Höganäs joins SBTi

Höganäs has signed up to the Science Based Targets initiative (SBTi), an emission reduction plan set up by the World Resources Institute consistent with the Paris Agreement.

Plans are to reduce greenhouse gas emissions to net-zero by 2045 at the latest. To achieve these targets, Höganäs says that it is focusing on improving energy efficiency, transitioning to the use of fossil free energy in production and transport, replacing fossil process coals, and rethinking its materials supply.

“The commitment to the Science Based Target initiative is the right way to go in our journey towards becoming the first green metal powder producer in the world and to set the benchmark within our industry,” says Fredrik Emilson, CEO Höganäs.

Höganäs next plans to specify its climate targets and submit them to the SBTi for official validation.