Published by Todd Bush on November 20, 2025
HMS Networks AB has received official validation of its climate targets from the Science Based Targets initiative (SBTi), a significant milestone in the company’s journey toward a sustainable future. This approval reinforces HMS’ commitment to reducing emissions in line with climate science and the goals of the Paris Agreement.
HMS products help customers improve productivity and sustainability. Companies turn to HMS to enable communication for machines and devices, reducing energy consumption and service travel. HMS also has high targets for its own sustainability agenda.
Staffan Dahlström, CEO at HMS Networks, said:"Ambitious goals for a sustainable future are no longer optional, they are essential. With our targets validated by the SBTi, we are demonstrating that we take our climate responsibility seriously – a demand not only from ourselves, but also from customers, partners and investors."
HMS’ net-zero targets at a glance
Near-Term: HMS Networks commits to reduce Scope 1 and 2 greenhouse gas emissions by 55.84% in 2030 (from a 2022 base year). HMS also commits to reduce Scope 3 emissions from purchased goods and services, upstream transportation and distribution, business travel and use of sold products 51.6% per SEK value added within the same timeframe.
Long-Term: HMS Networks commits to reduce Scope 1 and 2 greenhouse gas emissions by 90.0% in 2050 (from a 2022 base year). HMS also commits to reduce Scope 3 emissions from purchased goods and services, upstream transportation and distribution, business travel and use of sold products 97.0% per SEK value added within the same timeframe.
With SBTi validation, HMS joins a growing number of companies dedicated to taking action against climate change.*
Part of HMS 2030 StrategyIn September 2025, HMS launched a 2030 Strategy, where "Planet" is one of the main strategic focus areas. Having the targets approved by the SBTi is a key step in this direction. By 2030, HMS aims to embed sustainability in everything from decision-making to collaboration, making sustainability an integrated part of their operations and values.
>> In Other News: Resource Venture Capitalist Andy Bowering Becomes Special Advisor to Max Power
The Science Based Targets initiative (SBTi) helps companies set science-based targets to reduce emissions and fight the climate crisis. Its goal is to halve global emissions by 2030 and achieve net-zero by 2050.
SBTi is a partnership between CDP, the UN Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), and is part of the We Mean Business Coalition.
The target boundary includes land-related emissions and removals from bioenergy feedstocks.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛫 Boeing Backs $10M Quebec SAF Project to Fly by 2027 🏗️ Eni CCUS Holding Expands the Financing Sources for Its Platform of CCS Projects 🍁 GeoRedox and Canada Nickel Launch First...
Inside This Issue 🏛️ EPA Sends Final Rule to Repeal Power Plant Greenhouse Gas Standards to White House for Review 🌬️ NTT DATA Partners with Climeworks for Carbon Removal 🏭 Honeywell Gives a Shutt...
Inside This Issue ✈️ Pittsburgh Airport Is Building America's First On-Site SAF Plant 📝 Wren's 2026 Request for Proposals 🍁 Canada Expands CCUS Investment Tax Cr to Include Enhanced Oil Recovery 🏭...
CUPERTINO, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a diversified renewable natural gas and biofuels company, announced today that the Capital Programs & Climate F...
Initial high-priority drill targets finalized for continuous follow-up program at Lawson Natural Hydrogen Complex to speed up timeline for potential commercialization Genesis Explained: Its “Salt ...
Deep Sky and Lufthansa Group Enter Carbon Removal Credit Agreement
Senken supported due diligence and project vetting on a transaction centred on quality, credibility, and long-term delivery. MONTREAL, May 21, 2026 /PRNewswire - Deep Sky has entered into an offta...
Hyundai Motor Group Showcases Hydrogen Ecosystem Vision for Europe at World Hydrogen Summit 2026
Hyundai Motor Group showcases its hydrogen ecosystem vision for Europe at the World Hydrogen Summit 2026 in Rotterdam The Group's display of the all-new NEXO and hydrogen fuel cell systems underli...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.