Hoganas
Höganäs AB, commonly referred to as Höganäs, is a leading global player in the metal powder industry, headquartered in Höganäs, Sweden. Founded in 1797, the company has established itself as a pioneer in the development of innovative metal powders, serving diverse sectors such as automotive, aerospace, and industrial manufacturing. With a strong presence in Europe, Asia, and the Americas, Höganäs offers a wide range of products, including iron and stainless steel powders, which are renowned for their quality and performance. The company’s commitment to sustainability and advanced technology has positioned it as a market leader, achieving significant milestones in powder metallurgy. Höganäs continues to drive innovation, making it a trusted partner for businesses seeking high-performance materials.
DitchCarbon Score
How does Hoganas's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Non-Ferrous Metal Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hoganas's score of 70 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hoganas's reported carbon emissions
In 2024, Höganäs AB reported total carbon emissions of approximately 648,500,000 kg CO2e, with Scope 1 emissions at about 206,700,000 kg CO2e, Scope 2 emissions at approximately 1,000,000 kg CO2e (market-based), and a significant Scope 3 total of about 3,496,000,000 kg CO2e. This represents a slight increase from 2023, where total emissions were about 631,700,000 kg CO2e. Höganäs has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2040, using 2018 as the base year. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 51% by 2030 and Scope 3 emissions from purchased goods and services, upstream transportation, and business travel by 30% within the same timeframe. Additionally, they aim to reduce carbon emissions intensity from their operations (Scope 1 and 2) by at least 25% by 2025. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to significant reductions in greenhouse gas emissions, with a long-term goal of reducing total emissions (Scopes 1, 2, and 3) by 90% by 2040. The data reported by Höganäs is cascaded from its parent company, Höganäs AB (publ), ensuring consistency in their sustainability reporting.
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| 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 270,800,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 103,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 528,300,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hoganas is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
