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HÖGANÄS HOLDING AB, commonly referred to as Höganäs, is a prominent player within the meat products sector, headquartered in Sweden. Established in 2010, the company has grown to become a significant entity in the industry, serving markets across Europe and beyond. Its core business revolves around the production and distribution of specialised meat products and related services, distinguished by a focus on quality and innovation.
With a strong presence in the Nordic region and expanding operations, Höganäs has earned a reputation for delivering reliable, high-quality offerings to its customers. The company's strategic milestones include establishing a robust supply chain and maintaining a competitive market position through continuous product development. As a key player in the meat products nec industry, Höganäs Holding AB remains committed to meeting evolving industry standards and customer needs.
+25 vs industry average
HÖGANÄS HOLDING AB’s score of 30 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
General Meat Products is among the most carbon-intensive industries
The General Meat Products industry has reduced its overall emissions by 22% since 2018
Scope 3 accounts for ••• of total emissions.
HÖGANÄS HOLDING AB, a Swedish-headquartered company in the Meat products nec industry, reported total carbon emissions of approximately 648.5 million kg CO2e in 2024. This figure includes about 206.7 million kg CO2e from Scope 1 emissions, approximately 1 million kg CO2e from Scope 2 market-based emissions, and around 440.8 million kg CO2e from Scope 3 emissions.
The company has set a near-term target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 51% by 2030, using 2018 as a base year. Additionally, HÖGANÄS HOLDING AB has a long-term commitment to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040, also from a 2018 base year.
Looking at historical data, the company's total emissions have fluctuated. In 2023, total emissions were about 631.7 million kg CO2e, with Scope 1 at approximately 213 million kg CO2e and Scope 3 at around 417.8 million kg CO2e. In 2018, the base year for their targets, total emissions were approximately 938.1 million kg CO2e, consisting of about 270.8 million kg CO2e from Scope 1, approximately 103.7 million kg CO2e from Scope 2 market-based emissions, and around 563.6 million kg CO2e from Scope 3 emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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