Direct emissions
2,637
tCO2e
H
Hexagon AB
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.
Emissions
Carbon 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
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
Provenance
Emissions
Factors
66,602
kgCO2e / £M
Supplier specific emission factors (kgCO2e / £M)
Modelled
Reported
Scope 1 + 2
Direct + purchased energy
948
948
Upstream
+ upstream Scope 3
45,692
43,921
Total
+ all Scope 3
66,602
57,746
Which figure should I use?
Use Modelled. It is the most complete view: any categories the company hasn't disclosed are filled with industry-typical estimates, so a transparent company isn't unfairly penalised against one that simply hasn't reported.
Reported counts only emissions the company has filed itself. A blank or low Reported cell doesn't mean those emissions don't exist, just that the company hasn't disclosed them.
When Reported sits close to Modelled, that is a positive signal. The company has disclosed most of its salient emissions and there's little gap for the model to fill. Even then, Modelled is the right figure to use for a like-for-like comparison across companies.
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.
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.
Scope 2 emissions
Indirect emissions from purchased energy, including electricity, heating and cooling.
Location based
5,701
tCO2eMarket based
1,863
tCO2eScope 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
tCO2eCat 2
Capital goods
6,536
tCO2eCat 3
Fuel & energy related activities
1,936
tCO2eCat 4
Upstream transportation & distribution
6,028
tCO2eCat 5
Waste generated in operations
754
tCO2eCat 6
Business travel
1,577
tCO2eCat 7
Employee commuting
1,043
tCO2eCat 8
Upstream leased assets
8,404
tCO2eCat 9
Downstream transportation & distribution
8,404
tCO2eCat 10
Processing of sold products
8,404
tCO2eCat 11
Use of sold products
15,558
tCO2eCat 12
End-of-life treatment of sold products
74
tCO2eCat 13
Downstream leased assets
8,404
tCO2eCat 14
Franchises
8,404
tCO2eCat 15
Investments
49,968
tCO2e5 values were derived via Mycelium's normalisation process rather than reported by the company. Cells marked “–” were not disclosed.
Contact Info
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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). The remaining 3.5 reflect data quality: third-party verified, profile claimed by the company, and full disclosure across all reporting categories.
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.
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.
