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 around 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. Near-term targets include a 51% reduction in absolute Scope 1 and 2 emissions by 2030 and a 30% reduction in Scope 3 emissions, which encompass purchased goods and services, upstream transportation and distribution, and business travel. The company has also committed to reducing carbon emissions intensity from its operations (Scope 1 and 2) by at least 25% by 2025. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to keep global warming below 1.5°C. Höganäs's emissions data is cascaded from its parent company, Höganäs AB (publ), ensuring consistency and transparency in reporting. The company is actively working towards its reduction goals and is on track to meet its near-term targets.
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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.
