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Business Services
GB
updated a month ago

Hyve Group Limited Sustainability Profile

Company website

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.

14

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.

26

Industry Benchmark

Hyve Group Limited's score of 14 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

13%

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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's emissions data is cascaded from its corporate family, specifically from the parent organization, which is Hyve Group Limited itself, indicating a current subsidiary relationship. However, the company has not set specific reduction targets or climate pledges as part of its sustainability initiatives. Overall, while Hyve Group Limited has shown a commitment to tracking its carbon footprint, it currently lacks defined reduction targets or significant climate commitments.

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201920202021
Scope 1
229,000
000,000
000,000
Scope 2
756,000
000,000
000,000
Scope 3
-
00,000
00,000

How Carbon Intensive is Hyve Group Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hyve Group Limited's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hyve Group Limited's Location?

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. This request for Hyve Group Limited is in GB, which has a very low grid carbon intensity relative to other regions.

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.

Top Scope 3 Categories

2021
Upstream Transportation & Distribution
100%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Hyve Group Limited's Emissions with Industry Peers

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Axel Springer

DE
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Printed matter and recorded media (22)
Updated 9 days ago

Tarsus Group plc

IE
•
Other business services (74)
Updated about 2 months ago

Messe Düsseldorf GmbH

DE
•
Other business services (74)
Updated 2 days ago

Clarion Events Ltd

GB
•
Motor vehicles, trailers and semi-trailers (34)
Updated about 2 months ago

Fiera Milano SpA

IT
•
Other business services (74)
Updated 4 days ago

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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

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