Hypertherm Inc.
Hypertherm Inc., headquartered in the United States, is a leading provider of advanced cutting solutions, specialising in plasma, laser, and waterjet technologies. Founded in 1968, the company has established itself as a pioneer in the industry, consistently innovating to enhance productivity and precision in metal fabrication. With a strong presence in North America, Europe, and Asia, Hypertherm serves a diverse range of sectors, including manufacturing, construction, and automotive. Its core products, such as the Powermax® plasma systems and HyPerformance® plasma technology, are renowned for their reliability and efficiency, setting industry standards. Recognised for its commitment to sustainability and employee ownership, Hypertherm has received numerous accolades, solidifying its position as a trusted partner in the cutting solutions market. The company continues to lead the way in technological advancements, ensuring customers achieve optimal results in their operations.
DitchCarbon Score
How does Hypertherm Inc.'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 Machinery and Equipment 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
Hypertherm Inc.'s score of 34 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hypertherm Inc.'s reported carbon emissions
In 2023, Hypertherm Inc. reported total carbon emissions of approximately 477,676,000 kg CO2e across all scopes. This includes 2,030,000 kg CO2e from Scope 1, which encompasses direct emissions from owned or controlled sources, and 5,190,000 kg CO2e from Scope 2, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, about 471,676,000 kg CO2e, fall under Scope 3, which includes all other indirect emissions in the value chain. Comparatively, in 2022, the company recorded total emissions of approximately 526,775,000 kg CO2e, with Scope 1 emissions at 2,014,000 kg CO2e and Scope 2 emissions at 5,450,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Hypertherm has set ambitious reduction targets, aiming to decrease its carbon impact from global business operations by 50% for both Scope 1 and Scope 2 emissions by 2020, relative to a 2010 baseline. Additionally, they have achieved an 11% reduction in emissions per sales dollar since 2019 for both Scope 1 and Scope 2, with a target timeframe extending to 2024. These commitments reflect Hypertherm's dedication to addressing climate change and reducing its overall carbon footprint, aligning with industry standards for sustainability and environmental responsibility.
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| 2010 | 2014 | 2015 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 634,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,638,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 348,830,000 | 000,000,000 | 000,000,000 | 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.
Hypertherm Inc. 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.
