Hexagon AB
Electronic Equipment & Instruments
HEXA-B.ST
SEK 117 0.26
0.92 Ton
Scope 1 + 2 emissions of 28 Kt divided by Hexagon AB's Enterprise Value of $ 31 bn and multiplied by 1,000,000
Stronger than the +4.5% weighted average for S&P 500
Hexagon AB's target annual Scope 1 + 2 emissions for 2030 should be equal to 0 Kt = 0% * 28 Kt, according to the company's stated climate goal.
In order to achieve this goal, Hexagon AB would need to reduce its emissions at least by -3.2 Kt per annum over the period from 2022 to 2030:
-3.2 Kt = ( 0 Kt - 28 Kt ) / (2030 - 2021)
This translates into a -11% reduction in 2022.
Hexagon AB aims to achieve carbon neutrality for Scope 1 + 2 by 2030
Hexagon AB's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)
Hexagon AB's target annual all Scopes emissions for 2050 should be equal to 0 Kt = 0% * 46 Kt, according to the company's stated climate goal.
Hexagon AB aims to achieve carbon neutrality for all Scopes by 2050
Hexagon AB's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)
Hexagon AB's GHG emissions (location-based) (Kt of CO2e)
Hexagon AB's Carbon intensity (Tons per 1 USDm)
Hexagon AB's carbon footprint
Hexagon AB reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 28 Kt (+4.1/+17% y-o-y). Carbon intensity also remained unchnaged at 5.5 t.
Hexagon AB's Scope 3 emissions grew to 17 Kt (+13/+286% y-o-y).
The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2030, which translates into the estimated reduction of -3.2 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Also, the company commits to achieving carbon neutrality for all Scopes by 2050, which translates into the estimated reduction of -1.6 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Hexagon AB aims to achive carbon neutrality across its entire value chain (all Scopes) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.
28 8.2 20 17 5,152 5.5
24 10 14 4.5 4,408 5.5