Public Profile

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.

39

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.

25

Industry Benchmark

Spx's score of 39 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Spx's reported carbon emissions

In 2023, SPX reported total carbon emissions of approximately 31,225,000 kg CO2e, with emissions from Scope 1 at about 10,053,000 kg CO2e, Scope 2 at approximately 21,172,000 kg CO2e, and Scope 3 emissions reaching about 31,225,000 kg CO2e. This marks a significant reduction from previous years, particularly from a total of about 34,088,000 kg CO2e in 2022 and 30,708,000 kg CO2e in 2021. Over the years, SPX has demonstrated a commitment to reducing its carbon footprint. In 2019, the company reported total emissions of approximately 33,567,000 kg CO2e, which included Scope 1 emissions of about 10,504,000 kg CO2e and Scope 2 emissions of approximately 40,866,000 kg CO2e. By 2020, total emissions decreased to about 31,542,000 kg CO2e, indicating a positive trend towards emission reduction. Despite the absence of specific reduction targets or climate pledges, SPX's ongoing efforts to monitor and report emissions across Scopes 1, 2, and 3 reflect a proactive approach to climate responsibility. The company continues to focus on improving its emissions intensity, which has decreased from approximately 0.0299 kg CO2e per USD revenue in 2019 to about 0.0197 kg CO2e per USD revenue in 2023. This indicates a commitment to enhancing operational efficiency and sustainability in its operations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017201820192020202120222023
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

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

Location emissions intensity

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. Spx is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

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

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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