Hyve Group Limited Sustainability Profile
Hyve Group Limited, a prominent player in the global events industry, is headquartered in Great Britain. Founded in 1991, the company has established itself as a leader in organising and managing trade exhibitions, conferences, and digital events across various sectors, including technology, retail, and construction. With a strong presence in key markets such as Europe, Asia, and Africa, Hyve Group is renowned for its innovative approach to event management, offering unique networking opportunities and tailored experiences for exhibitors and attendees alike. The company’s commitment to delivering high-quality events has earned it a solid market position, marked by notable achievements in enhancing attendee engagement and driving industry growth.
DitchCarbon Score
How does Hyve Group Limited'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 Business 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
Hyve Group Limited's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hyve Group Limited's reported carbon emissions
In 2021, Hyve Group Limited reported total carbon emissions of approximately 222,000 kg CO2e from its operations in Great Britain. This figure includes 4,000 kg CO2e from Scope 1 emissions, primarily from fugitive emissions, and 146,000 kg CO2e from Scope 2 emissions, which are attributed to purchased electricity. Additionally, Scope 3 emissions accounted for about 12,000 kg CO2e, mainly from upstream transportation and distribution. Comparatively, in 2020, the company recorded total emissions of about 216,000 kg CO2e in Great Britain, with Scope 1 emissions at 16,000 kg CO2e and Scope 2 emissions at 22,000 kg CO2e. Notably, there were no reported Scope 3 emissions for that year. Hyve Group Limited has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The emissions data is cascaded from the parent company, with the source organization being Hyve Group Limited itself, indicating a current subsidiary relationship. Overall, while Hyve Group Limited has made strides in tracking its emissions, it currently lacks formal commitments to reduce its carbon footprint.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 229,000 | 000,000 | 000,000 |
| Scope 2 | 756,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000 | 00,000 |
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Hyve Group Limited's Scope 3 Categories Breakdown
Hyve Group Limited's Scope 3 emissions, which increased by 28% last year and increased by approximately 28% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
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Hyve Group Limited'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.
Hyve Group Limited 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.
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