Hexagon Sustainability Profile
Hexagon AB, a global leader in digital solutions, is headquartered in Sweden (SE) and operates extensively across Europe, North America, and Asia. Founded in 1975, Hexagon has established itself in the geospatial and industrial sectors, focusing on advanced technologies such as geospatial data management, manufacturing intelligence, and autonomous solutions. The company’s core offerings include software and hardware solutions that enhance productivity and safety in various industries, including construction, agriculture, and manufacturing. Hexagon's commitment to innovation is evident in its unique integration of sensor, software, and autonomous technologies, positioning it as a frontrunner in the market. With a strong emphasis on sustainability and efficiency, Hexagon has achieved notable milestones, including significant advancements in smart city initiatives and industrial automation. Its reputation for delivering high-quality, reliable solutions has solidified its status as a trusted partner for businesses worldwide.
DitchCarbon Score
How does Hexagon'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 Computer 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
Hexagon's score of 97 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hexagon's reported carbon emissions
In 2024, Hexagon AB reported total greenhouse gas emissions of approximately 13832000 kg CO2e for Scope 1, 29697000 kg CO2e for Scope 2 (market-based), and a significant 355362000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. Hexagon has set ambitious reduction targets, aiming for a 90% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline. Additionally, they are committed to achieving net-zero emissions across their entire value chain by 2050. For Scope 3 emissions, Hexagon targets a 97% reduction per EUR value added by 2050, with a near-term goal of a 61.1% reduction by 2033. The company is also focused on increasing its renewable electricity sourcing from 34.8% in 2022 to 100% by 2027, ensuring sustainability in its operations. These targets align with the Science Based Targets initiative (SBTi) and demonstrate Hexagon's commitment to addressing climate change effectively.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,227,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 11,832,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 250,641,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hexagon's Industry?
How Carbon Intensive is Hexagon's Location?
Hexagon's Scope 3 Categories Breakdown
Hexagon's Scope 3 emissions, which decreased by 2% last year and increased by approximately 42% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
Top Scope 3 Categories
Hexagon's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hexagon has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Hexagon's sustainability data and climate commitments