Hypertherm Inc. Sustainability Profile
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 28 is higher than 55% 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 477,000,000 kg CO2e, with significant contributions from Scope 3 emissions at about 471,676,000 kg CO2e. Scope 1 emissions were around 2,030,000 kg CO2e, while Scope 2 emissions totalled approximately 5,190,000 kg CO2e. This data reflects a slight decrease in Scope 1 emissions from 2022, which were about 2,014,000 kg CO2e, and a reduction in Scope 2 emissions from approximately 5,450,000 kg CO2e. 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, the company has achieved an 11% reduction in emissions per sales dollar since a 2019 baseline, with this target set to continue through 2024. The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are independently sourced from Hypertherm Inc. itself. Hypertherm's commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive approach to climate responsibility.
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| 2010 | 2014 | 2015 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,397,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,638,000 | - | - | 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 |
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Hypertherm Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hypertherm Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
