3.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are SPX Technologies's Scope 2 emissions?
In 2023, SPX Technologies reported Scope 2 greenhouse gas (GHG) emissions of 24,824 tCO₂e using the market-based method and 22,843 tCO₂e using the location-based method. a
Has SPX Technologies reduced its Scope 2 emissions over time?
Compared to the previous year (2022), SPX Technologies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SPX Technologies 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does SPX Technologies use for Scope 2 reporting?
In 2023, SPX Technologies reported its Scope 2 emissions using the market-based method and using the location-based method. a
SPX Technologies's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into SPX Technologies’s GHG Emissions Intensity Compared to Industry Peers
In 2023, SPX Technologies reported Scope 1 greenhouse gas (GHG) emissions of 11,440 tCO₂e and total revenues of USD 1,741 millions. This translates into an emissions intensity of 6.57 tCO₂e per millions USD. a
SPX Technologies's Scope 1 Emissions Intensity Compared to Peers
How does SPX Technologies's GHG emissions intensity compare to its peers?
In 2023, SPX Technologies reported a Scope 1 emissions intensity of 6.57 tCO₂e per millions USD. Compared to the peer group median of 9.15 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does SPX Technologies rank on GHG emissions intensity within its industry?
In 2023, SPX Technologies ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
SPX Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a