Spx
Spx Corporation, commonly referred to as SPX, is a leading provider of innovative solutions in the industrial sector, headquartered in the United States. Founded in 1912, SPX has established a strong presence in key operational regions, including North America and Europe, focusing on diverse industries such as HVAC, food and beverage, and power generation. The company is renowned for its core products and services, which include advanced thermal and fluid management systems, as well as specialised equipment for food processing. SPX distinguishes itself through its commitment to quality and technological innovation, ensuring optimal performance and efficiency for its clients. With a robust market position, SPX has achieved notable milestones, solidifying its reputation as a trusted partner in the industrial landscape.
DitchCarbon Score
How does Spx'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 Business 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
Spx's score of 44 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spx's reported carbon emissions
In 2023, SPX reported total carbon emissions of approximately 31,225,000 kg CO2e, a reduction from about 34,088,000 kg CO2e in 2022. The emissions breakdown for 2023 includes approximately 10,053,000 kg CO2e from Scope 1, primarily from stationary combustion, and about 21,172,000 kg CO2e from Scope 2, related to purchased electricity. Scope 3 emissions for 2023 were approximately 31,225,000 kg CO2e. SPX's emissions have shown a general downward trend over recent years. For instance, in 2022, the company emitted about 34,088,000 kg CO2e, while in 2021, emissions were approximately 30,708,000 kg CO2e. This indicates a commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has reported emissions across all three scopes, demonstrating transparency in their climate impact. However, there are currently no documented reduction targets or climate pledges, which may limit their ability to align with industry standards for climate action. Overall, SPX's emissions data reflects a proactive approach to monitoring and managing their carbon emissions, although further commitments could enhance their sustainability profile.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 31,523,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,044,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Spx is not participating in any of the initiatives that 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.
