Public Profile

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.

64

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.

10

Industry Benchmark

Hexagon's score of 64 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Hexagon's reported carbon emissions

In 2023, Hexagon reported total greenhouse gas emissions of approximately 36,235,100 kg CO2e, comprising 15,398,700 kg CO2e from Scope 1, 31,905,900 kg CO2e from Scope 2, and 362,351,000 kg CO2e from Scope 3 emissions. This reflects a significant commitment to reducing its carbon footprint, with a target to achieve net-zero emissions across its value chain by 2050. Hexagon has set ambitious near-term targets, aiming to reduce absolute Scope 1 and 2 emissions by 95% by 2030 from a 2022 baseline. Additionally, the company plans to increase its sourcing of renewable electricity from about 34.8% in 2022 to 100% by 2027, maintaining this level through 2030. For Scope 3 emissions, Hexagon targets a reduction of 51.6% per EUR value added by 2030. Long-term, Hexagon commits to maintaining a minimum of 95% reduction in absolute Scope 1 and 2 emissions from 2030 to 2050, and a 97% reduction in Scope 3 emissions per EUR value added by 2050. Furthermore, Hexagon aims for 50% of its suppliers, by spend on purchased goods and services, to have science-based targets by 2028. These initiatives underscore Hexagon's dedication to sustainability and its proactive approach to addressing climate change, aligning with industry standards and expectations for corporate responsibility.

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Add to project
20192020202120222023
Scope 1
2,962,000
0,000,000
0,000,000
00,000,000
00,000,000
Scope 2
7,322,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
00,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hexagon's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Hexagon is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers