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SPX Technologies Inc
SPX Technologies's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 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 |
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 2024, the total operational greenhouse gas (GHG) emissions ofSPX Technologies amounted to38,184metric 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 2023, the total operational greenhouse gas (GHG) emissions of SPX Technologiesincreased by 11.38%, suggesting that the company faced challenges in reducing its emissions from its core 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 2024, the total Scope 1 emissions of SPX Technologies were 14,107 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has SPX Technologies reduced its Scope 1 emissions over time?
Since 2019, SPX Technologies's Scope 1 emissions have increased by 34.3%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), SPX Technologies's Scope 1 emissions increased by 23.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are SPX Technologies's Scope 2 emissions?
In 2024, SPX Technologies reported Scope 2 greenhouse gas (GHG) emissions of 27,333 tCOâ‚‚e using the market-based method and 24,077 tCOâ‚‚e using the location-based method.a
Has SPX Technologies reduced its Scope 2 emissions over time?
Since 2019, SPX Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that SPX Technologies's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year(2023), 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 2024, 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
Insights into SPX Technologies’s GHG Emissions Intensity Compared to Industry Peers
In 2024, SPX Technologies reported Scope 1 greenhouse gas (GHG) emissions of 14,107 tCOâ‚‚e and total revenues of USD 1,984 millions. This translates into an emissions intensity of 7.11 tCOâ‚‚e 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 2024, SPX Technologies reported a Scope 1 emissions intensity of 7.11 tCOâ‚‚e per millions USD. Compared to the peer group median of 17.28, 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 2024, SPX Technologies ranked 8 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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