Hms Networks
HMS Networks, a leading provider of industrial communication solutions, is headquartered in Sweden (SE) and operates globally, with a strong presence in Europe, North America, and Asia. Founded in 1988, the company has established itself in the industrial automation sector, focusing on enabling seamless connectivity between devices and systems. HMS Networks is renowned for its innovative products, including Anybus, IXXAT, and eWON, which facilitate communication across various industrial protocols. These solutions are distinguished by their versatility and reliability, catering to a diverse range of applications in manufacturing, energy, and transportation. With a commitment to quality and customer satisfaction, HMS Networks has achieved significant milestones, positioning itself as a trusted partner in the industry. The company continues to lead the market with its cutting-edge technology and robust service offerings, making it a key player in the realm of industrial IoT and automation.
DitchCarbon Score
How does Hms Networks'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.
Industry Average
Mean score of companies in the Telecommunications 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.
Industry Benchmark
Hms Networks's score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hms Networks's reported carbon emissions
In 2024, HMS Networks, headquartered in Sweden, reported total carbon emissions of approximately 61,360,000 kg CO2e across all scopes. This includes 122,000 kg CO2e from Scope 1, 668,000 kg CO2e from market-based Scope 2 emissions, and a significant 60,136,000 kg CO2e from Scope 3 emissions, which encompasses categories such as the use of sold products (37,445,000 kg CO2e) and purchased goods and services (17,917,000 kg CO2e). In 2023, the company recorded total emissions of about 82,181,000 kg CO2e, with Scope 1 emissions at 170,000 kg CO2e, market-based Scope 2 emissions at 1,045,000 kg CO2e, and Scope 3 emissions reaching 82,181,000 kg CO2e. This indicates a notable increase in emissions from 2023 to 2024. HMS Networks has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which the company has officially joined. The SBTi targets are applicable across all scopes, reflecting a comprehensive approach to reducing carbon emissions. The company has demonstrated a proactive stance in addressing climate change, with a focus on reducing emissions across its operations and supply chain. As part of its ongoing efforts, HMS Networks continues to monitor and report its emissions, ensuring transparency and accountability in its climate commitments.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 96,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 213,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
Hms Networks is participating in some of the initiatives that 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.
