Hexagon announces new sustainability targets and Year-End report for 2020

Hexagon AB, a world chief in sensor, software program, and autonomous options, introduced the launch of a brand new sustainability program with key environmental, social, and governance (ESG) objectives centered round carbon emissions, provider audits, and gender range.

Hexagon’s modern options already contribute to environmental and social sustainability by enhancing effectivity, high quality, and security in a broad array of industries and societal purposes. However its sustainability journey will not be solely decided by the position its options play available in the market, but additionally by its personal processes and actions. Within the context of rising ESG significance and Hexagon’s current pledge to additional its ESG focus, this system goals to speed up its dedication to respect planetary boundaries, generate optimistic social contributions and guarantee strong company governance. It outlines ESG targets for 2023 and past, embracing objectives to considerably cut back its carbon footprint, higher handle provide chain dangers and enhance gender stability throughout management positions.

ESG targets embody:

·Carbon neutrality in its scope 1 and a couple of emissions – by 2030

·Carbon neutrality throughout its whole worth chain in scope 1, 2, and three emissions – by 2050

·Sustainability provider audits throughout 100% of its direct suppliers, in threat areas – by 2023

·No less than 30 per cent of its management positions crammed by girls – by 2025

The targets can be achieved by way of varied actions – from growing power effectivity throughout its services whereas lowering carbon emissions from enterprise journey and firm fleets to an elevated deal with sustainability within the product design section, stronger provider audit processes, and initiatives that construct and nurture an inclusive tradition whereas attracting and retaining various expertise.

“We’re very proud to be an enabler of sustainability, with options that clear up a number of the most pressing challenges of our lifetime. With sustainability on the core of our enterprise, it’s a pure step to set formidable objectives that can contribute to a extra sustainable planet,” says Hexagon President and CEO Ola Rollén. “We’re dedicated to upholding excessive requirements in all sustainability areas, by way of initiatives that cut back our environmental footprint, higher meet buyer requests, positively affect recruitment and hiring range, generate financial savings, and gas innovation.”

Additional, the year-end-report from 1 January – 31 December 2020 ( Fourth Quarter) states

• Working web gross sales decreased by -1% to 1,044.1 MEUR (1,058.9). Web gross sales together with the discount of acquired deferred income amounted to 1,038.0 (1,058.9). Utilizing mounted change charges and a comparable group construction (natural progress), web gross sales elevated by 1%
• Working earnings (EBIT1) elevated by 4% to 287.2 MEUR (277.0)
• Earnings earlier than taxes, excluding non-recurring gadgets, amounted to 279.9 MEUR (271.1)
• Web earnings, excluding non-recurring gadgets, amounted to 229.5 MEUR (222.3)
• Earnings per share, excluding non-recurring gadgets, amounted to 0.62 EUR (0.60)
• Working money circulation elevated to 353.4 MEUR (221.1)
• The Board of Administrators proposes a dividend of 0.65 EUR (0.62) per share, a rise of 5%
• The Board of Administrators proposes a share cut up 7:1