Committed to the energy transition

As a provider of solutions that enable the switch to low-carbon and carbon negative solutions, Hexagon recognizes the importance of reducing our own operational footprint.

The main portion of our carbon emissions are generated from the raw materials and input factors of our businesses' cylinder manufacturing. Hexagon’s opportunities to contribute positively to reducing greenhouse gas emissions lie largely in the development of our products, both in manufacturing and in the disposal of our cylinders at end-of-life.

Net-zero

by 2050

Signatory of the Science Based Targets initiative (SBTi)

Since January 2022

Net Zero targets validated by SBTi

July 2024

Our approach

Reducing emissions and materials footprint with sustainable engineering
Replacing key carbon intensive raw materials with sustainable alternatives
Working with key suppliers to reduce supply chain emissions
Leading research and development projects on recycling composite material
Undertaking cradle-to-grave analysis for our entire product line
Eco design led product development.

Sustainable engineering success

With our next generation Mobile Pipeline product, the TITAN 450, we have achieved substantial reductions in cylinder material consumption per unit of stored gas volume from past designs. At the same time, the improved design increased the stored volume per module by 24%, meaning 24% fewer units are needed to transport the same amount of gas.

Steel consumption reduced by more than 15%
Carbon fiber reduced by at least 5%
Resin reduced by at least 5%
Plastic reduced by more than 5%

Committed to net zero

In line with the 1.5-degree trajectory, Hexagon will reduce its direct emissions by 2033, and work with partners and suppliers to be net zero across its value chain by 2050.

Near-term targets
By 2033, Hexagon commits to reducing 54.6% of absolute scope 1 and 2 emissions and 61% of Scope 3 emissions per cubic meter of container volume sold.

Long-term targets
By 2050, Hexagon commits to reducing 90% of absolute scope 1 and 2 greenhouse gas emissions, and 97% of Scope 3 emissions per cubic meter of container volume sold.

Science-based targets validated

We are proud to join the over 5,800 businesses around the world that are working with the Science Based Targets initiative (SBTi).

The initiative is a collaboration between the CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature, and one of the We Mean Business Coalition commitments. The SBTi defines and promotes best practice in science-based target setting and independently assesses and approves companies’ targets.

Sustainability report

We report our progress on an annual basis. Learn more about how we are reducing our operational footprint and the progress so far in our 2023 Sustainability Report.