Hms Networks
HMS Networks, a leading provider of industrial communication solutions, is headquartered in Sweden (SE) and operates globally, with a strong presence in Europe, North America, and Asia. Founded in 1988, the company has established itself in the industrial automation sector, focusing on enabling seamless connectivity between devices and systems. HMS Networks is renowned for its innovative products, including Anybus, IXXAT, and eWON, which facilitate communication across various industrial protocols. These solutions are distinguished by their versatility and reliability, catering to a diverse range of applications in manufacturing, energy, and transportation. With a commitment to quality and customer satisfaction, HMS Networks has achieved significant milestones, positioning itself as a trusted partner in the industry. The company continues to lead the market with its cutting-edge technology and robust service offerings, making it a key player in the realm of industrial IoT and automation.
DitchCarbon Score
How does Hms Networks's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Telecommunications Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hms Networks's score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hms Networks's reported carbon emissions
In 2023, HMS Networks, headquartered in Sweden, reported total carbon emissions of approximately 82,378,000 kg CO2e. This figure includes 295,000 kg CO2e from Scope 1 emissions, 312,000 kg CO2e from Scope 2 emissions (market-based), and a significant 82,378,000 kg CO2e from Scope 3 emissions, which encompass various categories such as purchased goods and services, use of sold products, and business travel. The company has made a long-term commitment to achieve net-zero emissions by 2050, as part of its Science Based Targets initiative (SBTi) commitment. This ambitious target encompasses all scopes of emissions, reflecting HMS Networks' dedication to addressing climate change comprehensively. In 2022, HMS Networks reported total emissions of about 65,520,000 kg CO2e, indicating a rise in emissions in 2023. The breakdown for 2022 included 229,000 kg CO2e from Scope 1, 282,000 kg CO2e from Scope 2 (market-based), and 76,152,000 kg CO2e from Scope 3. The increase in emissions highlights the ongoing challenges the company faces in reducing its carbon footprint while growing its operations. HMS Networks is actively working towards its climate commitments, focusing on reducing emissions across all scopes and contributing to a sustainable future in the technology hardware and equipment sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 96,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 213,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,051,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hms Networks is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
