Spx
Spx Corporation, commonly referred to as SPX, is a leading provider of innovative solutions in the industrial sector, headquartered in the United States. Founded in 1912, SPX has established a strong presence in key operational regions, including North America and Europe, focusing on diverse industries such as HVAC, food and beverage, and power generation. The company is renowned for its core products and services, which include advanced thermal and fluid management systems, as well as specialised equipment for food processing. SPX distinguishes itself through its commitment to quality and technological innovation, ensuring optimal performance and efficiency for its clients. With a robust market position, SPX has achieved notable milestones, solidifying its reputation as a trusted partner in the industrial landscape.
DitchCarbon Score
How does Spx'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 Business 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
Spx's score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spx's reported carbon emissions
In 2023, SPX Technologies, headquartered in the US, reported total carbon emissions of approximately 31,225,000 kg CO2e. This figure includes about 30,708,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and about 2,117,000 kg CO2e from Scope 2 emissions. Comparatively, in 2022, SPX's total emissions were about 34,019,000 kg CO2e, with Scope 1 emissions at approximately 33,567,000 kg CO2e and Scope 2 emissions at around 2,351,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. SPX has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions intensity by 30% by 2030, using 2019 as the baseline year. This target reflects the company's commitment to improving its sustainability practices and reducing its carbon footprint relative to its revenue. The company does not currently disclose Scope 3 emissions data, which encompasses indirect emissions in its value chain. All emissions data is sourced directly from SPX Technologies, Inc., with no cascading from a parent or related organization.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 15,010,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 42,034,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Spx is not participating in any 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.
