Hexagon
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 85 is higher than 91% 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 13832300 kg CO2e for Scope 1, 29697500 kg CO2e for Scope 2 (market-based), and a significant 355362000 kg CO2e for Scope 3 emissions. This reflects a commitment to reducing its carbon footprint across all scopes, with a target to achieve a 95% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline. Additionally, Hexagon aims for net-zero emissions across its entire value chain by 2050. In 2023, Hexagon's emissions were approximately 15392800 kg CO2e for Scope 1, 31883800 kg CO2e for Scope 2, and 362351000 kg CO2e for Scope 3. The company has set ambitious near-term targets, including a 54.6% reduction in Scope 1 and 2 emissions by 2033 and a 61.1% reduction in Scope 3 emissions per cubic meter of container volume sold within the same timeframe. Hexagon's long-term strategy includes maintaining a minimum of 95% absolute Scope 1 and 2 emissions from 2030 through 2050, alongside a 97% reduction in Scope 3 emissions per EUR value added by 2050. The company is also committed to increasing its sourcing of renewable electricity from 34.8% in 2022 to 100% by 2027. These targets align with the Science Based Targets initiative (SBTi) and reflect Hexagon's dedication to sustainable practices and climate responsibility, with a focus on reducing emissions intensity and engaging suppliers in sustainability efforts.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 9,955,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 14,310,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,522,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Hexagon is participating in some 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.
