Spx
Spx Corporation, commonly referred to as SPX, is a leading provider of innovative solutions in the industrial sector, headquartered in the United States. Founded in 1912, SPX has established a strong presence in key operational regions, including North America and Europe, focusing on diverse industries such as HVAC, food and beverage, and power generation. The company is renowned for its core products and services, which include advanced thermal and fluid management systems, as well as specialised equipment for food processing. SPX distinguishes itself through its commitment to quality and technological innovation, ensuring optimal performance and efficiency for its clients. With a robust market position, SPX has achieved notable milestones, solidifying its reputation as a trusted partner in the industrial landscape.
DitchCarbon Score
How does Spx'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
Spx's score of 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spx's reported carbon emissions
In 2023, SPX reported total carbon emissions of approximately 31,225,000 kg CO2e, with emissions distributed across Scope 1, Scope 2, and Scope 3. Specifically, Scope 1 emissions were about 10,053,000 kg CO2e, while Scope 2 emissions from purchased electricity totalled approximately 21,172,000 kg CO2e. Scope 3 emissions accounted for about 31,225,000 kg CO2e. Over the years, SPX has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were approximately 34,088,000 kg CO2e, indicating a reduction in emissions from 2022 to 2023. The company has also shown a consistent decrease in emissions from previous years, with total emissions of about 57,044,000 kg CO2e in 2018 and 43,189,000 kg CO2e in 2017. Despite the absence of specific reduction targets or initiatives disclosed, SPX's emissions data reflects a trend towards lower emissions intensity, with a reported GHG emissions intensity of 0.0197 kg CO2e per unit of revenue in 2023. This indicates a proactive approach to sustainability and climate responsibility, aligning with industry standards for emissions reporting and reduction.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 31,523,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,044,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Spx 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.
