Hexagon

Hexagon, a Swedish company in the Computer and related services sector, reported its most recent carbon emissions for 2025 as approximately 327.7 million kg CO2e. This includes Scope 1 emissions of 14.15 million kg CO2e, Scope 2 emissions (market-based) of 18.54 million kg CO2e, and Scope 3 emissions of 295.04 million kg CO2e.

The company has set ambitious climate commitments. Hexagon aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. As part of its near-term targets, Hexagon commits to reducing absolute Scope 1 and 2 GHG emissions by 95% by 2030, using a 2022 base year. Additionally, Hexagon plans to increase its annual sourcing of renewable electricity from 34.8% in 2022 to 100% by 2027, maintaining this level through 2030. For Scope 3 emissions, Hexagon commits to a 51.6% reduction per EUR value added by 2030, also from a 2022 base year. Furthermore, by 2028, 50% of its suppliers by spend covering purchased goods and services are expected to have science-based targets.

For its long-term targets, Hexagon commits to maintaining a minimum of 95% absolute Scope 1 and 2 GHG emissions from 2030 through 2050, from a 2022 base year. It also aims to reduce Scope 3 GHG emissions by 97% per EUR value added by 2050 from a 2022 base year. These targets are aligned with the Science Based Targets initiative (SBTi) for a 1.5°C pathway, demonstrating the company's commitment to mitigating climate change.