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.
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.
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.
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.
In 2023, SPX reported total carbon emissions of approximately 31,225,000 kg CO2e, a decrease from about 34,019,000 kg CO2e in 2022. The emissions breakdown for 2023 includes about 30,708,000 kg CO2e from Scope 1, primarily from stationary combustion, and approximately 2,117,200 kg CO2e from Scope 2. This indicates a significant reliance on direct emissions sources. 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 a proactive approach to mitigating climate impact relative to revenue growth. The company has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the supply chain and product use. Overall, SPX's commitment to reducing emissions intensity demonstrates a strategic focus on sustainability while navigating the challenges of a growing business.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 31,523,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 12,044,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - | - | - | - |
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.