Hexagon further improves sustainability rankings 

• Hexagon, first ranked in TIME Magazine’s World’s Most Sustainable companies in 2025, has climbed 87 positions in this year’s ranking
• Hexagon’s solutions helped customers avoid 10 million tonnes of CO₂e in 2025
• The company now uses 74.4% of renewable electricity in its facilities worldwide 

Stockholm, Sweden, 8 July 2026 – Hexagon, the global leader in measurement technologies, has been ranked 120 in TIME Magazine’s World’s Most Sustainable Companies list, up from a 207 ranking in the previous year. This milestone reflects the steady progress Hexagon has made since introducing its Climate Transition plan in 2022 and announcing new and ambitious sustainability targets at its recent Capital Markets Day in April 2026.

Hexagon’s sustainability strategy is designed to help the company achieve net-zero by 2050. It is two-pronged: an ongoing partnership with customers to help them reduce emissions and become more efficient; and an internal effort to improve its environmental footprint across its operations, and work with suppliers who also put sustainability as a core part of their strategy.

“We are very proud of this recognition, and the progress we’re making both internally and with our customers,” said Enrique Patrickson, CFO of Hexagon. “For us, sustainability isn’t a side initiative, it’s embedded in how we lead and measure performance. We’ve put sustainability targets into every leader’s KPIs, making it a key driver for how we run our business. That discipline is deliberate - data shows how sustainability and resilience reinforce each other. We see it as core to value creation and as a route to innovate and get closer to customers.”

Customer impact

Hexagon technologies help industries become safer, more efficient and less carbon-intensive. Behind the numbers are real-world outcomes:

• At ArcelorMittal, Hexagon solutions helped save approximately 27 million litres of diesel through optimised mining operations.
• At Peña Colorada, MinePlan Schedule Optimiser cut waste by 26%, avoiding around 71,000 tonnes of CO₂e.
• Machine Control technology improved construction productivity while avoiding around 9 tonnes of CO₂e per project.

Hexagon’s operational progress

Over the past year, Hexagon has made meaningful progress in reducing its own footprint while helping customers reduce theirs.

A few highlights:

• 37% reduction in Scope 1 and 2 emissions against our 2022 baseline
• 74.4% renewable electricity across our operations
• 25% women in top management positions
• 114 Suppliers audited on ESG related topics
• A Science Based Targets initiative validated net-zero target for 2050

Hexagon has committed to 100% renewable electricity by 2027. By 2030, the company aims to achieve a 70% reduction in Scope 1 and 2 emissions. These targets are designed to help Hexagon achieve its 2050 net-zero goal.

For more information about Hexagon’s sustainability strategy, targets, and initiatives, read the latest Annual Sustainability report here.

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FOR MORE INFORMATION, CONTACT: 
Harriet Funston, Senior Director, MWW, [email protected] 
Carla Gutierrez, Senior Director Corporate Communications, Hexagon, [email protected]