Höganäs aims for net-zero climate impact by 2037
Höganäs AB has very ambitious plans to transform its production of metal powder and use fossil free electricity and bio coke, reduce carbon dioxide emissions and invest for future sustainability.
– We work actively to minimize our environmental footprint and are committed to significantly reducing carbon dioxide emissions, and we have set high internal ambitions to have a net-zero climate impact by the year 2037 across the entire value chain (scope 1, 2 and 3 upstream), said CEO Fredrik Emilson at a conference arranged by Intelligence Watch.
Together with Cortus Energy, Höganäs are building a facility for renewable energy-gas and bio-based coal. The plans follow similar ambitious plans from the other Swedish metal industry. SSAB and LKAB, together with Vattenfall, are making a joint effort to develop the first fossil-free steel under the name HYBRIT. The technology has the potential to reduce Sweden’s total carbon dioxide emissions by at least ten percent.