Hexagon Annual Report 2019

8 2019 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS A word from the CEO The carbon dioxide reduction can be further minimized by blending in RNG. One of our main customers, UPS, embodies the low carbon emission drive, demonstrated by the recent long-term CNG systems agreement with Hexagon worth USD 65-95 million. ELECTRIC MOBILITY (E-MOBILITY) ENABLING ZERO-EMISSION SOLUTIONS In parallel, we see an extraordinary growth potential for zero-emission electric vehicle solutions. We are developing our position in the e-mobility space with our systems for battery electric, hydrogen fuel cell electric and hybrid elec- tric systems. From 2020, we have combined all e-mobility activities within Hexagon Purus. WORLD CLASS MANUFACTURING AND INNOVATIVE TECHNOLOGIES To optimize energy and material consumption and improve the quality and efficiency of our processes, we are focusing on automation of our facilities and training of our people. We are investing in a number of innovation projects, includ- ing digital solutions to enhance the customer experience and enable new business models. SUSTAINABILITY We have adopted the UN’s Sustainability Goals in our corporate strategy, focusing on six of the seventeen goals. To learn more, please read the Sustainability Report on pages 50-69. 2019 was a year of strong growth and major accomplish- ments. I would like to thank our employees, customers, shareholders and other stakeholders for their continued support, allowing Hexagon to pursue its important mission. Please take care of each other, your families and friends. JON ERIK ENGESET Group President & CEO