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.
-4 vs industry average
Spx’s score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Spx's reported carbon emissions
In 2024, SPX Technologies, headquartered in the US, reported total carbon emissions of approximately 41,440,000 kg CO2e, comprising 14,107,000 kg CO2e from Scope 1 and 27,333,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions intensity by 30% relative to consolidated revenue by 2030, using 2019 as the baseline year. This target reflects SPX's commitment to sustainability and aligns with industry standards for emissions reduction. In 2023, SPX's total emissions were approximately 36,264,000 kg CO2e, with Scope 1 emissions at 11,440,000 kg CO2e and Scope 2 emissions at 24,824,000 kg CO2e. The company has consistently reported emissions data, demonstrating transparency in its environmental impact. However, it has not disclosed Scope 3 emissions data, which includes categories such as purchased goods and services, business travel, and employee commute. SPX Technologies is actively working towards its reduction targets, which are crucial for mitigating climate change and enhancing corporate responsibility. The company's initiatives are documented in its sustainability reports, showcasing its ongoing efforts to improve environmental performance.
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Spx’s Climate Goals (2030 & 2050)
3 goals2030
30% reduction in Scope 1
Reduce Scope 1 and 2 GHG emissions intensity (relative to consolidated revenue) by 30% by 2030, starting from the baseline of 2019.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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