HMS Networks Receives Validation for Climate Targets
HMS Networks AB has achieved a notable milestone by securing official validation of its ambitious climate targets from the Science Based Targets initiative (SBTi). This achievement signifies the company’s dedication to sustainable practices and reducing emissions to align with the goals of the Paris Agreement.
The products offered by HMS are instrumental in helping companies enhance their sustainability and productivity. By facilitating communication between machines and devices, HMS aids in minimizing energy consumption and reducing the necessity for service-related travel. Moreover, the company has set high benchmarks for its sustainability objectives.
“Setting ambitious goals for sustainability is essential in today's world. With our targets validated by the SBTi, we are reaffirming our commitment to climate responsibility, which is not only a priority for us but is also increasingly demanded by our customers, partners, and investors,” remarked Staffan Dahlström, the CEO of HMS Networks.
Overview of HMS’ Net-Zero Targets
HMS Networks has laid out clear net-zero targets that highlight their commitment to sustainability:
Near-Term Goals
The company pledges to achieve a reduction of 55.84% in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2022 as the baseline year. Additionally, HMS aims to cut Scope 3 emissions related to purchased goods and services, upstream transportation and distribution, business travel, and product use by 51.6% per SEK value added within the same time frame.
Long-Term Goals
By 2050, HMS Networks commits to a staggering 90.0% reduction in Scope 1 and Scope 2 greenhouse gas emissions, again using 2022 figures as the basis. For its Scope 3 emissions, the company seeks to achieve a reduction of 97.0% per SEK value added, encompassing the same categories as mentioned in their near-term goals.
This validation by the SBTi puts HMS in a select group of organizations that are proactively taking steps to combat climate change, reflecting their strategic long-term vision.
Integration of Sustainability into HMS’ Strategy
Launched in September 2025, HMS has introduced its 2030 Strategy emphasizing sustainability as a principal focus area. Gaining approval for their targets by the SBTi is a crucial component of this broader strategy. The company aims to seamlessly integrate sustainability into all aspects of its operations by 2030, making it a fundamental part of decision-making and collaborative processes.
Understanding the Science Based Targets Initiative (SBTi)
The Science Based Targets initiative (SBTi) is dedicated to guiding companies in establishing science-driven targets that aim to significantly reduce their emissions and confront the climate crisis. The initiative’s overarching goal is to reduce global emissions by fifty percent by 2030, with the vision of achieving net-zero emissions by 2050.
SBTi is a collaboration involving various organizations, including CDP, the UN Global Compact, World Resources Institute (WRI), and World Wildlife Fund (WWF), and forms part of the We Mean Business Coalition.
Contact Information
For further inquiries, please contact:
Ermal Devce, Director of Sustainability & Quality, HMS Networks
Email: erde@hms.se
About HMS Networks
HMS Networks AB (publ) is a leading provider of solutions in the field of industrial information and communication technology (Industrial ICT), employing over 1,100 individuals. The company develops and manufactures a range of products under recognized brands including Anybus®, Ixxat®, Ewon®, Intesis®, N-Tron®, and Red Lion®. Located in more than 20 countries, HMS extends local sales support through a global network of distributors and partners. The company reported sales of SEK 3,059 million in 2024 and proudly operates within the Large Cap segment on the NASDAQ OMX in Stockholm.
Frequently Asked Questions
What are the main climate targets set by HMS Networks?
HMS Networks aims to reduce Scope 1 and 2 emissions by 55.84% by 2030 and 90% by 2050, with similar ambitious objectives for Scope 3 emissions.
What is the significance of SBTi validation?
Validation from the SBTi demonstrates that HMS Networks' climate targets align with scientific data and the goals of the Paris Agreement, marking their commitment to tackling climate change.
How does HMS Networks plan to achieve its sustainability goals?
The company will integrate sustainability into all aspects of its operations, focusing on collaborative decision-making and investing in efficient technologies that minimize resource consumption.
What is the long-term vision for sustainability at HMS?
HMS aims to embed sustainability deeply within its corporate culture and business strategies, ensuring that all operations contribute positively to the environment.
Who can I contact for more information about HMS Networks' sustainability initiatives?
For inquiries related to sustainability, contact Ermal Devce, Director of Sustainability & Quality at HMS Networks via email at erde@hms.se.
