- Limited supply and high prices of bio-based and recycled raw materials slowing down the transition to a low-carbon polymer industry
- Limited supply and rising prices of fossil-free energy
- Increased competition and price pressure
- Supply chain disruptions
- Global crises (pandemics, geopolitical situations)
HEXPOL AB (publ.)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, HEXPOL AB (publ.) disclosed greenhouse gas emissions of 90.4K tCO2e/year (Scopes 1 & 2). By scope: Scope 1: 16.3K tCO2e/year; Scope 2: 74.1K tCO2e/year (market-based); Scope 3: 123.4K tCO2e/year (rough estimate for three facilities). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
90.4K tCO2e/year (Scopes 1 & 2)
2023
Renewable Energy
38% (32%) of total energy use
of total energy
Water Usage
1.5M m3/year
2023
Waste
24.4K tons/year
2023
Energy Use
388 GWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 16.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 74.1K tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 123.4K tCO2e/year (rough estimate for three facilities) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 90.4K tCO2e/year (Scopes 1 & 2) |
| 2020-2023 | 58.4K tCO2e (2021); 56132.93 tCO2e (2022) |
| 2019 | 146.0K tons CO2e (Scope 1 and 2) |
| 2017 | 141.0K tonnes CO2e/year |
| 2015 | 117.0K tonnes CO2e (2015) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions from energy use by 57% since 2018/2019 base year (target is 75% by 2025)
- Increased capacity for recycling of polymer materials
- Three more production units certified according to ISCC Plus, bringing the total to four
- Launched HEXGREEN, a growing portfolio of rubber compounds with a reduced carbon footprint
- Reduced energy consumption/net sales by 5% compared to 2022
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions by 75% by 2025 (compared to 2018-2019 average)
🌱 ESG Focus Areas
Climate changeResource use and circular economyWorking conditionsBusiness ethics and combating corruption