- Unsatisfactory workplace health & safety performance
- Lower demand and production volumes due to economic uncertainty (war in Ukraine, inflation, high interest rates)
- Transition to electric vehicles disrupting the automotive industry (main customer segment)
- Customers setting ambitious Scope 3 emissions reduction targets
- Sourcing high-quality biochar in sufficient quantities
Höganäs Holding AB
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Höganäs Holding AB disclosed greenhouse gas emissions of 203.3K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 202.4K tCO2e/year; Scope 2: 0 tCO2e/year (100% fossil-free electricity); Scope 3: 419.9K tCO2e/year (upstream). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
203.3K tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
32% (incl. sold)
of total energy
Water Usage
7.2K m3/year
2023
Waste
26.8K tons/year (to disposal)
2023
Energy Use
773.7K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 202.4K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 tCO2e/year (100% fossil-free electricity) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 419.9K tCO2e/year (upstream) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 203.3K tCO2e/year (Scope 1 & 2) |
| 2019 | 256.2K tCO2e/year |
| 2017 | 269.5K tCO2e/year (Scope 1) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1-2 emissions by 46% since 2018
- Reached 100% fossil-free electricity in 2023
- Increased share of biogas in processes
- Successfully tested biochar as a reducing agent, reducing process carbon emissions by 17% in a one-month trial
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve health and safety performance
- Continue executing on climate roadmap
- Implement new organization
- Develop new products for battery electric drivetrains
📅 Medium-term
- Net-zero emissions across operations (Scope 1 and 2) by 2030
- 90% reduction in Scope 1 and 2 emissions (local action plans)
- Increase share of female co-workers to 20% by 2026
- Increase share of female executive managers to 35% by 2026
- 100% of key suppliers rated as ‘good’ or ‘excellent’ by 2026
🔭 Long-term
- Net-zero emissions across value chain (Scope 3) by 2037
- 90% reduction in absolute scope 1, 2 and 3 GHG emissions by 2040 (SBTi)
🌱 ESG Focus Areas
ClimateEnvironmentProductsWorkplaceSociety