Hexagon Ragasco
Hexagon Ragasco, a leading player in the gas cylinder industry, is headquartered in Norway and operates extensively across Europe and beyond. Founded in 2000, the company has established itself as a pioneer in the production of composite LPG cylinders, offering a lightweight and corrosion-resistant alternative to traditional metal cylinders. With a commitment to innovation, Hexagon Ragasco's core products include their unique composite gas cylinders, which are designed for safety and efficiency, making them a preferred choice for both consumers and businesses. The company has achieved significant milestones, including numerous industry certifications and a strong market presence, positioning itself as a trusted name in the energy sector. Hexagon Ragasco continues to lead the way in sustainable gas solutions, contributing to a greener future.
DitchCarbon Score
How does Hexagon Ragasco'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 Insurance 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 Ragasco's score of 57 is higher than 79% 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 Ragasco's reported carbon emissions
In 2022, Hexagon Ragasco reported total carbon emissions of approximately 38,087,850 kg CO2e, with significant contributions from Scope 1 and Scope 2 emissions, which were 47,860 kg CO2e and 249,840 kg CO2e, respectively. The majority of their emissions stemmed from Scope 3, primarily due to purchased goods and services, amounting to about 30,409,700 kg CO2e. Comparatively, in 2021, the company’s total emissions were approximately 303,138,000 kg CO2e, with Scope 1 emissions at 3,527,000 kg CO2e, Scope 2 emissions at about 12,431,000 kg CO2e, and Scope 3 emissions reaching approximately 291,642,000 kg CO2e. In 2020, total emissions were significantly higher at around 730,000,000 kg CO2e, with Scope 1 at 2,825,000 kg CO2e, Scope 2 at about 11,436,000 kg CO2e, and Scope 3 at 61,224,000 kg CO2e. Hexagon Ragasco has set ambitious near-term climate commitments, aiming to reduce their Scope 1 and Scope 2 emissions to near zero by 2025. This commitment reflects their proactive approach to addressing climate change and aligns with industry standards for sustainability. The company is focused on enhancing its operational efficiency and reducing its carbon footprint as part of its broader climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 2,825,000 | 0,000,000 | 00,000 |
| Scope 2 | 11,436,000 | 00,000,000 | 000,000 |
| Scope 3 | 61,224,000 | 000,000,000 | 00,000,000 |
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 Ragasco is not participating in any 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.
