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Hexagon AB

hexagon.com 6.2

Explore carbon emissions data for Hexagon AB. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.

This profile brings together available carbon emissions data for Hexagon AB, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. Read how we source and check this data.

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Emissions

Total yearly emissions across all scopes

316,009 tCO2e (Market Based)

Scope 1

tCO2e

2,637

Scope 2 (Market Based)

tCO2e

1,863

Scope 3 total

tCO2e

311,509

Scope 3 reported

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Provenance

Review the sources and documents behind Hexagon AB's emissions data. Provenance matters because it shows where the information comes from, how recent it is and how complete the disclosure appears to be.

Documents

Emissions
Factors

Modelled emission factor Total, all scopes including all Scope 3
0.067 kgCO2e / £

Supplier specific emission factors (kgCO2e / £)

Modelled
Reported
Scope 1 + 2 Direct + purchased energy
0.001
0.001
Upstream + upstream Scope 3
0.046
0.044
Total + all Scope 3
0.067
0.058

Scope 2 in these factors uses the company's market based figure.

Which figure should I use?

Comparing companies? Use Total Modelled. It is the most complete like-for-like view: any categories the company has not disclosed are filled with industry-typical estimates, so a transparent company is not unfairly penalised against one that simply has not reported.

Estimating your own supply-chain emissions from spend with this company? Use Upstream Modelled. The GHG Protocol defines purchased-goods emissions as cradle-to-gate, which means this company's own operations plus its upstream supply chain. The Total figure also includes downstream emissions, such as the lifetime use of the products this company sells, which the GHG Protocol attributes to the users of those products rather than to customers buying goods and services.

Reported counts only emissions the company has filed itself. A blank or low Reported cell does not mean those emissions do not exist, just that the company has not disclosed them. When Reported sits close to Modelled, that is a positive signal: the company has disclosed most of its salient emissions.

Sustainability
Snapshot

Based on reported data, retrieved with AI

  • Hexagon AB reported 316,009 tCO₂e in 2024.
  • Scope 3 accounted for 99% of emissions.
  • Reported across 10 of 15 GHG Protocol Scope 3 categories.
  • Scope 2 reported under the market based methodology.

According to available emissions disclosures, Hexagon AB reported total yearly emissions of 316,009 tCO₂e in 2024. Scope 3 emissions accounted for 99% of reported output, indicating supply chain activity, purchased goods and services, business travel, and wider operational dependencies were the most significant contributors to the company's carbon footprint.

The company achieved a Mycelium Score of 6.2, placing it strongly within its sector for sustainability performance, and received a transparency score of 94.6, an exceptional result, reflecting open disclosure across nearly every key emissions metric.

Emissions
Breakdown

Total Emissions across all scopes

316,009 tCO2e (Market Based)

Scope 1 emissions

Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.

Direct emissions

2,637

tCO2e

Scope 2 emissions

Indirect emissions from purchased energy, including electricity, heating and cooling.

Location based

5,701

tCO2e

Market based USED IN TOTAL

1,863

tCO2e

Scope 3 emissions

Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.

Cat 1

Purchased goods & services

186,016

tCO2e

Cat 2

Capital goods

6,536

tCO2e

Cat 3

Fuel & energy related activities

1,936

tCO2e

Cat 4

Upstream transportation & distribution

6,028

tCO2e

Cat 5

Waste generated in operations

754

tCO2e

Cat 6

Business travel

1,577

tCO2e

Cat 7

Employee commuting

1,043

tCO2e
ESTIMATED

Cat 8

Upstream leased assets

8,404

tCO2e
ESTIMATED

Cat 9

Downstream transportation & distribution

8,404

tCO2e
ESTIMATED

Cat 10

Processing of sold products

8,404

tCO2e

Cat 11

Use of sold products

15,558

tCO2e

Cat 12

End-of-life treatment of sold products

74

tCO2e
ESTIMATED

Cat 13

Downstream leased assets

8,404

tCO2e
ESTIMATED

Cat 14

Franchises

8,404

tCO2e

Cat 15

Investments

49,968

tCO2e

5 values were derived via Mycelium's normalisation process rather than reported by the company. Cells marked “–” were not disclosed.

Contact Info

Website

www.hexagon.com

Address

Lilla Bantorget 15
111 23

Country

Sweden

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How scoring works

How the Mycelium Score is calculated

The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs sector peers (emissions normalised against revenue), scaled by how transparent the reporting is. The band above 6.5 is earned through verified data quality on a claimed profile: declaring every reporting category yourself (up to 2.0), preparation by a carbon accountant (2.0) and independently audited figures (2.0), capped at 10.

A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. Hexagon AB's score sits at the top of this page and in the score panel.

How the Transparency Score is calculated

The Transparency Score measures how much of a company's key emissions data is publicly disclosed, graded from A (very high) down to F (very low). Crucially, it weights each gap by how material that bucket is for the company's industry, so an undisclosed category where the bulk of emissions sit hurts far more than a minor one.

For Hexagon AB, the single biggest gap is Upstream leased assets (Scope 3 Category 8). Mycelium estimates it accounts for around 3% of the company's total footprint, typically the largest source of emissions for a Manufacturing company, yet it hasn't been disclosed. Leaving a bucket this large unreported is what's holding the transparency score down.

Other material categories Hexagon AB hasn't disclosed:

  • Downstream transportation & distribution (Scope 3 Category 9), around 3% of the estimated footprint
  • Processing of sold products (Scope 3 Category 10), around 3% of the estimated footprint
  • Downstream leased assets (Scope 3 Category 13), around 3% of the estimated footprint

In total, roughly 15% of Hexagon AB's estimated emissions sit in categories it hasn't reported. Disclosing these would be the fastest way to raise the transparency score.

Cover of Mycelium's scoring methodology white paper Read the full scoring methodology Our white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10. Download the white paper (PDF)

Hexagon AB carbon emissions FAQs

What are Hexagon AB's carbon emissions?

In its 2024 reporting year, Hexagon AB disclosed total emissions of 316,009 tCO2e across all scopes. Scope 3 accounted for the largest share, around 99% of the total.

Does Hexagon AB report Scope 1, Scope 2 and Scope 3 emissions?

For 2024, Hexagon AB's available disclosure covers Scope 1 (2,637 tCO2e), Scope 2 (1,863 tCO2e), Scope 3 across 10 of the 15 GHG Protocol categories. Figures not reported by the company are shown as modelled estimates and labelled as such.

How transparent is Hexagon AB's emissions reporting?

Hexagon AB has a Mycelium transparency score of 94.6 out of 100. The score weights each emissions category by how material it is for the company's industry, so it reflects whether the disclosures that matter most have been made.

Is Hexagon AB sustainable?

Mycelium measures sustainability through carbon emissions data rather than giving a yes or no verdict. Hexagon AB has a Mycelium Score of 6.2 out of 10, which reflects its emissions intensity against sector peers together with how transparent and well-verified its reporting is. The emissions figures, disclosure documents and climate targets on this page give the fuller picture.

Is Hexagon AB environmentally friendly?

Carbon emissions are one measurable part of environmental impact, and the part Mycelium tracks. Hexagon AB disclosed 316,009 tCO2e for 2024, and its Mycelium Score of 6.2 out of 10 shows how that performance compares with similar companies in its sector.

Learn more about our methodology and where this data comes from.