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.
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.
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.
Hoganas's score of 47 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Höganäs AB reported total greenhouse gas emissions of approximately 623,200,000 kg CO2e, with Scope 1 emissions at about 202,400,000 kg CO2e and Scope 2 emissions at approximately 900,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, using 2018 as the baseline year. Höganäs has established near-term targets to reduce absolute Scope 1 and 2 emissions by 51% by 2030, and to cut Scope 3 emissions—specifically from purchased goods and services, upstream transportation and distribution, and business travel—by 30% within the same timeframe. Long-term, the company aims for a 90% reduction in absolute emissions across all scopes by 2040. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The commitment includes considerations for land-related emissions and removals from bioenergy feedstocks, reflecting a comprehensive approach to sustainability in the mining and metals sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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Scope 1 | 269,496,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 103,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 committed to some reduction initiatives 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.