Hexatronic’s Climate Targets Approved by SBTi

The latest announcement is out from Hexatronic Group AB ( (SE:HTRO) ).

Hexatronic Group AB has achieved a significant milestone with its climate targets for 2030 being approved by the Science Based Targets initiative (SBTi). This approval aligns Hexatronic’s Scope 1 and 2 targets with the global ambition to limit warming and ensures that its Scope 3 target meets SBTi requirements for emission reductions in the value chain. The company aims to reduce greenhouse gas emissions in Scope 1 and 2 by 42% and Scope 3 emissions by 51.6% in economic intensity by 2030, calculated from a 2022 baseline. This commitment underscores Hexatronic’s dedication to sustainability and positions its fiber optic infrastructure as a key component in a sustainable communications environment.

The most recent analyst rating on (SE:HTRO) stock is a Buy with a SEK47.00 price target. To see the full list of analyst forecasts on Hexatronic Group AB stock, see the SE:HTRO Stock Forecast page.

More about Hexatronic Group AB

Hexatronic Group AB, founded in Sweden in 1993 and listed on Nasdaq Stockholm, specializes in creating sustainable fiber optic networks globally. The company partners with telecom operators and network owners across four continents, offering high-quality fiber technology through its global brands such as Viper, Stingray, Raptor, InOne, and Wistom®.

Average Trading Volume: 1,188,891

Current Market Cap: SEK5.5B

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