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Hammond Power Solutions, often referred to as HPS, is a leading manufacturer in the electrical machinery and apparatus sector, specifically within the niche of electrical transformers and related products. Headquartered in Canada, HPS has established a strong presence across North America and beyond since its founding in 1917.
The company is renowned for its innovative solutions in power distribution, including custom transformers and energy-efficient products that cater to a diverse range of industries. HPS stands out for its commitment to quality and reliability, ensuring that its products meet the highest industry standards.
With a rich history marked by significant milestones, Hammond Power Solutions has solidified its market position as a trusted provider, consistently delivering exceptional value to its customers through advanced technology and superior service.
0 vs industry average
Hammond Power Solutions’s score of 30 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing has above-average carbon intensity
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Hammond Power Solutions, headquartered in Canada and operating in the Electrical machinery and apparatus n.e.c. industry, reported total emissions of approximately 8,611,000 kg CO2e in 2024. This included Scope 1 emissions of approximately 2,748,000 kg CO2e (primarily from mobile combustion), Scope 2 emissions of approximately 4,328,000 kg CO2e (from purchased electricity), and Scope 3 emissions of approximately 1,535,000 kg CO2e, which covered business travel, employee commuting, and waste generated in operations.
In 2023, the company's total emissions were approximately 6,671,000 kg CO2e, with Scope 1 at about 3,126,000 kg CO2e, Scope 2 at about 3,299,000 kg CO2e, and Scope 3 at about 246,000 kg CO2e. Looking back to 2022, total emissions stood at approximately 5,963,000 kg CO2e, comprising roughly 2,788,000 kg CO2e in Scope 1, 2,908,000 kg CO2e in Scope 2, and 262,000 kg CO2e in Scope 3.
Hammond Power Solutions is committed to achieving near-zero Scope 1 and Scope 2 emissions by the middle of this decade, with a target year of 2025.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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